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05 May 2022
in
Renewable energy

EBRD agrees $25m climate financing in Morocco

The EBRD is providing up to $25 millon in EUR equivalent to Morocco's Banque Centrale Populaire under the GCF GEFF Regional - Morocco II framework. The Green Climate...

05 May 2022
in
Waste and water

EBRD supports critical infrastructure in Zagreb with €50m loan

The EBRD is providing a €50 million (about $53 million) loan to the City of Zagreb to support its vital public utilities, including water and transport.The...

05 May 2022
in
Social infrastructure

NIB provides financing for urban development in Tallinn

NIB and the Tallinn City Government in Estonia have agreed an uncommitted credit facility of €100 million ($105 million) earmarked for urban infrastructure...

05 May 2022

Latvenergo taps green bonds again

State-owned Latvian utility Latvenergo has raised €100 million from a five-year green bond to finance environmentally-friendly investment projects. The deal was 1.6x...

05 May 2022

KfW lands record volume green bond

KfW landed its largest ever euro-denominated green bond last week – a €3 billion issue of 10-year paper with a coupon of 1.375%. Initial orders for the bond...

05 May 2022
in
IT and telecoms

KDB invests in NaraSpace's nanosatellite fundraising

South Korean start-up NaraSpace Technology has raised KRW10 billion ($7.88 million) in a Series A financing round to pursue the development of electro-optical...

05 May 2022

World Bank reviewing alleged abuses by Cambodian microlenders

The World Bank is reviewing a complaint by two Cambodian human rights groups alleging that microlenders backed by the development bank’s financing arm have engaged...

05 May 2022

BNB backs Prosperidade 1 expansion project

Imetame Energia is investing BRL140 million ($28.45 million) to expand its Prosperidade I gas-fired power plant – via the addition of Prosperidade II and III units...

05 May 2022
in
Renewable energy

Casa dos Ventos raises Rio do Vento Wind expansion debentures

Brazilian renewables developer Casa dos Ventos has issued its first green bonds – BRL430 million ($87.3 million) of debentures – the proceeds from which will...

04 May 2022
in
Social infrastructure

Private investment in developing-country infra recovers

New World Bank data finds that private investment in low- and middle-income country infrastructure is rebounding from the historic lows recorded in 2020. Private...

04 May 2022
in
Renewable energy

Starsight seals NIDF deal to refinance DFI debt

Starsight Energy has sealed a NGN8 billion deal with Chapel Hill Denham Nigeria Infrastructure Debt Fund to refinance $20 million of current debt with two DFIs invested...

04 May 2022
in
Renewable energy

Africa GreenCo raises $15.5m for green energy trading

InfraCo Africa, the Danish Investment Fund for Developing Countries (IFU), and the Electrification Financing Initiative have together committed $15.5 million to enable...

04 May 2022
in
Finance and other

AfDB launches A$155m kangaroo social bond

The AfDB has launched a A$155 million (about $110 million) 10.5-year Kangaroo Social Bond, due October 2032 - marking its first social bond transaction of the...

04 May 2022
in
Finance and other

OneMain Holdings closes $600m social ABS bond

US-based OneMain Holdings - which offers nonprime customers responsible access to credit - has closed its second Social Bond issuance, a $600 million ABS Bond, through...

04 May 2022
in
Finance and other

ADB expands policy-based lending to $18bn

The ADB has approved a ceiling of up to $18 billion in policy-based lending between 2022 and 2024 and enhanced its crisis-response instruments to support its developing...

04 May 2022
in
Agriculture/food chain, Renewable energy

DFIs add funding to SME impact investment vehicle

At least six DFIs are committing $60 million to the Bamboo-UNCDF Initiative for Least Developed Countries (BUILD). The vehicle will invest in impact projects led by SMEs,...

03 May 2022
in
IT and telecoms

Seacom looks to IFC for refinancing

African subsea cable operator Seacom – which is principally owned by Remgro (30%), IPS Cable System (40%), Convergence Partners (15%) and Sanlam (15%) – has...

03 May 2022
in
Renewable energy, Traditional energy

IFC invests to promote Colombian green energy

IFC is making a $10 million investment in the form of preferred equity in Vatia, a Colombian electricity retailer and aggregator, to improve access to cleaner energy,...

03 May 2022
in
Social infrastructure

KfW IPEX funds Picnic's fully automatic warehouse

Dutch online supermarket Picnic is building its first fully automated warehouse in Oberhausen, Germany. KfW IPEX-Bank is financing the intralogistics equipment in the...

03 May 2022
in
Agriculture/food chain

EIB helps fund climate change-resistant plant varieties research

The EIB and French family-owned group Florimond Desprez have signed a €40 million ($42 million) finance agreement. The loan will be used to fund research,...