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09 July 2021

CDP backs Intesa's latest recovery bond

Italian DFI Cassa Depositi e Prestiti (CDP) has subscribed to a €1 billion seven-year bond issued by Intesa Sanpaolo to support small and medium-sized enterprises....

09 July 2021

Bridgewater launches new sustainability fund

Bridgewater Associates, the world’s largest hedge fund firm, launched Bridgewater All Weather Sustainability, LP earlier this month with $2 billion of committed...

09 July 2021
in
Manufacturing, Traditional energy

AfDB backs Ethiopia-Djibouti interconnector project

African Development Bank (AfDB) has approved two grants totalling $83.6 million for a power interconnector project between Ethiopia and Djibouti. The funds comprise a...

09 July 2021

AIIB joins Global Infrastructure Facility

The Asian Infrastructure Investment Bank (AIIB) has become a technical partner of the World Bank-administered Global Infrastructure Facility (GIF). The move is...

09 July 2021
in
Waste and water

CABEI supports Honduran potable water project

CABEI is providing the Honduran government with a $36 million loan – of which $25.2 million is provided by the Republic of Korea through resources administered by...

09 July 2021

EBRD appoints new transformation chief

The EBRD has appointed Dina Matta as its first vice president and chief transformation officer. She joins from ING Group, where she has been head of global transformation...

09 July 2021
in
Renewable energy, Traditional energy

Norway launches new renewables fund

The Norwegian government is launching a new climate investment fund. The fund, which will be administered by Norfund, will focus on investments in renewable energy,...

09 July 2021

Kenya ups stake in Shelter Afrique

Kenya has injected an additional $9.2 million to become the biggest shareholder in the pan-African housing finance firm Shelter Afrique, upping its stake to 18.72% from...

08 July 2021
in
Renewable energy, Traditional energy

EDFI launches EU-funded guarantee for renewable energy projects

The EDFI Management Company has launched the new Transferability & Convertibility Guarantee Facility for renewable energy projects.EDFI MC, a common platform...

08 July 2021
in
Manufacturing, Traditional energy

Enel signs EIB loan for grid modernisation

Enel subsidiary E-Distribuzion has raised a €300 million ($355 million) loan from the EIB to fund its e-grid project. The €300 million is the first tranche of...

08 July 2021
in
Manufacturing

DFIs combine to modernise Uzbekistan's ‘horrendous’ cotton industry

The EBRD and the IFC have provided $130 million of financing for a project aimed at upgrading the equipment, practices and labour rights of an industry infamous for its...

08 July 2021

Nordea AM launches new climate and impact fund

Nordea Asset Management (Nordea AM) has launched its Global Climate and Social Impact Strategy fund. The new fund is a global equity product managed by the ESG thematic...

08 July 2021

Active Impact closes on second fund

Vancouver-based Active Impact Investments – which supports climate tech start-ups across North America, with a small allocation for other geographies – has...

08 July 2021

BPCE to up focus on ESG and impact investing

BPCE, which is in the process of delisting its Natixis investment banking operations, has announced plans to increase its focus on sustainability and impact...

08 July 2021
in
Renewable energy, Traditional energy

BlackRock's Climate Finance Partnership pulls investor commitments

A consortium of 10 investors – which includes government-backed institutions, institutional investors, the Quadrivium Foundation and the Grantham Environmental...

08 July 2021
in
Manufacturing, Traditional energy

NIB lends to Varanger Ring project

Norwegian regional utility Varanger Kraft has raised a NOK235 million ($26.81 million) seven-year loan from Nordic Investment Bank (NIB) to part finance its NOK625...

08 July 2021

AfDB approves FCMB loan

Nigeria-based First City Monument Bank (FCMB) has had a $50 million loan approved by the AfDB. The funding will be on-lent to local enterprises and women-empowered...

08 July 2021
in
Renewable energy

GCF adds to AfDB's LEAF budget

The Green Climate Fund (GCF) has approved $170.9 million in financing for African Development Bank’s (AfDB) Leveraging Energy Access Finance Framework (LEAF)...

08 July 2021
in
Waste and water

Jordan gets KfW backing for water programmes

The Jordanian government has signed four development aid agreements with KfW totalling €89 million, including €15 million in grants and €74 million in soft...

08 July 2021
in
Renewable energy, Traditional energy

EC approves renewables funding for Lithuania

The European Commission has approved Lithuania’s €2.2 billion recovery plan, which includes a €242 million investment in renewable energy under the...