The blueprint for ETM finance - the Cirebon 1 plant in Indonesia - is shaping up, albeit slowly. But the deal is still awaiting government approval before it can sign and accelerate the early retirement of coal-fired power plants in the region and beyond. More
Tough times for the development finance community are reflected in the totals for the first half of the year. But DFIs are sticking with the course of mobilising greater amounts of private capital. More
Diarmaid Kehoe has been appointed as the new representative in Ireland and head of the European Investment Bank Group’s Dublin office. Trained as an engineer at Trinity College Dublin, Kehoe moved into infrastructure finance, beginning his career in Ireland’s private sector... More
CEB has approved 11 new loans totalling €800 million ($940 million) to finance social investments across its member countries. The projects address critical needs in education, healthcare, housing, microfinance, and public services, with a strong focus on supporting vulnerable groups.Bosnia and... More
Mauritania has signed a $300 million independent power producer contract with Iwa Green Energy to develop a 60MW hybrid solar-wind plant. The initiative represents Mauritania's first IPP deal and is part of the Desert to Power programme, a regional framework backed by the African... More
EIB has agreed a €300 million ($325 million) loan with Naftogaz to support Ukraine’s energy sector resilience and replenish gas reserves ahead of winter. The financing is intended to secure energy supplies for households and businesses following significant infrastructure damage... More
IDB has approved a $160 million loan to The Bahamas to enhance disaster-risk management and implement national policy instruments mandated by recent legislation. This financing marks the second tranche in a two-part programme, following a 2023 operation that led to the passage of the Disaster... More
EIB and CaixaBank have signed a €50 million (almost $59 million) counter-guarantee agreement.CaixaBank will create a portfolio of bank guarantees under a green trade finance facility of at least €100 million to back the manufacturing capabilities of Navantia’s renewable energy... More
AfDB and Mota-Engil Africa have signed a €120 million (around $140.8 million) partial credit guarantee to support a €170 million sustainability-linked loan provided by Deutsche Bank. The transaction marks the first time AfDB has directly supported an engineering, procurement and... More
JICA has signed a $75 million loan agreement with ECOM Agroindustrial and its group company to support coffee supply chains across India, Indonesia, Papua New Guinea and Vietnam. The financing, co-financed by Asian Development Bank, marks JICA’s first exclusive working capital loan and is... More
Nuveen has acquired a majority interest in US-based Ally Energy Solutions. The transaction was executed through Nuveen's Private Equity Impact team as the sixth investment in Nuveen Climate Inclusion Fund II. Ally, founded in 2014, offers turnkey power services including distributed clean... More
JICA has appointed Daiwa Securities, SMBC Nikko Securities, and Tokai Tokyo Securities as joint lead managers for its 85th and 86th Fiscal Investment and Loan Program (FILP) agency bonds, denominated in Japanese yen and scheduled to launch in November 2025. The issuances comprise a two-year and... More
ADB has signed a $30 million sustainability-linked loan facility with Envoy Textiles in Bangladesh to fund the company’s new spinning unit and refinance short-term local working capital loans. The proceeds will finance the design and construction of a new automated, energy-efficient... More
BNDES has approved a BRL213 million ($40 million) bank guarantee from Banco da Amazonia (Basa) to allow Aguas de Sao Francisco Concessionaria de Saneamento to bring forward its water and sewage supply targets to November 2025. The agreement makes Barcarena the first city in the state of Para and one... More
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Full detailsEIB and Intesa Sanpaolo have signed two financing agreements totalling €750 million ($805.5 million). The deals will support the development of renewable energy plants and related supply chain projects under the 2GW Programme in Italy and other EU countries. The first transaction is a... More
AFC has closed a $1.5 billion syndicated loan, its largest-ever facility, to support general corporate purposes tied to infrastructure development in Africa. The transaction, which originally launched at $1.3 billion, saw strong demand and attracted a mix of new and returning lenders across the... More
ADB has approved a $299 million loan as the final tranche for India's Delhi–Meerut Regional Rapid Transit System investment project to advance sustainable urban transportation in the National Capital Region. Cofinancing comes from the Asian Infrastructure Investment Bank and the Japan Fund... More
EIB has signed a €25.9 million ($27.8 million) loan for Iberdrola to finance the 22.5MW Gatza wind farm in central Greece, covering the municipalities of Orchomenou and Lokron, Viotia, and Fthiotida. The financing structure includes a €10 million loan from the EIB's own resources... More
Isabel Chatterton has been appointed as director general for private sector operations at the Asian Development Bank. In her new role, Chatterton will lead the department’s strategic direction aimed at boosting sustainable private investment, scaling development impact, and deepening... More
The World Bank has approved a $300 million loan to Costa Rica to improve fiscal management and support sustainable economic activities focused on job creation, with a particular emphasis on rural and coastal communities. The financing, structured as a variable-rate loan with a 33.5-year... More