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06 December 2019

ADB's first results-based lending program to improve China's air quality

The Asian Development Bank as approved a $300 million results-based lending program with private sector involvement to continue improving the air quality in Henan...

05 December 2019
in
Renewable energy, Traditional energy

FMO, Shell Foundation unveil $120m Energy Entrepreneurs Growth Fund

Dutch development bank FMO and UK-registered charity Shell Foundation have launched the $120 million Energy Entrepreneurs Growth Fund, with an initial close of $45...

05 December 2019
in
Social infrastructure

More details on A9 Badhoevedorp-Holendrecht financing

The Veenix consortium has reached financial close on its €850 million financing for the A9 Badhoevedorp-Holendrecht motorway expansion in the Netherlands. Veenix...

05 December 2019
in
Social infrastructure

CIB commits C$300m for Contrecoeur container terminal

Canada Infrastructure Bank(CIB) is supporting the expansion of the largest port in Eastern Canada with a commitment of up to C$300 million ($225 million) in financing to...

05 December 2019
in
Renewable energy

AfDB to co-finance Yeleen solar plant in Burkina Faso

The African Development Bank has approved a €48.82 million loan to the government of Burkina Faso to help finance the constructon of the Yeleen solar plant.The total...

05 December 2019
in
Renewable energy, Waste and water

Ireland, AFD, World Bank finance Gaza solar power plant

Ireland is to provide €8.8 million to help finance - along with France's AFD and the World Bank - the construction of a 7.5MW solar power plant in Northern Gaza....

05 December 2019

IsDB launches €1bn Green Sukuk

The Islamic Development Bank (IsDB) has priced its first-ever Green Sukuk worth €1 billion. The lender raised €1 billion in five-year Trust Certificates...

05 December 2019
in
Waste and water

ADB approves loan to improve irrigation systems in Cambodia

The Asian Development Bank has approved a $119.16 million financing package to help modernize and improve the climate and disaster resilience of irrigation systems in...

05 December 2019
in
Traditional energy

AFC signs Joint Development Agreement for first refinery in Guinea

Africa Finance Corporation is to act as co-developer on the development and financing of a petroleum storage and associated refinery project in Kamsar, Guinea, by Brahms...

05 December 2019
in
Traditional energy

EU approves state support for Zagreb district heating project

The European Commission has approved Croatian financial support for HEP Toplinarstvo's €57 million ($63 million) plan to modernise a district heating system in...

05 December 2019

New AfDB role for Stefan Nalletamby

The African Development Bank has appointed Stefan Nalletamby as Acting Vice-President for the Private Sector, Infrastructure and Industrialization Complex .He has been...

04 December 2019
in
Traditional energy

Cyprus set for first LNG terminal in 2021

Construction of Cyprus's first LNG terminal station is set to begin soon following an agreement between the state's Natural Gas Public Company (DEFA) and a...

04 December 2019
in
Manufacturing, Traditional energy

Ofgem makes NIC funding awards

Ofgem has published the results of 2019 applications for Network Innovation Competition (NIC) funding. The annual programme aims to award large-scale innovation projects...

04 December 2019
in
Waste and water

ADB agrees $206m loan for water supply and sewerage project in India

The Asian Development Bank has agreed to advance a loan of $206 million to develop water supply and sewerage infrastructure in Tiruchi and other cities in Tamil Nadu,...

04 December 2019

BSTDB, KfW sign $100m credit line

The Black Sea Trade and Development Bank (BSTDB) and German development bank KfW have signed a $100 million credit line.The eight-year facility, provided by KfW, will...

04 December 2019

AFC issues CHF200m infrastructure bond

Africa Finance Corporation (AFC) has issued a CHF200 million Reg S Only bond, maturing in December 2023.The Swiss franc bond was priced at par and carries an annual...

03 December 2019
in
Social infrastructure

A9 expansion PPP reaches financial close

Veenix consortium – comprising Macquarie Capital, Siemens, Count & Cooper and FCC (contractor) – has reached financial close on the €850 million A9...

03 December 2019

EBRD appoints Ionescu as new head of Bulgaria

The EBRD has appointed Anca Ionescu as the new head of Bulgaria. She will assume her role in Sofia on 16 December 2019, replacing Larisa Manastirli. For the past six...

03 December 2019
in
Social infrastructure

SMBC Aviation Capital secures $1bn JBIC loan

Dublin-headquartered global aircraft leasing company SMBC Aviation Capital has secured a ten-year $1 billion loan facility with the Japan Bank for International...

03 December 2019
in
Waste and water

NIB finances development of water and wastewater infrastructure in Estonia

The Nordic Investment Bank and the Estonian water utility company Tallinna Vesi have signed a 15-year loan agreement of €37.5 million to improve freshwater supply...