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13 February 2020
in
Social infrastructure

€90m EIB loan finances improvements to Karavanke tunnel

The EIB has agreed a €90 million loan to Druzba za avtoceste v Republiki Sloveniji to extend and upgrade the safety of the Karavanke tunnel as part of the project to...

12 February 2020
in
Social infrastructure

Portal North Bridge priority rating upgraded

The US Federal Transit Administration has upgraded the priority rating to medium-high for the $1.8 billion Portal North Bridge replacement project. Congress has approved...

12 February 2020
in
Renewable energy

Evolution II Fund closes equity investment on Burundi solar project

Evolution II Fund has closed an equity investment and construction bridge loan in Gigawatt Global’s 7.5MW solar PV project in Burundi. The Renewable Energy...

12 February 2020
in
Renewable energy

IFC invests in solar power project in the West Bank

The International Finance Corporation and Massader, a company established by the Palestine Investment Fund, have signed a loan agreement to finance the construction of...

12 February 2020
in
Waste and water

World Bank and partners invest $117m in Gaza water project

The World Bank has announced a $15 million grant to the Water Security Development - Gaza Central Desalination Program — Associated Works Phase I Project. The...

12 February 2020
in
Traditional energy

More details on Globeleq's Azito gas-fired plant loan

On 22 January, AzitoEnergie – a joint venture between Globeleq (76.9%) and Industrial Promotion Services (23.1%) – reached financial close on a €265.3...

12 February 2020

World Bank prices New Zealand dollar bond for sustainable development

The World Bank has priced a NZD600 million 1.375% fixed-rate global bond due 19 February, 2025. The Kauri bond was launched with an initial minimum target size of NZD200...

11 February 2020
in
Renewable energy

Google drops acquisition of Vestas' interest in Kenyan wind farm

Google has dropped plans to buy Vestas Wind Systems' 12.5% stake in the 310MW Lake Turkana Wind Power plant in Kenya. The $696MW project was initially scheduled for...

11 February 2020
in
Social infrastructure

$50m EBRD loan will help finance Albanian road projects

The European Bank for Reconstruction and Development has agreed a $50 million loan to the Republic of Albania for the rehabilitation and upgrade of roads will facilitate...

11 February 2020
in
Social infrastructure

EIB supports the upgrading of key Egyptian rail corridor

The European Investment Bank and the Egyptian Ministry of International Cooperation have signed a cooperation agreement to provide up to €1.5 million of grant...

11 February 2020

BSTDB loan boosts support for Armenian SMEs

The Black Sea Trade and Development Bank (BSTDB) has provided a $10 million SME loan facility to the Armenian Economy Development Bank (Armeconombank). Aram...

10 February 2020
in
Waste and water

EIB agrees €120m financing for Egyptian wastewater project

The European Investment Bank has signed a financing agreement of €120 million with Egypt to support the expansion and upgrade of the Alexandria West Waste Water...

10 February 2020
in
Waste and water

EU, EIB to finance Jirama Water III project in Madagascar

Madagascar is set to receive a $72 million grant from the European Union and European Investment Bank to finance a major drinking water project in the capital,...

10 February 2020
in
IT and telecoms, Manufacturing, Traditional energy

CIB advising on Hydro-Fibre Link project

Canada Infrastructure Bank (CIB) has signed a memorandum of understanding to advise on the proposed C$1.6 billion ($751 million) Manitoba-Nunavut Hydro-Fibre Link. The...

10 February 2020

ATI appoints Deepak Dave to new position of Chief Risk Officer

The African Trade Insurance Agency (ATI) has appointed Deepak Dave to the new positon of Chief Risk Officer.Deepak brings over 20 years of global experience in banking,...

10 February 2020
in
Traditional energy

SMART LNG signs financing and time-charter deals for four icebreaking carriers

SMART LNG, a joint venture of Russia's Sovcomflot and NOVATEK, has signed a deal with VEB.RF Group for lease financing of four Arc7 icebreaking LNG carriers for the...

10 February 2020
in
Renewable energy

GCPF provides long-term debt for solar power producer Constant Energy

The Global Climate Partnership Fund (GCPF) has agreed a $15 million long-term senior secured loan Bangkok-based Constant Energy Group, expanding its financing activities...

10 February 2020

TDB issues guarantee to UNTU Capital to boost SME financing

The Eastern and Southern African Trade & Development Bank (TDB) has issued a three-year guarantee of ZWL1 million – scalable to up to ZWL6 million – to...

10 February 2020

ADB, EU, and ASEAN partner to boost green infrastructure

The European Union is preparing to support the Association of Southeast Asian Nations’ (ASEAN) Catalytic Green Finance Facility (ACGF) with €50 million ($54.9...

10 February 2020

IADB launches inaugural Indonesian ruipiah Sustainable Development Bond

The Inter-American Development Bank (IADB) has priced a new three-year fixed rate Sustainable Development Bond in Indonesian ruipiah valued at IDR1,375,500 billion ($100...