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16 December 2019
in
Renewable energy

Bajgora wind project gets EBRD backing

The 105MW Bajgora wind farm in the northern part of Kosovo, has been awarded a €58 million ($64.64 million) loan by the EBRD. The loan makes up half the financing...

16 December 2019
in
Social infrastructure

Zagreb approves $80m loan for ZET cable car project

The city government of Croatia's capital Zagreb has approved a loan of HRK537 million ($80 million) from four domestic banks to the public transport company Zagreb...

16 December 2019
in
Renewable energy, Traditional energy

KfW backs Capljina HPP upgrade

The Government of the Federation of Bosnia and Herzegovina is guaranteeing a €15 million ($16.5 million) 15-year (inclusive of five-year grace period) loan from KfW...

13 December 2019

Nam Dinh 1 debt signing imminent

ACWA Power and Taekwang Power are expected to sign a $1.9 billion Sinosure-backed loan next week to finance construction of the $2.52 billion 1.2GW Nam Dinh 1 coal-fired...

13 December 2019
in
Social infrastructure

ADB agrees $200m loan to support Philippine's Build, Build, Build program

The Asian Development Bank has approved a $200 million loan to help the Philippine government prepare and implement major infrastructure projects under its flagship...

13 December 2019
in
Renewable energy

EIB finances 96MW wind farms in Portugal

The European Investment Bank is providing €45 million to Eólica da Linhato to build three wind farms in Portugal. The farms have a total nominal capacity...

13 December 2019
in
Mining, Renewable energy, Traditional energy

Egyptian wealth fund to tempt investors with state asset sale

The newly formed Sovereign Fund of Egypt plans to take control of some of the government’s most promising assets and bring in private investors to develop them. The...

13 December 2019
in
Renewable energy

Wpd closes on Chile wind project funding

Wpd has raised a $443 million 19-year loan from CaixaBank and KfW to finance construction of three wind projects in Chile. The two banks have fully underwritten the...

13 December 2019
in
Renewable energy, Traditional energy

Meridiam, EDF and Biokala win biomass concession

EDF, Meridiam and Biokala (a subsidiary of SIFCA Group), through their joint venture BIOVEA Energie, have signed a 25-year DBFOM contract with the Cote d’Ivoire...

13 December 2019
in
Social infrastructure

BNDES and KfW sign sustainable transport MoU

BNDES and KfW have signed a memorandum of understanding (MoU) at COP 25 in Madrid to work on the implementation of sustainable urban transport systems. BNDES and KfW will...

13 December 2019
in
Social infrastructure

NIB funds new trolleybuses in Kaunas, Lithuania

The Nordic Investment Bank and the Lithuanian public transportation company UAB Kauno Autobusai have signed a €17.5 million loan agreement for the company’s...

13 December 2019

CDC Group makes $36m equity investment in Ecom Express

UK development finance institution CDC Group has closed a $36 million equity investment in Warburg Pincus-backed Ecom Express, an Indian tech-enabled end to end logistics...

13 December 2019
in
Renewable energy, Traditional energy, Waste and water

EIB agrees €8.1bn in new global climate action financing

The European Investment Bank has approved €8.1 billion of new financing for climate action, sustainable development, health, and education investment across Europe...

12 December 2019
in
Renewable energy, Traditional energy

India targets $100m fund for green energy finance

India's Ministry of New and Renewable Energy (MNRE) has announced that its Indian Renewable Energy Development Agency (IREDA) is planning to set up a dedicated...

12 December 2019
in
Social infrastructure

€45m EBRD loan upgrades transport services in Tunis

The European Bank for Reconstruction and Development has agreed a €45 million loan to Société des Transports de Tunis (Transtu) to improve transport...

12 December 2019
in
Renewable energy

EIB, Natixis co-finance nine solar power plants in Spain

The European Investment Bank has agreed to provide €66 million to Natixis to support the implementation of two photovoltaic solar energy projects in SpainFirstly,...

12 December 2019

EBRD contributes €50m to Denizbank syndicated loan

The European Bank for Reconstruction and Development is joining a group of international lenders in a syndicated loan to Turkey's Denizbank.The syndicate includes 45...

12 December 2019
in
Waste and water

ADB approves green financing for river restoration project

The Asian Development Bank (ADB) has approved a $100 million loan for the Anhui Huangshan Xin’an River Ecological Protection and Green Development Project in China....

12 December 2019
in
Agriculture/food chain

EBRD helps finance grain storage infrastructure in Ukraine

The European Bank for Reconstruction and Development has agreed a €10 million loan to Ukraine’s Grain Alliance Group to finance the expansion of the...

12 December 2019
in
Traditional energy

EBRD LoC helps Moldova secure winter gas supplies

The European Bank for Reconstruction and Development has agreed to issue an on-demand, standby letter of credit (LoC) of up to $50 million to guarantee payment...