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News
16 January 2020
in
Renewable energy, Traditional energy

EBRD invests $60m in Egypt's Infinity Energy

The European Bank for Reconstruction and Development is investing $60 million to become a shareholder in Egyptian private energy company Infinity Energy through the...

News
16 January 2020

EIB: Thomas Östros appointed new VP

Thomas Östros has been appointed Vice-President and Member of the Management Committee of the European Investment Bank. He will take up his duties on 27 January,...

News
16 January 2020

ADB returns to US dollar market with dual-tranche global benchmark bonds

The Asian Development Bank has returned to the US dollar bond market with the pricing of a three-year global benchmark bond worth $2.25 billion and a ten-year global...

News
16 January 2020

EKF signs MoU with BNDES

Denmark's EKF has signed a Memorandum of Understanding with Brazilian development bank BNDES. The MoU has a particular focus on benefiting Danish exporters of wind...

News
16 January 2020

ADB President Takehiko Nakao steps down

Asian Development Bank President Takehiko Nakao has stood down after nearly seven years in office. He will be succeeded by Masatsugu Asakawa, who was Vice Minister of...

News
16 January 2020

IADB launches $3bn 5-year fixed rate global

The Inter-American Development Bank has priced a new $3 billion five-year global bond. The transaction pays a semi-annual coupon of 1.750% and matures on 14 March...

News
15 January 2020

EDB backs Belaruskali with $400m loan

Belarusian potash mining company OAO Belaruskali.has signed two five-year loans totalling $400 million with the Eurasian Development Bank to finance the company’s...

News
15 January 2020
in
Renewable energy

Togo tenders up to 80MW under Scaling Solar

Togo's Agency for Rural Electrification and Renewable Energy has issued a request for pre-qualification for the development of 60-80MW of solar capacity under the...

News
14 January 2020
in
Renewable energy, Traditional energy

BNDES agrees $23m loan for biogas project in Brazil

Brazilian development bank BNDES has approved a loan of about BRL97.1 million ($23.4 million) to support a biogas project by local sugar and ethanol producing company...

News
14 January 2020

Marina Petrov appointed new EBRD Head of Belarus

The European Bank for Reconstruction and Development has appointed Marina Petrov as its Head of Belarus, based in Minsk.She will be responsible for the bank’s...

News
14 January 2020
in
Renewable energy, Traditional energy

AfDB approves grant for Ruzizi IV Hydropower Project

The African Development Bank has approved an €8 million grant drawn from the European Union’s Africa Investment Platform to support the preparation of the...

News
14 January 2020
in
Renewable energy, Traditional energy

IFC helps VP Bank boost climate financing

The International Finance Corporation is providing a financing package of $212.5 million to Vietnam Prosperity Joint Stock Commercial Bank (VP Bank). The funding...

News
13 January 2020
in
Renewable energy, Traditional energy

IRENA/ADFD Project Facility hits record level

Abu Dhabi Fund for Development (ADFD) has allocated $105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD...

News
13 January 2020
in
Renewable energy

Seychelles awards 4MW floating solar PPP project

The Seychelles Energy Commission has selected a consortium of Quadran, Masdar and Vetiver Tech to build a 4MW floating solar power plant in the lagoon of Providence on...

News
13 January 2020
in
Renewable energy

EIB agrees loan for three Polish wind farms

The EIB will provide a €64 million loan ($71 million) to PGE Polska to finance construction of three new wind farms on the Polish Baltic coast. The maturity of the...

News
13 January 2020
in
Renewable energy

Mahindra getting IFC backing for Rajasthan solar project

Mahindra Susten, a subsidiary of Mahindra Renewables (MRPL), is to invest around $171 million in a 250MW solar project in Rajasthan. The IFC is providing a $36 million...

News
13 January 2020
in
Renewable energy, Traditional energy

EBRD and IRENA to build bankable renewables project pipeline

The International Renewable Energy Agency (IRENA) and the EBRD have signed a memorandum of understanding (MoU) on accelerating efforts to rapidly increase the share of...

News
10 January 2020
in
Social infrastructure

EBRD agrees $137m loan for Mongolian road project

The European Bank for Reconstruction and Development is providing $137 million for investments to double the throughput capacity of the 202km road between...

News
10 January 2020

JBIC agrees NEXI-backed loan to India's JSW Steel

The Japan Bank for International Cooperation has agreed a loan of up to $30 million to Mumbai-headquartered JSW Steel. The loan is co-financed with Mizuho Bank, bringing...

News
10 January 2020

Off-Grid Energy Access Fund reaches final equity close

The African Development Bank-sponsored Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59 million in...