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03 January 2020
in
Renewable energy

BNDES agrees $323m loan for 371MW Iberdrola wind complex in Brazil

Brazilian development bank BNDES has approved a loan of about BRL1.3 billion ($322.9 million) to support 370.8MW of wind projects developed by Iberdrola.The financing...

03 January 2020
in
Social infrastructure

EBRD agrees €7m loan for new clean energy buses in Novi Sad

The European Bank for Reconstruction and Development is financing improvements to public transport in Novi Sad, Serbia, with a €7 million loan.The funds to the...

02 January 2020
in
Traditional energy

EL Salvador LNG-to-power project seals financing

Sponsors of the 378MW Energia del Pacifico (EDC) LNG-to-power project in El Salvador – Invenergy Clean Power El Salvador (85%) (a consortium of investors comprising...

02 January 2020
in
Waste and water

Pakistan revives Ghazi-Barotha water supply project

Pakistan's Punjabi government has invited companies to submit their bids for the production of a feasibility report, design and project concept for the supply of...

02 January 2020
in
Waste and water

KfW provides €11m for two regional landfills in Serbia

The Serbian government and German development bank KfW have signed financing agreements worth €11 million for regional landfills in Kruševac and Vranje.Out of...

02 January 2020
in
Waste and water

EBRD finances water supply project in Montenegro

The European Bank for Reconstruction and Development is providing a €24 million loan to finance improvements to the regional water supply network in Montenegro.The...

02 January 2020
in
Social infrastructure

EIB helps finance Greater Berlin regional rail modernisation

The European Investment Bank (EIB) is providing €185 million to Ostdeutsche Eisenbahn to finance the modernisation of regional rail in Greater Berlin.Deutsche...

02 January 2020
in
Traditional energy

China Development Bank Leasing buys LNG vessel

CDB Leasing (International) Company, a wholly-owned subsidiary of China Development Bank Leasing, has entered into a vessel purchase agreement with CMB International...

24 December 2019
in
Mining

Danakali executes $200m financing for potash project in Eritrea

Colluli Mining Share Company  - a JV between Danakali and Eritrean National Mining Company - has executed definitive documents for a $200 million seven-year senior...

24 December 2019

IFC invests in BT Leasing to boost Romanian SMEs, sustainable finance

The International Finance Corporation is providing €18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and medium-sized...

23 December 2019
in
Traditional energy

KfW IPEX, Finnvera, FEC to finance El Salvador LNG-to-power project

KfW IPEX-Bank, Finnish Export Credit and Finnvera are to provide $142 million of debt to part finance the 378MW $877 million Energia del Pacifico LNG-to-power project in...

23 December 2019
in
Renewable energy

Ibri II solar financing nears close

An ACWA Power-led consortium – comprising Kuwait's GIC (40%) and Alternative Energy Projects (10%) – is expected to reached financial close on a $263...

23 December 2019

Tesla to take new $1.4bn loan from Chinese banks for Shanghai factory

US electric vehicle maker Tesla and a group of Chinese banks have agreed a new CNY10 billion ($1.4 billion), five-year loan facility for the company's Shanghai car...

23 December 2019
in
Renewable energy

Financial close for 46MW Nkhotakota solar project in Malawi

Phanes Group has reached financial close on the debt backing its 46MW Nkhotakota solar project in Malawi. The project is being developed by Phanes in collaboration with...

23 December 2019
in
Renewable energy

JBIC agrees loan for wind power plant in northern Morocco

The Japan Bank for International Cooperation has signed a €44 million (JBIC portion) with Moroccan company Parc Eolien de Taza SA (PETS) - invested in by Mitsui...

23 December 2019
in
Renewable energy

GAM buys equity stake in Dominican Republic wind project

GAM Capital's closed-end fund, GAM Energía, has acquired an equity stake in Akuo Energy Dominicana, owner of the 50MW Parques Eolicos del Caribea wind farm...

23 December 2019
in
Manufacturing, Renewable energy, Traditional energy

IADB finances project to boost electricity coverage in rural Suriname

The Inter-American Development Bank has approved a $30 million investment loan to Suriname for a project to improve access to sustainable electricity.The project is also...

23 December 2019
in
Waste and water

AfDB finances roll out of solar-powered irrigation in Sudan

The African Development Bank has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country’s West...

23 December 2019

AIIB unveils changes to leadership team

The Asian Infrastructure Investment Bank President has announced a number of changes to its leadership team.Thierry de Longuemar, AIIB’s current Vice President and...

23 December 2019

EBRD appoints Heike Harmgart MD for southern and eastern Mediterranean

The European Bank for Reconstruction and Development has appointed Heike Harmgart as Managing Director for its southern and eastern Mediterranean region.Dr Harmgart will...