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24 March 2023
in
Traditional energy

Syrdarya II project loan signed

Lenders have signed the loan agreements for Enersok's Syrdarya II 1580MW CCGT project located in Syrdarya region, Uzbekistan.The $805 million of project debt...

23 March 2023
in
Waste and water

Resonance expands water investment strategy

Resonance Asset Management has announced an expansion in the scope of its industrial water infrastructure investment strategy.The mandate will expand beyond developing...

23 March 2023
in
Traditional energy

Unique Meghnaghat loan signed

Unique Meghnaghat Power (UMPL) – a joint venture between Unique Hotel and Resorts (51%) (UHRL); GE Capital Global Energy Investments (20%); Nebras Power Investment...

23 March 2023
in
Social infrastructure

JICA to provide tech assistance in developing rail sites

The Philippines’ Bases Conversion and Development Authority (BCDA) has signed an agreement with JICA for technical assistance in developing sites along the PHP500...

23 March 2023
in
Renewable energy

Akfen Enerji IPO reaches $3.9bn after acquisition from IFC, EBRD

Akfen Holdings has acquired 33% of the shares of Akfen Yenilenebilir Enerji from EBRD and IFC, giving Akfen 100% ownership of its renewable subsidiary. The renewables...

23 March 2023

Lisa Rosen named new VP of ethics at World Bank

The World Bank has created a Vice Presidency for ethics and international justice and appointed Lisa Rosen to the new role.Rosen, who is currently the chief compliance...

23 March 2023
in
Waste and water

EIB, EBRD, EU grant wastewater treatment in North Macedonia

EIB has signed a €70 million EU investment grant for a wastewater treatment plant in North Macedonia.The plant will be built in Skopje, and marks the largest EU...

23 March 2023
in
Climate finance

MDBs syndicate $150m blue loan for Bank of Qingdao

IFC, ADB, DEG and Proparco have syndicated a $150 million blue loan for Bank of Qingdao (BQD), with White & Case advising. The transaction aims to pave the way...

23 March 2023
in
Agriculture/food chain

NIB lends €45m to Lantmannen for R&D

NIB has provided a €45 million seven-year loan to Lantmannen Ekonomisk Forening to co-finance its research and development expenditures.The Swedish agricultural...

23 March 2023

Egypt becomes member of NDB

Egypt has officially become a member of BRIC's New Development Bank (NDB), a multilateral comprising India, Brazil, Russia, China and South Africa as its member...

23 March 2023
in
Renewable energy

EIB finances He Dreiht offshore wind farm

EIB is supporting the construction of the He Dreiht offshore wind farm with a €600 million ($648 million) loan for the German utility EnBW.The wind farm in the...

23 March 2023
in
Social projects

Etana secures financing from DEG and other global investors

Etana, an Indonesian biopharmaceutical company, has secured a new round of investment led by DEG followed by Yunfeng Capital, HighLight Capital and East Ventures.This...

23 March 2023

IFC invests $30m in JK Tyre & Industries

IFC has invested $30 million in JK Tyre & Industries to finance the expansion of manufacturing capacities in production of commercial and passenger radial tyres.A new...

22 March 2023
in
Waste and water

EBRD, IFC support seawater desalination and renewables in Egypt

EBRD and IFC are working with The Sovereign Fund of Egypt for Investment and Development and the Egyptian Government to support the preparation and procurement of four...

22 March 2023
in
Agriculture/food chain, Renewable energy

Mongolia's Khan Bank taps debut green bond

The largest commercial bank in Mongolia — Khan Bank — tapped a 5-year $60 million green bond this month. The deal, led by IFC along with two recent syndicated...

22 March 2023
in
Finance and other

Afreximbank enhances Fidelity Bank facility to $180m

Afreximbank has enhanced the financing facility provided to Nigeria's Fidelity Bank under the Afreximbank Trade Facilitation Programme.The decision to increase...

22 March 2023
in
Finance and other

ITFC supports Afreximbank Trade Facilitation Programme

Afreximbank is collaborating with the ITFC in a risk participation facility designed to enhance Afreximbank's ability to promote and support trade finance activities...

22 March 2023
in
Social infrastructure

China firm wins tender to redevelop Solomon Islands port

The Solomon Islands has awarded a multi-million-dollar contract to a Chinese state company to upgrade an international port in Honiara in a project funded by the Asian...

22 March 2023
in
Traditional energy

EBRD provides €37m for energy security in Romania

EBRD is supporting energy security in Romania by lending €37 million ($39.7 million) to Distributie Energie Electrica Romania (DEER).The bank’s investment will...

22 March 2023
in
Agriculture/food chain

ADB supports agribusiness in Mongolia

ADB has approved a $448 million to support Mongolia's Aimags and Soums Green Regional Development Investment Program.The program will promote a transformative model...

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