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07 June 2018
in
Renewable energy

TMB issues Thailand’s first Green Bond for $60m

The International Finance Corporation is the sole investor of the $60 million green bond issued by Thailand's TMB Bank. It represents the first green bond issued by a...

07 June 2018
in
Renewable energy

ADB supports Over $1bn in clean energy investments in the Pacific until 2021

The Asian Development Bank (ADB) will support over $1 billion in energy investments in the Pacific between 2018 and 2021, including 19 projects to help countries in the...

06 June 2018

EIB, under pressure from the US, balks at EU plan to work in Iran

The European Investment Bank has balked at an EU proposal to do business in Iran to help offset US sanctions and save the 2015 nuclear deal - under pressure from the US,...

06 June 2018
in
Social infrastructure

IADB and BNDES launch $1.5bn infrastructure credit fund

The Inter-American Development Bank (IADB), through its private sector institution IDB Invest, has joined forces with Brazilian development bank BNDES to create an...

06 June 2018

NIB finances electricity network improvements in Finland

The Nordic Investment Bank has signed a €150 million, 15-year loan with Finland's largest distribution system operator, Caruna, to strengthen the reliability of...

06 June 2018

Emma Navarro appointed as new EIB Vice President

Emma Navarro has been appointed Vice President and member of the Management Committee of the European Investment Bank. She has been General Secretary of the Treasury...

06 June 2018

CDB agrees $250m loan to National Bank of Uzbekistan

China Development Bank (CDB) and the National Bank for Foreign Economic Activity of Uzbekistan have signed a $250 million project finance loan...

05 June 2018
in
Agriculture/food chain

IFC finances Afghan raisin processing plant, MIGA in talks over insurance

The International Finance Corporation and Multilateral Investment Guarantee Agency are set to provide $3 million in financing and $7.8 million in political risk insurance...

05 June 2018

NIB approves 2017 results, appoints Ozola as chair

The Nordic Investment Bank made a total of €3,812 million in loan agreements and investments in green bonds in 2017, according to its annual accounts. Of €211...

05 June 2018

IFC invests in Bank of Africa to expand SME lending in eight countries

The International Finance Corporation has announced a $60 million investment in a regional risk-sharing facility to support Bank of Africa Group's lending to small...

04 June 2018
in
Renewable energy

Azure secures $135m of DFI funding for rooftop solar

Azure Power has secured India's largest financing for rooftop solar with a consortium of Development Finance Institutions. The International Finance Corporation-led...

04 June 2018

Vnesheconombank opens Abu Dhabi representative office

Russia's Vnesheconombank (VEB) has opened its representative office in Abu Dhabi. The office will promote cooperation between the UAE and Russia in exports and...

04 June 2018

EBRD, IFC, FMO finance upgrade of electricity grid in western Anatolia

The European Bank for Reconstruction and Development, International Finance Corporation, and Dutch Development Bank FMO are joining forces to finance improvements in the...

01 June 2018
in
Renewable energy

Paradise Park PV reaches financial close with DFI backing

Neoen, Rekamniar Frontier Ventures and MPC Caribbean Clean Energy Fund have reached financial close on a DFI-backed project financing for the 51MW Paradise Park PV...

01 June 2018

ADB agrees $375m loan for Madhya Pradesh irrigation project

The Asian Development Bank has approved a $375 million loan for a project that will contribute to doubling farming incomes in the Indian state of Madhya Pradesh by...

01 June 2018

EIB and RCB boost support of Cypriot SMEs

The European Investment Bank has agreed a new €30 million financing initiative with Cyprus' RCB Bank to boost financing to small and medium-sized enterprises....

31 May 2018

IFC invests in I&M Bank (Rwanda) to boost SME lending

The International Finance Corporation has announced a $10 million subordinated loan to I&M Bank (Rwanda) to strengthen the bank's capital base, and help it...

31 May 2018

EBRD, GCECA publish recommendations on physical climate impacts in financial reporting

The European Bank for Reconstruction and Development and the Global Centre of Excellence on Climate Adaptation (GCECA) have published a new report on physical climate...

31 May 2018

JBIC agrees export credit line for Sberbank of Russia

The Japan Bank for International Cooperation has signed an agreement with Sberbank of Russia for an export credit line totaling up to JPY30 billion to finance Japanese...

30 May 2018

China Glass Holdings closes MIGA-backed financing in Nigeria

China Glass Holdings (CGH) has closed a $66.5 million MIGA-backed financing to fund the construction of a float glass manufacturing plant in Nigeria. Financed on a...