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News
12 July 2019
in
Traditional energy

Kirikkale debt restructuring progressing

Sponsors of the $1 billion 950MW Kirikkale independent power project in Turkey – ACWA Power and Samsung – are said to be close to finalising a debt standstill...

News
09 July 2019
in
Traditional energy

EDB, DBK to finance construction of Saryarka gas pipeline

The Eurasian Development Bank (EDB) and the Development Bank of Kazakhstan (DBK) have opened financing to construct Phase 1 of the Saryarka gas pipeline in...

News
20 June 2019

2.5GW Gulf PD project out to banks

Independent Power Development (IPD) – a joint venture between Gulf Energy Development (GED) and Mitsui – is said to be testing bank appetite for around $1...

News
19 June 2019
in
Renewable energy

ENGIE-led team to sign Senegalese solar projects next week

ENGIE, Meridiam and Senegalese sovereign fund FONSIS are set to sign a DFI-backed financing next week for the 25MW Touba and 35MW Kahone solar plants in Senegal....

News
19 June 2019

IADB: Q1 exports from LatAm and Caribbean fall

The value of exports from Latin American and the Caribbean fell by 1.6% in the first quarter of 2019 compared to the same period in 2018, according to a report by the...

News
17 June 2019
in
Mining

Kaz Minerals signs $600m credit facility for Aktogay expansion project

KAZ Minerals has signed a $600 million credit facility with the Development Bank of Kazakhstan.The new DBK facility will provide financing for the group’s Aktogay...

News
10 June 2019
in
Renewable energy

Masrik 1 solar nears financial close

IFC has confirmed its intention to lend to the 55MW Masrik 1 solar PV project in Armenia. The project will be put to the IFC board for approval on 24 July.FRV –...

News
04 June 2019
in
Social infrastructure

ADB agrees $311m financing for Bangkok metro lines project

The Asian Development Bank signed a financing package worth THB9.9 billion ($311 million equivalent) for the construction and operation of the Pink and Yellow lines of...

News
23 May 2019

Afreximbank reports rise in revenues to $240m

The African Export-Import Bank (Afreximbank) saw a 59% growth in total revenues to $240.71 million for the three months ending 31 March 2019, compared to the $151.17...

News
15 May 2019

Brazil's BNDES posts higher profit on participations

Brazil’s state development bank BNDES posted a first-quarter profit more than five times higher than in the same period a year earlier, helped by the performance of...

News
23 April 2019
in
Manufacturing, Traditional energy

Brazil's LNG-to-power project sounds out banks for phase two

Sponsors of phase one for the $1.2 billion 1,338MW UTE Geracao de Energia (GNA I) LNG-to-power project in Brazil – Prumo Logistics, BP and Siemens – are...

News
16 April 2019
in
Waste and water

IFC and FMO’s NL business partner to promote water and health PPPs

The International Finance Corporation and Dutch development bank FMO have signed a trust fund agreement, which will be used for thepreparation, structuring and tendering...

News
05 April 2019

ADB: Sri Lanka's growth to recover gradually but reforms remain essential

Sri Lanka’s economic growth is projected to pick up to 3.6% in 2019 and further to 3.8% in 2020 from 3.2% in 2018, a new Asian Development Bank report...

News
18 March 2019

EBRD and BMCE Bank of Africa support green energy investments in Morocco

A financial package of the European Bank for Reconstruction and Development provided to BMCE Bank of Africa and supported by the Green Climate Fund will boost investments...

News
07 March 2019

InfraCo Africa finances Samburu and Transmara solar projects in Kenya

InfraCo Africa, part of the Private Infrastructure Development Group, has signed convertible loan agreements with frontier developer Gigawatt Global worth $2.2...

News
22 February 2019
in
Renewable energy

ENGIE led consortium to close Senegalese solar Q2 2019

ENGIE, Meridiam and Senegalese sovereign fund FONSIS are set to reach financial close in Q2 2019 on the 25MW Touba and 35MW Kahone solar plants in Senegal. The two...

News
11 January 2019

LatAm and Caribbean exports rise but at a slower rate

Exports from Latin America and the Caribbean hit their highest level in six years thanks to a 9.9% increase in 2018, albeit amid growing downside risks in the future,...

News
10 January 2019
in
Social infrastructure

LISEA refinancing reaches financial close

LISEA – a consortium of Vinci, CDC, Meridiam and Ardian that holds the Tours-Bordeaux high-speed rail concession in France, which still has 43 years to run...

News
02 January 2019
in
Renewable energy

EBRD and FMO support Scatec Solar in Ukraine

Scatec Solar has arised a €24.5 million syndicated loan from the EBRD and FMO for its 30MW Kamianka solar project in the Cherkasy region of Ukraine....

News
18 December 2018
in
Waste and water

EBRD and EU support expansion of As Samra wastewater treatment plant

The European Bank for Reconstruction and Development and the European Union (EU) are joining forces to help expand the As Samra wastewater treatment plant in...