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14 March 2018
in
Traditional energy

JBIC considers funding PetrolVietnam’s $10bn gas project

The Japan Bank for International Cooperation may fund the Block B&52/97 project of the Vietnam Oil and Gas Group (PetrolVietnam) using loans without a government...

14 March 2018

NIB finances construction of a new Norwegian dairy for Tine

Nordic Investment Bank (NIB) and the Norwegian dairy company Tine have signed a €42 million 12-year loan to finance the construction of the company's new dairy...

14 March 2018

ADB sells $3.25bn global benchmark bonds

The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $3.25 billion five-year global benchmark bond issue. The bond, with a coupon...

14 March 2018

ADB says $66bn to be invested in Greater Mekong Sub-region

The Greater Mekong Sub-region (GMS) is expected to receive $66 billion in investment to strengthen regional economic cooperation in the next five years - with $7 billion...

13 March 2018
in
Traditional energy

Bapco tests bank appetite for $4.2bn expansion

Bahrain Petroleum Company (Bapco) is testing bank appetite for its $4.2 billion Sitra expansion project. Financial close is expected by Q4 of 2018. The...

13 March 2018

China spending on Belt and Road energy projects drops 28% to $14bn

China's financing for Belt and Road energy projects dropped 28% to $14.3 billion last year, from $19.9 billion. The slowdown in spending came as the government...

13 March 2018
in
Renewable energy, Traditional energy

IFC, MIGA agree Bujagali hydro refinancing

The IFC and MIGA have approved a plan to refinance more than $400 million of loans to Bujagali Energy and provide up to $423 million in guarantees in support of the...

13 March 2018

Japan International Cooperation Agency opens Cuba office

The Japan International Cooperation Agency (JICA) has opened an office in the Cuban capital, Havana. JICA established the office in response to a request for support...

13 March 2018

KDB launches due diligence on GM's troubled South Korean unit

Korea Development Bank (KDB) has launched due-diligence proceedings of General Motors' local unit to decide whether to provide funds for the unit's troubled...

13 March 2018
in
Renewable energy, Traditional energy

EBRD supports Entek Elektrik hydro acquisition

The EBRD has issued a $55 million dual-currency loan – $35 million in US dollars and $20 million equivalent in Turkish lira – to Entek Elektrik Uretimi,...

13 March 2018

KDB to launch $2.3bn support program for SMEs

Korea Development Bank (KDB) is to offer a new $2.3 billion financial aid program - called KDB Global Challengers 200 - for small and medium-sized enterprises. It will...

13 March 2018

Nordic Investment Bank reveals loans and profits for 2017

The Nordic Investment Bank signed 55 loans totalling €3,665 million in 2017, down from 58 loans worth €4,220 million in 2016, new figures show. Net profit...

12 March 2018
in
Agriculture/food chain

IFC agrees $55m loan to Brazilian sugarcane group Jalles Machado

The International Finance Corporation has provided $55 million in long-term financing to Jalles Machado, a Brazilian sugarcane processor and a biomass producer. The...

12 March 2018

NIB and BillerudKorsnäs agree €78.5m new board machine loan

Nordic Investment Bank and the Swedish pulp and paper manufacturer BillerudKorsnäs have signed a €78.5 million seven-year loan to finance part of the...

12 March 2018
in
Renewable energy, Traditional energy

NYSERDA awards $1.4bn of renewables projects

New York State Energy Research and Development Authority (NYSERDA) has awarded $1.4 billion of utility-scale renewable projects as part of the Clean Climate Careers...

12 March 2018
in
Renewable energy

IIC considers $50m loan for Arauco Wind Project in Argentina

A $50 million loan to support the construction of the Arauco Wind Project II and its associated transmission connection is under consideration by the Inter-American...

09 March 2018

KfW agrees $40m climate project deal with Bangladesh

German development bank KfW has a signed $40 million deal with Bangladesh to support the country's Climate Resilient Infrastructure Mainstreaming project. The...

09 March 2018
in
IT and telecoms

Subtel opens Los Lagos and Aysen trunk link tender

Subsecretaria de Telecomunicaciones (Subtel) has opened an official call for tenders for the Los Lagos and Aysen terrestrial trunks of the 4400km Fibra Optica Austral...

09 March 2018
in
Renewable energy

AFD backs BRDE renewables support programme

Brazilian regional development bank BRDE has raised a €50 million ($62 million) 10-year loan (inclusive of three-year grace period) from Agence Francaise de...

09 March 2018

ADB eco projects in Cambodia, Mongolia, Tajikistan secure GCF funds

The Asian Development Bank has secured $190 million in total funding - comprising of $85 million in grants and $105 million in concessional loans - from the Green Climate...