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19 December 2019
in
Agriculture/food chain

AfDB approves $60m loan to support Elnefeidi Group’s agricultural expansion

The African Development has approved a $60 million loan to Sudan's Elnefeidi Group Holding Company to help finance its long-term agriculture and food expansion...

18 December 2019
in
Manufacturing, Traditional energy

NIB finances electricity distribution capacity in Norway

The Nordic Investment Bank and Norwegian electricity power company Eidsiva Energi have signed a ten-year loan agreement of NOK800 million (€79 million) for...

18 December 2019
in
Waste and water

AfDB finances wastewater treatment project in Upper Nile

The African Development Bank has approved a €109 million facility for the development of sewage disposal and wastewater treatment plants for rural areas in Luxor...

18 December 2019
in
Renewable energy, Traditional energy

AfDB's SEFA supports solar-hydro hybrid project in Burundi

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $990,000 grant to support the preparation of a 9MW solar-hydro hybrid...

18 December 2019
in
Renewable energy, Traditional energy

ADB investing over $1bn to help Pacific's renewable energy transition

The Asian Development Bank (ADB) will invest over $1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve...

18 December 2019

AIIB invests $500m in Chinese air quality project

The Asian Infrastructure Investment Bank (AIIB) is investing $500 million to support China’s efforts to transition to a lower-carbon energy future. The...

18 December 2019
in
Traditional energy

Bridge Power nears close on multi-sourced debt package

Early Power – a joint venture between Endeavor Energy, Sage Trading Group, and General Electric (GE) – is imminently expected to reach financial close on the...

18 December 2019

EIB agrees €30m credit line for SMEs in Bosnia and Herzegovina

The European Investment Bank will provide €30 million to Intesa Sanpaolo Bosnia and Herzegovina for a credit line tailor-made for local SME and midcaps in industry,...

17 December 2019

Chris Wade named as new CEO of NAIF

Chris Wade has been appointed as Chief Executive Officer of the Northern Australia Infrastructure Facility (NAIF), effective January 20. He replaces NAIF's first CEO...

17 December 2019
in
Social infrastructure

RRIF Express infra funding launched for rural US rail freight

The US Department of Transportation is opening an application window for short line & regional railroad operators to apply for funding under the Railroad...

17 December 2019
in
Social infrastructure

KfW IPEX leads financing for battery-powered electric multiple units

Germany's KfW IPEX-Bank - as mandated lead arranger - together with Nord/LB and Deutsche Kreditbank AG, is finacing 11 new battery-powered electric multiple units for...

17 December 2019
in
Renewable energy, Traditional energy

Tina River hydro closes ECA/DFI-backed loan

Sponsors of the 15MW Tina River hydropower project in the Solomon Islands – state-owned Korea Water Resource Corporation and Hyundai Engineering Corporation (HEC)...

17 December 2019
in
Mining

Prospect Resources: Afreximbank to arrange $143m Arcadia lithium project financing

Prospect Resources has appointed the African Export-Import Bank (Afreximbank) to arrange and manage the primary syndication of a $143 million project finance debt...

17 December 2019
in
Mining

Kinross signs $300m loan for Tasiast gold mine

Canada's Kinross Gold has announced that its wholly-owned subsidiary, Tasiast Mauritanie, has signed a loan deal for up to $300 million for its Tasiast operation in...

17 December 2019
in
Traditional energy

Petrobras repays $5bn CDB loan due in 2027

Brazil's state-run oil company Petrobras has paid back a $5 billion loan from China Development Bank that was due in 2027, the company said in a securities filing.The...

17 December 2019
in
Renewable energy, Traditional energy

NIB and BSTDB sign €50m green projects loan

The Nordic Investment Bank and the Black Sea Trade and Development Bank (BSTDB) have agreed a €50 million loan to finance sustainable investments in the Black Sea...

17 December 2019

World Bank approves $88m project to help modernize Assam waterways

The World Bank has approved an $88 million loan to help modernize Assam’s passenger ferry sector that runs on its rivers, including the Brahmaputra. The...

17 December 2019
in
Manufacturing, Traditional energy

NIB finances electricity distribution network project in Latvia

The Nordic Investment Bank and the Latvian power utility group Latvenergo AS have signed a 15-year loan agreement of €100 million to finance the company's...

16 December 2019
in
Renewable energy, Traditional energy

The Solomon Islands secures $200m for Tina River hydro PPP

The Solomon Island government has secured $200 million to build the Tina River Hydropower project 20km outside the capital of Honiara. The dam, reservoir and 15MW...

16 December 2019
in
Traditional energy

Java 3 gas-fired plant to close late 2020

Marubeni Corporation is expected to reach financial close on a ECA/DFI-backed loan in Q4  2020 to finance the 800MW Java 3 gas-fired independent power project (IPP)...