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24 April 2017

UK offers Manila trade finance funds worth £4.5bn

The UK has offered a £4.5 billion financing package to the Philippines to underwrite its ambitious infrastructure building programme. The UK is looking to boost its...

24 April 2017

World Bank to finance Peshawar-Kabul highway

The World Bank has agreed in principle to finance a project to build a highway between Peshawar, Pakistan, and Kabul, Afghanistan. The road would improve regional...

21 April 2017

Opportunity of the day: Alfa Laval's heat exchangers to be followed by more Sinopec Zhenhai refinery project tenders

Alfa Laval AB has been awarded a contract to supply ten units of spiral heat exchangers for a 2.6m t/a ebullated bed residue hydroprocessing unit at the Ningbo-based...

21 April 2017

Indian policy change allows state entities direct access to ODA funds

In a move designed to speed up investment in vital infrastructure projects state entities can now access international funds directly from ODA partners. Loans...

21 April 2017

Four Korean insurers invest $480m in infra fund

The Samsung Asset Management/IFM Investors Infrastructure Debt Fund has raised the capital solely from four institutions, including a $250 million contribution from...

21 April 2017

European Diversified Infrastructure Fund II reaches €700m target

Fund manager First State Investments has completed the first of several fundraising series that aim to raise £2 billion towards a portfolio of utility,...

21 April 2017

$1.2bn bond sale supports California high-speed rail project

The bond sale is critical to financing the 118 miles of construction from Madera to Shafter in the Central Valley. This portion of the project is estimated to cost...

21 April 2017

Green Investment Bank sold to Macquarie for £2.3bn

The Australian infrastructure investor has bought GIB from the UK government for £1.7 billion with an estimated £600 million for future funding...

21 April 2017

California Energy Commission licenses 844MW Huntington Beach power plant

The initial installation of a 644MW generator at Huntington Beach, Orange County, will be followed later by two 100MW units subject to securing power purchase agreements....

21 April 2017

Octopus Energy carries out largest European solar refinancing

Six banks have provided £484 million of medium-term senior debt to replace Octopous Energy's bridge facility that covers 74 solar projects in England and Wales....

21 April 2017

Infinergy and Greensolver create renewables joint venture

British renewables developer Infinergy and French technical consultants Greensolver have formed JV Greensolver UK to focus on technical and commercial management of wind...

20 April 2017

Alba 6: ECA-backed deal adds another piece to the funding puzzle

Alba has secured commitments for an additional $700 million ECA-backed loan to part finance its Line 6 expansion project. The deal complements a $1.5 billion syndicated...

20 April 2017

ABS for Indonesian infrastructure financing nearer to becoming a reality

Indonesian infrastructure asset-backed securitization (ABS) financing is nearer to becoming a realistic option for project developers. PLN and state-owned toll road...

20 April 2017

JLEN acquires North Wales wind farm

John Laing Environment Assets Group has completed the £22.6 million purchase of the 11.7MW Moel Moelogan 2 wind farm located near Llanrwst, Conwy. Funding...

20 April 2017

Fisia Italimpianti wins $255m Saudi desalination plant contract

The Italian Salini Impregilo subsidiary and a Spanish joint venture partner have signed a contract with Acwa Power to design and build a reverse osmosis desalination...

20 April 2017

May date set for Spanish renewable energy auction

Spain's 2-3GW renewable energy auction will take place on 17th May with the Spanish solar association is considering legal action against what it sees as a bias...

20 April 2017

Proposed Canadian infrastructure bank could make US investments.

The wording of the legislation for the proposed bank would allow for cross-border investment so long as the bankrolled infrastructure projects provide a financial benefit...

20 April 2017

Corpus Christi selected for ExxonMobil SABIC $10bn Ethylene plant

Confirmation of the site location in San Patricio County enables the first US joint venture for ExxonMobile and Saudi-controlled SABIC to proceed with the application...

20 April 2017

Indonesian court revokes Cirebon 2 permit after JBIC signs loan

The West Java civil court has ruled that the environmental permit for the 1GW coal-fired power project had been issued illegally. A consortium of Korean and Japanese...

20 April 2017

Alterra acquires 320MW Boswell Springs wind project

Canadian renewable energy company Alterra Power Corp acquired the portfolio of wind projects located in Wyoming from developer Intermountain Wind. PacifiCorp subsiduary...