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17 October 2019
in
Waste and water

EIB helps to improve sanitation and sewerage systems in Belgrade

The European Investment Bank (EIB) has agreed a €35 million loan to the City of Belgrade to finance the sewerage system and a wastewater treatment plant in the...

17 October 2019

World Bank prices new $2bn ten-year Benchmark Global

The World Bank has priced a new $2 billion ten-year global benchmark bond maturing 23 October, 2029.The transaction was priced with a final spread of 12.2 basis points...

17 October 2019
in
Social infrastructure

European lenders to agree $200m loans for Kenyan bus project

The European Investment Bank, European Union and the Agence Francaise de Developpement are set to lend up to €200 million ($221.4 million) for a proposed bus rapid...

16 October 2019
in
Renewable energy

Channel Island tidal pilot project secures EU funds

The €46.8 million ($51 million) Tidal Stream Industry Energiser Project (TIGER) has secured €28 million from the European Regional Development Fund through its...

16 October 2019

Concerns as EIB balks at plan to halt fossil fuel investments

The European Investment Bank (EIB) has balked at a proposal to halt new investments in fossil fuels, raising concerns that Germany and other nations are plotting to water...

16 October 2019
in
Mining

EBRD loan supports Khundii Gold project in Mongolia

The European Bank for Reconstruction and Development is providing a $5 million convertible loan to the Erdene Resource Development Corporation of Canada, which is active...

16 October 2019

World Bank: Renaud Seligmann new Country Director for Russia

Renaud Seligmann has been appointed World Bank Country Director for Russia.He joined the bank in 2007 as a Senior Financial Management Specialist in the Africa Region. He...

15 October 2019
in
IT and telecoms, Renewable energy, Social infrastructure, Traditional energy, Waste and water

Scotland launches £3bn Green Investment Portfolio

The Scottish Government has launched a call for projects to feature in its first £3 billion Green Investment Portfolio and contribute towards the country's...

15 October 2019

World Bank, IFC, MIGA help finance Afghanistan energy projects

The World Bank has approved a $98.8 million financing package - comprising a mix of guarantees, a loan, and swaps - for two gas-to-power energy projects in...

15 October 2019
in
Renewable energy

EBRD considers $60m investment in Infinity Energy

The European Bank of Reconstruction and Development is considering investing $60 million in renewables developer Infinity Energy, a subsidiary of Egyptian conglomerate...

14 October 2019
in
Social infrastructure

IDB Invest supports Rutas del Este 2 and 7 road financing

IDB Invest has granted a $200 million financial package to Concesionario Rutas del Este – a consortium comprising Sacyr Concesiones (60%) and Ocho A (40%) –...

14 October 2019

AfDB launches green fund and bank study

The AfDB, in partnership with Climate Investment Funds, has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation of national climate...

14 October 2019
in
Social infrastructure

IBRD backs Uttar Pradesh roads programme

The Uttar Pradesh government has raised a $400 million IBRD loan for its UP Core Road network development project – a scheme to upgrade and strengthen 500 km of...

14 October 2019
in
Renewable energy

Equinor makes FID for Hywind Tampen floating wind project

Equinor and its Snorre and Gullfaks partners have made their final investment decision for the Hywind Tampen offshore wind farm located 140km off the coast of Norway....

14 October 2019

Guinea joins Lusophone Compact

Equatorial Guinea has joined the Lusophone Compact, a joint initiative by the AfDB and government of Portugal to accelerate private sector development in...

11 October 2019
in
Renewable energy, Traditional energy

ARENA backs remote island solar hybrid project

A solar and storage project designed to replace diesel generation on the Lord Howe Island has been announced by the Australian Renewable Energy Agency (ARENA). The island...

11 October 2019

EIB approves loan for second phase of RCSI campus project

The EIB has agreed to[ provide a €40 million loan for second phase of The Royal College of Surgeons' RCSI campus project at St Stephen's Green in Dublin. An...

11 October 2019

IADB launches inaugural GBP Sustainable Development Bond

The Inter-American Development Bank has priced a new £275 million seven-year fixed rate Sustainable Development Bond.Citi, J.P. Morgan, NatWest Markets were joint...

11 October 2019

NIB issues $1bn three-year global benchmark

Nordic Investment Bank has priced a new global $1 billion benchmark issue. The transaction is the bank’s tightest ever three-year USD benchmark, and had a...

11 October 2019

ADB prices $3bn five-year global benchmark bond

The Asian Development Bank has prices a $3 billion five-year global benchmark bond issue.The transaction was lead-managed by Bank of America Merrill Lynch, Citi, Daiwa...