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02 January 2020
in
Traditional energy

China Development Bank Leasing buys LNG vessel

CDB Leasing (International) Company, a wholly-owned subsidiary of China Development Bank Leasing, has entered into a vessel purchase agreement with CMB International...

24 December 2019
in
Mining

Danakali executes $200m financing for potash project in Eritrea

Colluli Mining Share Company  - a JV between Danakali and Eritrean National Mining Company - has executed definitive documents for a $200 million seven-year senior...

24 December 2019

IFC invests in BT Leasing to boost Romanian SMEs, sustainable finance

The International Finance Corporation is providing €18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and medium-sized...

23 December 2019
in
Traditional energy

KfW IPEX, Finnvera, FEC to finance El Salvador LNG-to-power project

KfW IPEX-Bank, Finnish Export Credit and Finnvera are to provide $142 million of debt to part finance the 378MW $877 million Energia del Pacifico LNG-to-power project in...

23 December 2019
in
Renewable energy

Ibri II solar financing nears close

An ACWA Power-led consortium – comprising Kuwait's GIC (40%) and Alternative Energy Projects (10%) – is expected to reached financial close on a $263...

23 December 2019

Tesla to take new $1.4bn loan from Chinese banks for Shanghai factory

US electric vehicle maker Tesla and a group of Chinese banks have agreed a new CNY10 billion ($1.4 billion), five-year loan facility for the company's Shanghai car...

23 December 2019
in
Renewable energy

Financial close for 46MW Nkhotakota solar project in Malawi

Phanes Group has reached financial close on the debt backing its 46MW Nkhotakota solar project in Malawi. The project is being developed by Phanes in collaboration with...

23 December 2019
in
Renewable energy

JBIC agrees loan for wind power plant in northern Morocco

The Japan Bank for International Cooperation has signed a €44 million (JBIC portion) with Moroccan company Parc Eolien de Taza SA (PETS) - invested in by Mitsui...

23 December 2019
in
Renewable energy

GAM buys equity stake in Dominican Republic wind project

GAM Capital's closed-end fund, GAM Energía, has acquired an equity stake in Akuo Energy Dominicana, owner of the 50MW Parques Eolicos del Caribea wind farm...

23 December 2019
in
Manufacturing, Renewable energy, Traditional energy

IADB finances project to boost electricity coverage in rural Suriname

The Inter-American Development Bank has approved a $30 million investment loan to Suriname for a project to improve access to sustainable electricity.The project is also...

23 December 2019
in
Waste and water

AfDB finances roll out of solar-powered irrigation in Sudan

The African Development Bank has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country’s West...

23 December 2019

AIIB unveils changes to leadership team

The Asian Infrastructure Investment Bank President has announced a number of changes to its leadership team.Thierry de Longuemar, AIIB’s current Vice President and...

23 December 2019

EBRD appoints Heike Harmgart MD for southern and eastern Mediterranean

The European Bank for Reconstruction and Development has appointed Heike Harmgart as Managing Director for its southern and eastern Mediterranean region.Dr Harmgart will...

23 December 2019
in
Social infrastructure

AIIB agrees $500m loan for Russian transport project

The Asian Infrastructure Investment Bank (AIIB) has approved its first investment in Russia to improve transport connectivity and road safety.The $500 million loan will...

23 December 2019
in
Renewable energy, Traditional energy

IFC invests in the first green bonds issuance in Ecuador by Banco Pichincha

The International Finance Corporation has invested $50 million in a public issuance of green bonds made by Banco Pichincha, for a total amount of $150 million. This is...

20 December 2019
in
Traditional energy

Marlin Azul gas-fired plant seals debt

 Sponsors of the 565MW Marlin Azul gas-fired thermoelectric power plant in Brazil – Pátria Investimentos (50%), Shell (30%), Mitsubishi Hitachi Power...

20 December 2019
in
Renewable energy

NADB helps finance 117MW Delaro wind farm in Tamaulipas

The North American Development Bank (NADB), Banco Santander, Banco Mercantil del Norte (Banorte) have signed a loan agreement - backed by Denmark's EKF - for the...

20 December 2019

Orsted-led H2RES green hydrogen pilot project awarded funding

The Danish Energy Agency under its Energy Technology Development and Demonstration Programme (EUDP) has awarded DKK 34.6 million ($5 million) to a consortium of seven...

20 December 2019
in
Waste and water

EBRD, EIB finance wastewater treatment plant in Skopje

A new wastewater treatment plant in Skopje will be financed through a €58 million loan from the European Bank for Reconstruction and Development, €68 million...

20 December 2019
in
Manufacturing, Traditional energy

EIB finances Czech electricity distribution network upgrade

The European Investment Bank will finance an investment programme to upgrade the electricity distribution network in the Czech Republic.Czech energy utility CEZ will...