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06 June 2019
in
Mining

IFC invests $60m in Iluka's Sierra Rutile project

The International Finance Corporation will invest $60 million in Perth-headquartered mineral sands miner Iluka Resources’ Sierra Rutile operation, in Sierra...

06 June 2019
in
Renewable energy, Traditional energy

Gore Street agrees Irish funding for 160MW energy storage portfolio

Gore Street Energy Storage Fund is planning a £50 million share issue to finance the construction and purchase of a 160MW portfolio of energy storage assets in...

06 June 2019

IFC provides $25m to Banco Familiar to boost SMEs in Paraguay

The International Finance Corporation is providing a $25 million loan to Banco Familiar S.A.E.C.A. to support the expansion of access to finance for micro, small and...

05 June 2019
in
Renewable energy

FDN approves loan for Bosques de los Llanos 1 solar project

FDN has approved a COP24 billion loan for the 27.2MWp Bosques de los Llanos 1 solar project in Meta, Colombia. The project is sponsored by Changzhou Trina Solar Energy...

05 June 2019
in
Social infrastructure

KfW IPEX helps finance project to modernise Helsinki Airport

KfW IPEX-Bank is participating in the financing to expand and modernise Helsinki Airport. The total investment volume adds up to about €1 billion, with KfW IPEX-Bank...

05 June 2019
in
Renewable energy

Scatec Solar and FMO enter equity partnership for the Kamianka project in Ukraine

Dutch development bank FMO has signed an agreement with Scatec Solar to take a 40% equity stake in the 32MW Kamianka project in Ukraine. The total investment for the...

05 June 2019

Development Bank of Wales hires Claire Sullivan as Investment Executive

The Development Bank of Wales has appointed Clare Sullivan as an Investment Executive in its Llanelli offices.Sullivan is part of the New Investments team, building...

05 June 2019
in
Renewable energy

Lesotho’s solar plans receive support from USTDA

The US Trade and Development Agency (USTDA) has agreed to finance a feasibility study for Lesotho's first large-scale PV project, which is a 20MW solar facility that...

05 June 2019

IFC, HSBC create first green bond fund focused on “real economy” issuers in emerging markets

The International Finance Corporation and HSBC Global Asset Management have created the first global green bond fund targeting “real economy” issuers in...

05 June 2019

World Bank: Global growth to weaken to 2.6% in 2019

Global economic growth is forecast to ease to a weaker-than-expected 2.6% in 2019 before inching up to 2.7% in 2020. Growth in emerging market and developing economies is...

04 June 2019
in
Social infrastructure

ADB agrees $311m financing for Bangkok metro lines project

The Asian Development Bank signed a financing package worth THB9.9 billion ($311 million equivalent) for the construction and operation of the Pink and Yellow lines of...

03 June 2019

China's $1.9bn Belt-and-Road Rail Project Goes Off Track

A planned light-railway system that was the most high-profile project in Kazakhstan of China’s Belt and Road infrastructure program has hit a wall. China...

03 June 2019
in
Social infrastructure

CIB to support On Corridor rail project with C$2bn finance package

Canada Infrastructure Bank (CIB) has announced that it will provide C$2 billion ($1.5 billion) of financing for Ontario's GO Expansion - On Corridor rail...

03 June 2019

NEXI backs JBIC credit line to Afreximbank

Nippon Export and Investment Insurance has established an export credit line for the African Export-Import Bank (Afreximbank).NEXI will provide loan insurance for the...

03 June 2019
in
Social infrastructure

ADB agrees $350m loan for road project in India

The Asian Development Bank has approved a $350 million loan to rehabilitate and upgrade state highways and major district roads in Chhattisgarh, cenral India.This project...

03 June 2019

World Bank finances Kenyan dam desilting project

The World Bank has agreed a KES600 million loan to Kenya's Uasin Gishu County in a project that will see the desilting of all dams in a bid to boost food production...

31 May 2019
in
Mining

Teck Resources signs $2.5bn Quebrada Blanca project financing

Canada-based Teck Resources has signed a $2.5 billion limited recourse project financing facility to fund the development of the Quebrada Blanca Phase 2 in the...

31 May 2019

AfDB approves €57.5m to Amen Bank to boost Tunisian SMEs

The African Development Bank has approved €57.5 million (TND191.4 million) in funding for the benefit of Amen Bank to develop trade and support small and...

31 May 2019

ADB helps finance high-tech systems in Maldives to boost trade

The Asian Development Bank has approved a financial package totaling $11 million to bring in a single electronic platform in Maldives to improve the speed and efficiency...

30 May 2019
in
Renewable energy

More details emerge on Ethiopia's Tulu Moye geothermal

Further details have emerged on TM Geothermal Operations (TMGO) $2 billion 520MW Tulu Moye geothermal project in Ethiopia's Eastern Rift Valley. Sponsors - Reykjavik...