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04 April 2017

$10bn railway across South America discussed

A $10 billion project to build a coast-to-coast railway through Brazil, Bolivia and Peru which would speed up the export of corn and soybeans to Asia is being discussed....

04 April 2017

EBRD strikes infrastructure pact with NBD

The European Bank for Reconstruction and Development (EBRD) and New Development Bank (NBD) have signed an agreement to work together on sustainable development and...

03 April 2017

Opportunity of the day: Solar power plants with total capacity of 750MW

India's National Thermal Power Corporation (NTPC) has floated a fresh tender to appoint an EPC contractor for a 750MW solar power project to be developed at the...

03 April 2017

Lives and Livelihoods Fund approves $242 million MENA funds

Projects in 8 MENA countries are the beneficiaries of the initial funding.  The LLF pools grants with Islamic Development Bank finance to increase its impact....

03 April 2017

Funding allocated to strategic road developments in Tanzania

A $425 million World Bank loan will fund transport improvements in the capital Dar es Salaam while Chinese constructor CCECC is committed to the $84 million Ubungo...

03 April 2017

Federal funding for C$8·5bn GO Transit Regional Express Rail project

Canadian Prime Minister Justin Trudeau announced a C$1.8 billion injection into the Toronto-based project from the New Building Canada Fund. The project that will...

03 April 2017

Lekoil and GE sign MoU for Nigerian oilfield development

The initial development cost is expected to be $400 million with a further $600 million towards subsequent upstream gas field development. GE Oil & Gas will...

03 April 2017

John Holland chosen for A$5.5 billion West Gate Tunnel project

John Holland and joint venture partner CPB Contractors have been chosen for the extensive road improvement project for Melbourne.  Work includes two tunnels, a...

03 April 2017

CEFC commits A$80 million to 113MW Bodangora wind farm project

Clean Energy Finance Corporation financing supports the A$236 million development near Wellington, NSW. EnergyAustralia will purchase 60% of the output with the...

03 April 2017

China Three Gorges reaches close on $1.7bn Karot hydro project

The 720MW 30-year concession is the first foreign investment by the Silk Road Fund as part of the One Belt One Road initiative. The China Development Bank, Export-Import...

03 April 2017

Enel signs $30m IIC loan for Cerro Pabellon geothermal project

The Inter-American Investment Corporation (IIC) loan facility will finance drilling costs for the Enel Green Power Chile project. The Atacama Desert scheme consists of...

03 April 2017

Quad Gas closes on National Grid gas distribution stake

Infrastructure investors Quad Gas Group reached financial close on the acquisition of a 61% stake in National Grid's four English gas distribution networks. The...

31 March 2017

Pakistan slackens rules to award China 300MW Gwadar power project

China Communication Construction Company been the beneficiary of a Cabinet decision which allows it to develop the coal-based power plant in the...

31 March 2017

Bids in for $2.7 billion Mumbai Trans Harbour Link

Companies from China, Japan and South Korea have submitted bids for the EPC contract to build the 22km-long 6 lane bridge. JICA is to provide 85 per cent of the funding...

31 March 2017

Governor seeks Presidential support for Alaska LNG

The state Governor is suggesting a federal tax exemption and a federal loan guarantee for a $45 billion gas pipeline development.  The project proposes transporting...

31 March 2017

Woodside favours pipeline for offshore Browse LNG

A subsea pipeline connection to the Karratha Gas Plant is preferred over a FLNG facility. The North West Shelf Development project is located 425km off the coast of...

31 March 2017

European funding underpins 200MW Gulf of Suez wind project

Egypt and the EIB have signed a €115 million loan agreement for construction of the 100-turbine onshore wind farm.  KfW financed a €72 million loan that...

31 March 2017

Federal funding sought for proposed €204 million Oberau tunnel

The South German town is proposing a 3km tunnel to connect a local road link with the B2 route. Traffic is currently directed through the town centre...

31 March 2017

South Australia commits $110 million towards Port Augusta solar project

The government is set to provide a $100 million loan at 3 per cent to a renewable project in Port Augusta as a sweetener in last minute negotiations with...

31 March 2017

Japan resumes lending to Iraq with $480 million for power project

JBIC, MUGJ and Sunitomo Mitsui have come together to co-finance a project that relies on Japanese equiptment. The 32 million yen JBIC loan is not from official...