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03 December 2020
in
Manufacturing, Traditional energy

€190m EIB loan finances CEPS transmission network project

The European Investment Bank has signed a CZK5 billion loan (€190 million) with CEPS, the state-owned Czech Transmission System Operator. The project will...

03 December 2020

IFC appoints new country manager for the Philippines

The International Finance Corporation has appointed Jean-Marc Arbogast as the new Country Manager for the Philippines. He will be based in Manila.Arbogast most recently...

02 December 2020
in
Mining

Thor announces financial close of Segilola Gold Project finance facility

Canada-based Thor Explorations subsidiary Segilola Resources Operating Limited has completed the financial closing of the $54 million project finance senior debt facility...

02 December 2020
in
Renewable energy

EIB issues €300m financing for Siemens Gamesa’s RDI

The European Investment Bank will provide €300 million ($361.4 million) to Siemens Gamesa Renewable Energy, a Spanish manufacturer of wind turbines, to implement its...

02 December 2020
in
Renewable energy, Traditional energy

NIB finances hydropower plant upgrades and small-scale plant in Finland

The Nordic Investment Bank and Finnish Kuurnan Voima Oy have signed a €10 million (about $12 million) loan for the refurbishment of a hydropower plant and for the...

02 December 2020

EC approves changes to Bulgarian Development Bank COVID-19 scheme

The European Commission has approved changes to the Bulgarian Development Bank guarantee programme to support businesses hit by the COVID-19 pandemic. The approved...

02 December 2020

EBRD offers €82m loan for Montenegro's Gvozd wind farm

Montenegro's power utility Elektroprivreda Crne Gore (EPCG) has received a non-binding loan offer of up to €82 million ($99 million) from the European Bank for...

02 December 2020
in
IT and telecoms

IFC reviews Guondong mobile network expansion deal

The IFC is reviewing a financing to Guodong Network Communication Group - China’s largest privately owned independent tower company - to roll out a $145 million...

02 December 2020
in
Renewable energy

FMO supports green energy projects in Chad

Dutch development bank FMO signed a €500,000 (about $602,595) convertible note to ZIZ Energie, a privately-owned integrated power company in Chad.The investment is...

02 December 2020
in
Waste and water

IFC supports Dhaka's first PPP wastewater management project

The industrial city of Gazipur, near Dhaka, will develop a wastewater and sludge treatment system with private sector participation in two of its urban zones, in a...

02 December 2020
in
Renewable energy

IDB Invest issues fourth bond to finance solar PV plants in Uruguay

IDB Invest has provided a $28.1 million financing with a 20-year term for the refinancing of the Natelu and Yarnel photovoltaic solar plants in Uruguay. The financing...

02 December 2020
in
Manufacturing, Renewable energy, Traditional energy

EBRD presents Green TFP awards

The European Bank for Reconstruction and Development has recognised the most successful banks under its Green Trade Facilitation Programme with awards for their...

02 December 2020
in
Waste and water

$60m EIB loan backs improved water supply and sanitation in Ecuador

The European Investment Bank has agreed a $60 million loan to finance the development of drinking water and sanitation networks in the Portoviejo region in...

01 December 2020

AFD Group mobilizes additional €1bn under Choose Africa initiative

France's AFD Group has committed to mobilize an additional €1 billion under the Choose Africa initiative. This new component, Resilience, is implemented by...

01 December 2020
in
Waste and water

AFD helps finance drinking water project in Chad

Agence Française de Développement and the European Union are financing a project in the Chad capital of N’Djamena to rehabilitate and extend the...

01 December 2020
in
Manufacturing, Traditional energy

ADB approves $430m financing for Uttar Pradesh power supply project

The Asian Development Bank has approved a $430 million multitranche financing facility to improve the quality and reliability of electricity supply in Uttar Pradesh,...

01 December 2020
in
Social infrastructure

World Bank approves $105m project to improve waterways in West Bengal

The World Bank has approved a $105 million project to improve the inland water transport infrastructure in the capital city of Kolkata in West Bengal.The West Bengal...

01 December 2020
in
Social infrastructure, Waste and water

EIB helps finance hospital expansion project in The Netherlands

The European Investment Bank has signed a €70 million loan with Tergooi hospital, in Hilversum, The Netherlands, to help the construction of a new hospital building...

01 December 2020
in
Renewable energy, Traditional energy

NIB supports environmental projects in Sweden

The Nordic Investment Bank and Swedish Sparbanken Alingsås AB have signed a €29.3 million loan agreement for on-lending to environmental projects and small and...

01 December 2020

Atriva: The mechanics of a COVID drug financing

A recent €24 million venture debt financing by the EIB will support the development and testing of Atriva’s ATR-002 antiviral therapeutic. How does the deal's structure...