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08 May 2018

FMO pitches first Honduran currency-linked offshore note

Dutch development bank FMO, in partnership with The Currency Exchange Fun), has issued the first Honduras Lempira-linked note in the off-shore market for a notional...

08 May 2018
in
Renewable energy

EBRD finances largest solar power plant in Mongolia

The European Bank for Reconstruction and Development, together with Triodos Investment Management and Dutch development bank FMO are providing a €31.6 million...

08 May 2018

IFC, Korea boost support for infrastructure, PPPs in emerging markets

The International Finance Corporation and the government of Korea, have signed an agreement - the Korea-IFC Partnership Program - to increase IFC's advisory services,...

08 May 2018

IFC proposes $120m loan to trader Olam

The International Finance Corporation has proposed a debt investment of $120 million in Singapore-based commodities firm Olam International. The proposed loan will...

04 May 2018

India eyes increased lending from ADB

India’s Economic Affairs Secretary Subhash Chandra Garg met with Asia Development Bank (ADB) president Takehiko Nakao today to discuss increased lending from the...

04 May 2018

AIIB and ADB in talks over collaboration

The Asian Development Bank (ADB) and the China-led Asian Infrastructure Investment Bank (AIIB) are said to be talking of collaboration according to Thierry de Longuemar,...

04 May 2018
in
Renewable energy

Ormat signs $125m financing with OPIC for Honduras geothermal project

Ormat Technologies has signed a financing agreement with the Overseas Private Investment Corporation (OPIC) for a non-recourse project finance loan totaling $124.7...

04 May 2018
in
Social infrastructure

Alstom selected for Grand Paris Express rolling stock contract

Alstom has been selected as preferred bidder for a contract to supply around 1000 driverless metro cars for the Grand Paris Express metro network. The decision was...

03 May 2018
in
Social infrastructure

Quito Line 1 gets further $250m from IADB

Empresa Publica Metropolitana Metro De Quito has raised another $250 million 25-year loan from the Inter-American Development Bank (IADB) to fund works on the $1.6...

03 May 2018

ADB, UK launch fund to improve trade, connectivity in APAC

The Asian Development Bank and the UK's Department for International Development (DFID) have launched the Asia Regional Trade and Connectivity Fund. DFID will provide...

03 May 2018

World Bank agrees $180m loan guarantee for Kenya's energy sector

The World Bank has approved a $180 million loan guarantee for Kenya Electricity Generation Company. The guarantee will help in long-term commercial financing of up to...

02 May 2018
in
Social infrastructure

IADB and CAF finance $560m Transchaco road project in Paraguay

Loans totalling $560 million have been secured to finance rebuilding work on the Transchaco road in Paraguay. CAF is providing a $400 million loan, and the...

02 May 2018
in
Agriculture/food chain

FMO, Proparco finance production of green energy from sugar residue in Uganda

France's Proparco and Dutch development bank FMO have provided financing to Ugandan sugar manufacturing group SCOUL to fund a new 26MW cogeneration power plant....

01 May 2018

Pinelopi Koujianou Goldberg is new World Bank Chief Economist

Pinelopi Koujianou Goldberg has been appointed as Chief Economist at the US-headquartered World Bank Group. She is Vice-President of the American Economic Association and...

01 May 2018
in
Social infrastructure

EIB agrees €150m loan for Bosnia and Herzegovina motorway

The European Investment Bank has signed two loans totalling €150 million for the construction of a motorway through Bosnia and Herzegovina. The loans will finance...

01 May 2018

IsDB considers debut euro-denominated sukuk

Saudi Arabia's Islamic Development Bank (IsDB) has hired banks to explore the possibility of a euro-denominated sukuk issue. It would represent the bank's first...

01 May 2018

Bancomext seeks to boost ties with EIB and Atradius

Mexico's Bancomext is in talks to secure a €100 million line of credit from the European Investment Bank (EIB) to support the country's exporters. Bancomext...

30 April 2018
in
Renewable energy

Forestalia signs EIB debt for Spain’s first zero-subsidy wind project

Spanish renewables developer Forestalia has signed the DFI-backed portion of the €170 million ($205 million) of project debt backing the construction of the 300MW...

30 April 2018
in
Renewable energy

Largest solar farm in Texas reaches financial close

Solar developer 174 Global Power has closed a $195 million DFI-backed facility to finance the 182MW Midway solar project – the largest solar project in...

30 April 2018
in
Traditional energy

ENH hires advisors for $2bn gas projects refinancing

Mozambique’s national oil company Empresa Nacional de Hidrocarbonetos EP (ENH) has hired two advisers for the $2 billion fund raise to...