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News
12 July 2018
in
Renewable energy

Globeleq secures CDC financing for Malindi solar project

Independent power producer Globeleq - which is owned by UK development finance institution CDC (70%) and Norfund (30%) - has raised a $50 million, 16-year loan from sole...

News
12 July 2018

EBRD: India becomes 69th shareholder

India has become the 69th shareholder of the European Bank for Reconstruction and Development (EBRD), paving the way for more joint investment with Indian companies...

News
12 July 2018

IFC invests in Yapi Merkezi to help finance MENA, Turkey transport projects

The International Finance Corporation is providing a $100 million financing package to Yapi Merkezi Holding, the parent company of Turkish construction company Yapi...

News
11 July 2018
in
Traditional energy

Pertamina shelves Bojonegara LNG terminal project

Indonesian energy company Pertamina and joint venture partner Bumi Sarana Migas have decided not to proceed with an $800 million LNG terminal project, citing a decline in...

News
11 July 2018

IFC arranges $100m loan for TPBank to boost MSMEs

The International Finance Corporation is providing a syndicated loan of $100 million to Vietnam's TienPhong Commercial Joint Stock Bank (TPBank). The IFC-led...

News
11 July 2018
in
Traditional energy

TDB agrees €400m financing for Tanzania rail and LNG projects

The Trade and Development Bank (TDB) has agreed $400 million in financing to Tanzania to help finance the ongoing standard gauge railway project and a liquefied natural...

News
11 July 2018

EIB and Eurobank sign two new loan agreements

The European Investment Bank (EIB) and Athens-headquartered Eurobank have signed a €100 million new loan agreement to finance eligible investment projects undertaken...

News
10 July 2018

EBRD set to support E5P grants for Belarus

The European Bank for Reconstruction and Development (EBRD) is set to extend €45 million ($53 million) worth of loans to support E5P grants for Belarus. On 10 July...

News
10 July 2018
in
Renewable energy

APICORP publishes report on DFIs in MENA's renewables sector

The Arab Petroleum Investment Corporation (APICORP) has published its latest energy report on the role of multilateral institutions in MENA’s renewable sector. DFIs...

News
09 July 2018

Hafez Ghanem appointed World Bank VP for Africa

The World Bank has appointed Hafez Ghanem vice president for Africa, effective July 1. A development expert with over 30 years of experience, Ghanem will lead a regional...

News
09 July 2018
in
Renewable energy

Bosnia issues energy efficiency upgrade tender

The UNDP Bosnia and Herzegovina has invited companies to submit their bids for energy efficiency rehabilitation works on 11 public buildings. All bids must be submitted...

News
09 July 2018
in
Renewable energy

CEPU in talks with lenders for La Genoveva I wind financing

Central Puerto (CEPU) is negotiating a 13-year loan with the IFC, and a short term working capital facility with Banco Galicia, for its $105...

News
09 July 2018
in
Renewable energy, Social infrastructure

BaltCap infra fund reaches €100m hard cap

The BaltCap Infrastructure Fund (BinF) has reached its €100 million hard cap with a €20 million investment from EBRD. This matches a similar contribution from...

News
06 July 2018
in
Renewable energy

Epsa to issue first green bonds for Colombian solar projects

Celsia affiliate Epsa is to issue up to COP420 billion ($146 million) of 12-year notes though a green bond programme to fund development of 186MW of solar projects in...

News
06 July 2018

African Development Bank transparency ranking improves

The 2018 Aid Transparency Index Report has ranked the African Development Bank fourth among 45 development organisations, lifting the multilateral by six positions...

News
06 July 2018
in
Social infrastructure

ADB signs loan to support Thai road upgrades

Asian Development Bank (ADB) has signed off on a $99.4 million loan to fund the upgrade of 125km of roads across north-east Thailand. The project is expected to be...

News
05 July 2018

Malaysia taps brakes along China's Belt and Road

Malaysian prime minister Mahathir Mohamad is tapping the brakes along China's Belt and Road, stopping work on a $20 billion rail link between the country's east...

News
05 July 2018

IFC, EDC provide $150m loan to CIE Automotive

The International Finance Corporation and Export Development Canada will jointly provide US $150 million to CIE Automotive, a global supplier of components for the market...

News
04 July 2018

Russia's VEB said to plan appeal for $16bn

Russia's state development bank Vnesheconombank (VEB), still emerging from a bailout it needed after international sanctions, is now preparing to ask for another...

News
04 July 2018
in
Traditional energy

NIB funds CHP plant in Northern Finland

Nordic Investment Bank and the Finnish energy company Oulu Energia have signed an 18-year, €100 million loan agreement to finance the construction of a new combined...