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25 April 2018
in
Manufacturing, Traditional energy

MiDA selects Meralco consortium to run Electricity Company of Ghana

Following a competitive procurement process, the Ghanaian government organisation Millennium Development Authority (MiDA) has selected a Meralco-led consortium of the...

25 April 2018
in
Traditional energy

JBIC to offer loans to boost US LNG exports to Asia

The Japanese government said it will promote the exports of US liquefied natural gas to Asian countries to help slash Washington's trade deficit. The Japan Bank for...

25 April 2018
in
Traditional energy

Japan's Itochu pulls out of Turkish nuclear power plant project

Japanese trading house Itochu is pulling out of a 4,500MW nuclear power plant project in Sinop, Turkey, over a surge in safety-related costs. The move casts uncertainty...

25 April 2018

ADB sees huge rise in commitments to $20.1bn

The Asian Development Bank saw commitments - loans, grants, and investments - hit $20.1 billion last year, up from $13.3 billion in 2016. The increase was helped by...

25 April 2018
in
Waste and water

NIB finances wastewater and fibre optic network expansions

The Nordic Investment Bank has signed a €16 million, ten-year loan with the Swedish municipality of Karlskrona to finance the expansion of the local fibre optic...

24 April 2018

BNDES: Loan disbursements drop but approvals rise

Brazilian development bank BNDES has reported a 26% drop in loan disbursements to 11.2 billion reais in the first quarter of the year, while loan approvals increased 11%...

24 April 2018

Hyosung Vina Chemicals out to syndication with Kexim/KDB deal

Vietnam based Hyosung Vina Chemicals (a subsidiary of Hyosung) is out to Korean and international lenders for a $1 billion loan. Kexim and Korea Development Bank...

24 April 2018

MIGA: Subramaniam Vishwanathan Iyer is new VP and COO

The Multilateral Investment Guarantee Agency has appointed Subramaniam Vishwanathan Iyer as Vice President and Chief Operating Officer. He joins MIGA from mining group...

24 April 2018

FMO appoints Peter van Mierlo as CEO

Dutch development bank FMO has hired Peter van Mierlo as its new chief executive officer. He joins FMO from PwC where he was chairman of the board of management of PwC...

24 April 2018
in
Social infrastructure

Constructors resort to high court action over Peljeski bridge award

The losing contractors in the Peljeski bridge and access roads tender are to file complaints against the state procurement authority DKOM in the Croatian High Court. DKOM...

24 April 2018
in
Waste and water

EPA makes first WIFIA programme loan to Washington project

US Environmental Protection Agency has made the first loan from the Water Infrastructure Finance and Innovation Act (WIFIA) federal loan and guarantee programme to the...

24 April 2018
in
Renewable energy

Parkwind out to banks and the EIB for Northwester 2

Parkwind is out to international banks and the EIB for project financing to fund its 224MW Northwester 2 offshore wind farm in the Belgian North Sea. Construction is...

24 April 2018
in
Traditional energy

InfraStrata awards FEED contract for Islandmagee gas storage project

Costain has been awarded the surface element of the Front End Engineering Design for the Islandmagee underground gas storage project in County Antrim, Northern Ireland....

24 April 2018

OFID signs $200m loan agreements in 7 countries

The OPEC Fund for International Development (OFID) has signed public sector loan agreements worth almost $200 million. The funds include $53.2 million in Egypt for the...

24 April 2018

IDB Group, EIB pledge to expand partnership and explore blended finance

The Inter-American Development Bank (IADB), its private sector entity IDB Invest, and the European Investment Bank (EIB) have formally expanded their partnership through...

24 April 2018

EIB Group and BBVA boost Spanish SMEs

The European Investment Bank Group, formed by the EIB and European Investment Fund, have granted Spain's BBVA a €98 million guarantee, on a mezzanine tranche of...

23 April 2018

World Bank releases report on private investment in infrastructure

Multi-billion dollar projects, more target countries, and more government support fuelled a 37% rebound in private sector investment in developing-country infrastructure...

23 April 2018

TXF Global 2018: Export & Agency Finance: Get your tickets

Wherever you are based and whichever region you cover, this is the export finance event you shouldn't miss! TXF Global 2018: Export & Agency Finance takes...

23 April 2018
in
Renewable energy

BNDES, NDB agree $67m financing for 358MW Brazilian wind farm

Brazilian development bank BNDES and the New Development Bank (NDB) have disbursed $67.3 million to support six wind projects in Brazil. The funds will help finance parts...

23 April 2018

Dmitry Tvardovsky appointed to Federal Center for Project Finance role

Dmitry Tvardovsky has been appointed as acting general director of Russia's Federal Center for Project Finance, which provides investment for the implementation of...