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28 February 2018
in
Renewable energy

Kosava wind reaches financial close

MK Fintel Wind – a joint venture between MK Group (46%) and Fintel Energia Group (54%) – has reached financial close on the €117 million ($143 million)...

28 February 2018

EBRD financing rises to €9.7bn in 2017 but net profit drops

European Bank for Reconstruction and Development financing rose to €9.7 billion in 2017, from €9.4 billion in 2016. The number of individual EBRD projects in...

28 February 2018

AIIB agrees loan to help Bangladesh address power shortages

The Asian Infrastructure Investment Bank has approved a loan of up to $60 million for a project to increase power generation capacity in Bangladesh and help the country...

28 February 2018

CDB, UBA sign $100m loan deal to support SMEs in Africa

China Development Bank (CDB) and United Bank for Africa have signed a $100 million seven-year loan deal to finance the development of small and medium-sized...

27 February 2018
in
Renewable energy

ARENA CEO to step down in August

Ivor Frischknecht has decided not to seek a third term as CEO of the Australian Renewable Energy Agency and will step down in August when his current term ends.

27 February 2018

EBRD and IFC boost retail sector in Western Balkans

The European Bank for Reconstruction and Development and International Finance Corporation have agreed €164 million in loans to the investment firm Hystead to boost...

27 February 2018

DBRB export loans hit new high in 2017

The Development Bank of the Republic of Belarus (DBRB) issued 2.4 times more export loans in 2017 than 2016. It sealed a total of 21 export loan agreements worth Br415.8...

26 February 2018
in
Social infrastructure

EBRD finances development of Montenegro's main port

The European Bank for Reconstruction and Development is providing a loan of €20 million to support the development of Port of Bar, Montenegro's main sea port....

26 February 2018

EBRD offers massive expansion of motorways in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) is offering a massive increase in its support for the development and modernisation of the road infrastructure...

26 February 2018
in
Renewable energy

Equis Energy reaches financial close on 72MW Tolo 1 wind farm

Singapore-based Equis Energy has reached financial close on the 72MW Tolo 1 wind farm proposed for Jeneponto, in Indonesia's South Sulawesi province. The announcement...

26 February 2018

NIB and Sydbank seal SME financing deal in Denmark

Nordic Investment Bank and Sydbank have signed a €20 million cooperation agreement to jointly finance small and medium-sized enterprises and mid-cap companies in...

26 February 2018

ADB agrees $84m loan for water projects in Bihar

The Asian Development Bank has signed an $84 million loan agreement to finance water supply projects in Bhagalpur and Gaya, Bihar, India. The 25-year loan will finance...

26 February 2018
in
Traditional energy

EBRD finances Romania's section of regional gas pipeline

The European Bank for Reconstruction and Development (EBRD) is providing a €60 million loan to Romania's Transgaz for the construction of a new gas pipeline...

26 February 2018
in
Renewable energy

Montenegro to buy part of transmission infrastructure of Krnovo wind farm

Montenegro's government has approved the acquisition of part of the transmission infrastructure of the country's only wind farm, in Krnovo, by power grid operator...

23 February 2018
in
Renewable energy

ADB, B.Grimm Power expand support for renewable energy in ASEAN

The Asian Development Bank has signed a loan equivalent of up to $235 million with Thailand's B.Grimm Power to develop and enhance renewable energy capacity in member...

23 February 2018

World Bank may refinance Uganda's Bujagali hydropower project

The World Bank is considering a refinancing package for the controversial Bujagali hydropower project in Uganda - a 250MW hydropower station built on the River Nile -...

23 February 2018
in
Mining

EDB to invest €196.9m in Bogatyr Komir project

The Eurasian Development Bank (EDB) and Kazakh mining group Bogatyr Komir signed a €196.6 million loan agreement to finance the modernisation of coal production...

22 February 2018
in
Social infrastructure

Almaty Ring Road PPP nearer to realisation

The heavily DFI-backed Almaty Ring Road (BAKAD) PPP project in Kazakhstan has reached commercial close – 16 years since first being approved by the Kazakh...

22 February 2018
in
Social infrastructure

IWAI appoints KPMG to advise on Jal Marg Vikas Project

The Inland Waterways Authority of India (IWAI) has appointed KPMG to develop an asset management and operation framework for capacity augmentation of navigation on the...

22 February 2018

Port of Rotterdam signs agreement for waste-to-chemical facility

A consortium of Air Liquide, AkzoNobel Specialty Chemicals, Enerkem and the Port of Rotterdam have agreed to develop a €200-million waste-to-chemistry facility in...