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30 November 2018

ICD signs $20m financing deal for Bangladesh sugar refinery

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IsDB) Group, signed an Islamic financing...

30 November 2018

EXIM Thailand opens office in Vientiane

Export-Import Bank of Thailand (EXIM Thailand) has officially opened its representative office in Vientiane, Laos. Thailand ranks first as source of the nation's...

30 November 2018

Puerto Rico completes first restructuring of development bank debt

Puerto Rico concluded a US bankruptcy court-approved restructuring of its Government Development Bank debt, marking its first consensual deal with creditors under a...

29 November 2018
in
Renewables

OPIC commits debt to CrossBoundary Energy PV projects

OPIC has committed $6 million in debt to CrossBoundary Energy, a sub-Saharan investment fund for commercial and industrial solar. The OPIC loan will...

29 November 2018
in
Renewables

TANGEDCO launches 500MW solar PV tender

Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has launched a 500MW grid-connected solar photovoltaic auction. The upper tariff ceiling is fixed at...

29 November 2018
in
Waste and water

Manila Water wins two new PPP concessions

Manila Water has been awarded two new water DBFOM projects in Iloilo province. The two separate PPP concessions are for water supply systems for Lambunao Water...

29 November 2018
in
Transport

€195m EIB loan finances ports projects in Rome and Lazio

The European Investment Bank is supporting the development of the Ports of Rome and Lazio with a €195 million, equal to almost 40% of the local Port Authority's...

29 November 2018
in
Oil & gas, Power

Six oil majors to study feasibility of UK carbon capture project

BP, Italy’s Eni, Norway’s Equinor, Houston-based Occidental Petroleum, Royal Dutch Shell and France’s Total have formed a strategic partnership to carry...

29 November 2018
in
Metals and Mining, Transport

Adani to go ahead with scaled down Carmichael mine and rail project

The chief executive officer of Adani Mining has said that the Carmichael coal mine in central Queensland has the finance in place and is ready to proceed. The mine will...

29 November 2018
in
Power, Renewables

Sindh government to set up grid company

The Energy Minister of the Pakistani province of Sindh has announced that the government is to set up its own grid company to deal with transporting the output from wind...

29 November 2018
in
Power

First State fund buys stake in Estonian energy firm OU Utilitas

European Diversified Infrastructure Fund II (EDIF II), managed by First State Investments, has bought an 85% stake in Estonian heating network operator...

29 November 2018
in
Renewables

KSEB's 200MW solar solicitation approved for Kerala

Kerala State Electricity Board (KSEB) has received approval from the Kerala State Electricity Regulatory Commission (KSERC) to procure 200MW of solar capacity to meet...

29 November 2018
in
Renewables

FMO, Proparco, IDB Invest finance $143m Capella Solar project in El Salvador

FMO, IDB Invest, and Proparco are financing Capella Solar, a 140MWp solar photovoltaic power plant in El Salvador. FMO and IDB Invest - acting as co-lead arrangers -...

29 November 2018
in
Transport

Keolis Amey finalising rolling stock procurement

Keolis Amey Operations is finalising an £800 million ($1.02 billion) procurement of rolling stock for its Wales & Borders rail franchise in the UK....

29 November 2018
in
Renewables

950MW Moray East offshore wind project debt signed

Moray Offshore Windfarm (East) Limited – a special purpose company owned by EDP Renovaveis (43.3%) Engie (23.3%) and Mitsubishi-owned Diamond Generating Europe...

29 November 2018
in
Metals and Mining

Rio Tinto approves $2.6bn 'intelligent' iron ore mine for Australia

Rio Tinto, the world's No.2 iron-ore miner, gave the long-awaited green light for an "intelligent" iron ore mine in Western Australia - raising its expected...

29 November 2018
in
Oil & gas

Santos completes $2.15bn Quadrant Energy acquisition

Santos has completed the acquisition of fellow-Australian oil and gas company Quadrant Energy for $2.15 billion less completion adjustments and cash acquired. The...

29 November 2018
in
Transport

AfDB approves €17.96m ring-road project in Cameroon

The African Development Bank (AfDB) has approved a €17.96 million loan to Cameroon to finance the construction of a Ring-Road Project in the North-West Province of...

29 November 2018
in
Renewables

Orsted ups its offshore wind targets

The Board of Directors of Danish wind developer Orsted has approved a strategic plan that increases the company's 2025 offshore wind capacity target from 11GW to...

29 November 2018
in
Transport

UAE agrees Etihad Rail phase two financing

The United Arab Emirates’ Ministry of Finance and the Abu Dhabi Department of Finance have signed a financing agreement for the second phase of a project by...