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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)...

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...