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News
15 February 2018
in
Renewable energy, Traditional energy

La Virgen Hydro refinances bridge loans

La Virgen – 65% owned by Alupar Investimento – has drawn down an $80 million long term loan from CAF and DEG to refinance bridging loans provided by Cofide...

News
14 February 2018

EBRD appoints Angela Sax new head of Moldova

The European Bank for Reconstruction and Development (EBRD) has appointed Angela Sax the new head of office for its operations in Moldova. She joined the EBRD Resident...

News
14 February 2018

JICA provides $700m to African Development Fund

The Japan International Cooperation Agency (JICA) has signed an Official Development Assistance loan agreement of about $700.9 million with the African Development Fund....

News
14 February 2018
in
Mining

NIB finances Boliden copper mine and smelter investments

The Nordic Investment Bank (NIB) and the Swedish mining and smelting company Boliden have signed a long-term loan agreement of €110 million for investments at the...

News
14 February 2018

EIB approves loan for Northvolt battery project in Sweden

The European Investment Bank (EIB) has approved a loan of up to €52.5 million to Northvolt, which is planning to build a 32GWh capacity battery storage R&D and...

News
14 February 2018

Uganda farmers paid in Bidco project dispute after IFC mediation

Farmers whose land was bought for a Bidco palm oil project in Uganda have been compensated. The payoff to the 36 farmers follows mediation by the dispute resolution...

News
14 February 2018
in
Renewable energy

OPIC doubles solar investments abroad in Donald Trump's first year

The US doubled its financial support for solar power projects overseas last year under a climate-friendly investment policy written in the last days of Barack Obama's...

News
13 February 2018

Outline of Trump infrastructure plan finally aired

The outline of the long-awaited $1.5 trillion infrastructure initiative has been unveiled by the White House that proposes a $200 billion government commitment over ten...

News
13 February 2018
in
Renewable energy

MagneGas seeking project finance

Florida-based MagneGas Corporation has signed a letter of intent to form an Ireland-based holding company for the express purpose of acquiring 100% of Infinite Fuels, a...

News
13 February 2018
in
Manufacturing, Traditional energy

WSP wins Zambia-DRC interconnector deal

UK engineering consultant WSP has been appointed by the Southern African Power Pool to develop a proposed 330 kV interconnector between Zambia and the Democratic Republic...

News
13 February 2018

FMO invests $25m in Canada's JCM Power

Dutch development bank FMO has committed to invest up to $25 million in JCM Power, a Canadian-based renewable energy independent power producer developing and operating...

News
12 February 2018
in
Renewable energy, Traditional energy

Development funding for $117m South Australian hydrogen project

South Australia’s Renewable Technology Fund is supporting a $117.5 million renewable-hydrogen electrolyser demonstrator plant with a $4.7 million grant...

News
09 February 2018

EBRD boosts small businesses in Jordan

The European Bank for Reconstruction and Development is providing a loan in Jordanian Dinar - equivalent to $20 million - to Cairo Amman Bank for on-lending to local...

News
09 February 2018
in
Renewable energy, Traditional energy

Swedish Energy Agency backs Northvolt's battery production facility

The government-backed Swedish Energy Agency is to contribute €15 million towards Northvolt's planned €4 billion lithium-ion battery production facility in...

News
09 February 2018
in
Renewable energy

EBRD provides loan for new solar power plant in Jordan

The European Bank for Reconstruction and Development is extending a $22 million loan for the construction and operation of a 50MW photovoltaic plant in the Risha...

News
09 February 2018
in
Renewable energy

EBRD finances 45MW wind farm in Jordan

The European Bank for Reconstruction and Development (EBRD) is providing a $52 million loan for the construction and operation of a 45MW wind farm in the Shobak region of...

News
09 February 2018
in
Agriculture/food chain

World Bank Group unveils new financial tool for Ukrainian farmers

The World Bank Group, in partnership with the Swiss and Ukrainian governments, is rolling out a new financial instrument - crop receipts - across Ukraine to expand access...

News
09 February 2018

AfDB hits highest annual disbursement ever of $7.67bn

The African Development Bank (AfDB) achieved its highest annual disbursement ever of $7.67 billion dollars in 2017. President Akinwumi Adesina said: "Our investment...

News
09 February 2018
in
Renewable energy

EBRD finances 36MW solar plant near Lviv

The EBRD is providing a ten-year loan of €17.3 million to help finance a new 36MW solar plant inear Lviv, in western Ukraine. The Clean Technology Fund, the...

News
08 February 2018
in
Agriculture/food chain

FMO arranges loan to Access Bank to boost Nigerian agribusinesses

Dutch development bank FMO, together with France's Proparco, the Norwegian Investment Fund for Developing Countries, the Finnish Fund for Industrial Cooperation, and...