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News
24 January 2018
in
Renewable energy

EIB agrees €155m loan for Kenyan geothermal plant

The European Investment Bank (EIB) has offered a €155 million loan to Kenya-headquartered Akiira Geothermal, which is partly owned by Centum Investments, for...

News
24 January 2018

EIB agrees €30m loan for renewal of Palma de Mallorca’s bus fleet

The European Investment Bank's support will enable 180 diesel vehicles to be replaced by new compressed natural gas-powered buses. The funds will also finance the...

News
24 January 2018

IsDB and World Bank to tap into $1.9tn Islamic finance market

The Islamic Development Bank (IsDB) and the World Bank are to work together to unlock the potential of the $1.9 trillion Islamic finance market in order to mobilise...

News
24 January 2018
in
Renewable energy

Neoen reaches financial close on Coleambally Solar

Neoen Australia has reached financial close on the 150MW Coleambally solar project in New South Wales and plans to start construction this month. The project will be...

News
24 January 2018

Qatar awards $192m worth projects to SMEs

Small and medium-sized enterprises (SMEs) in Qatar have secured $192.25 million worth of public procurement opportunities in 2017 through the Qatar Development Bank.

News
23 January 2018

Speakers announced for TXF China 2018: Chiyoda Corporation, Agritrade International and KfW

We are delighted to announce that Dr Wolfram Erhardt, Country Director China, KfW; Munetaka Horiguchi, Vice President, Business Development, Chiyoda Corporation and...

News
23 January 2018
in
Traditional energy

Shah Deniz Stage 2 loan out to syndication

Syndication is underway on the $524.5 million 15-year loan for the Shah Deniz Stage 2 project. The facility was signed by project sponsor Southern Gas Corridor Company...

News
23 January 2018
in
Renewable energy

CPPIB buys $144m stake in India's ReNew Power

Canada Pension Plan Investment Board (CPPIB) has agreed to acquire a 6.3% stake in the Indian clean energy company ReNew Power from the Asian Development Bank for US$144...

News
23 January 2018

EBRD reveals support in southern and eastern Mediterranean economies

The EBRD invested in 60 projects worth more than €2.1 billion in the southern and eastern Mediterranean region in 2017. Investments were made in the energy and...

News
23 January 2018

AfDB to add $2bn to Nigeria loans

The African Development Bank (AfDB) plans to increase its loans to Nigeria by more than $2 billion next year with investments in energy, infrastructure and...

News
23 January 2018

Emirates Development Bank launches SME financing

The Emirates Development Bank has allocated about AED1 billion to finance small and medium-sized enterprises (SMEs) for 2018-2019. Products include sales and receivable...

News
23 January 2018

AfDB provides funding for Tunisia to support state budget

The African Development Bank (AfDB) will provide Tunisia with 1,140 million dinars (about $472 million) to support its 2018 state budget. The funding will cover sectors...

News
22 January 2018

EBRD boosts small businesses in Jordan

The European Bank for Reconstruction and Development (EBRD) is providing a loan in Jordanian Dinar - equivalent to $20 million - to Cairo Amman Bank for on-lending to...

News
22 January 2018

EBRD and Raiffeisen Bank Aval join forces to support Ukrainian firms

The EBRD and Raiffeisen Bank Aval have signed a Risk Sharing Facility to boost loans to Ukrainian small and medium-sized enterprises and for renewable energy projects....

News
22 January 2018
in
Renewable energy

ISIF makes first solar investment

Sovereign development fund Ireland Strategic Investment Fund (ISIF) will help support a €140 million series of 20 solar parks across the country being developed by...

News
22 January 2018

EIB support for Czech Republic exceeds €1bn in 2017

The European Investment Bank (EIB) Group provided €1.16 billion in new loans, guarantees and equity in the Czech Republic in 2017. The EIB granted €977 million...

News
22 January 2018
in
Renewable energy

IFC to invest $150m in Aditya Birla Finance

The International Finance Corporation has proposed to invest up to $150 million through a loan to India's Aditya Birla Finance. The proceeds shall be used to fund...

News
19 January 2018

How India became AIIB's main borrower

The Asian Infrastructure Investment Bank (AIIB) has approved funding for 24 infrastructure projects, five of them in India, bank data shows. Loans to the Indian projects...

News
19 January 2018
in
Agriculture/food chain

EBRD to provide up to $50m loan to Nibulon

The European Bank for Reconstruction and Development will provide up to a $50 million loan to Ukrainian grain group JV Nibulon LLC to support the expansion and...

News
19 January 2018
in
Renewable energy, Traditional energy

Masdar and Bee'ah receive financing commitments for Sharjah WtE project

Abu Dhabi renewable company Masdar and local environmental manager Bee'ah have secured financial commitments from Abu Dhabi Fund for Development (ADFD), Abu Dhabi...