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10 January 2018

$6bn Jakarta-Bandung fast train project delayed

The $6 billion Jakarta-Bandung fast train project in Indonesia is facing delays, with major construction by Kereta Express Indonesia China yet to begin and a $4.5 billion...

10 January 2018

EIB and Bankia allocate €800m to finance SME and midcap investments

The European Investment Bank (EIB) will provide financing for Spanish SME and midcap projects with a €400 million loan to Bankia. Bankia will match the loan with the...

10 January 2018

India's Lendingkart Finance raises $4.7m from FMO

Indian SME lending platform Lendingkart Finance has raised $4.7 million in non-convertible debentures from Dutch development bank FMO. The funds will be used towards...

09 January 2018
in
Renewable energy, Traditional energy

EPM secures $1bn IDB Invest loan for 2.4GW Ituango HPP

Colombian utility group Empresas Publicas de Medellin (EPM) has raised a $1 billion facility to part finance the $5.51 billion 2.4GW Ituango hydropower...

09 January 2018

Saudi Arabia agrees funding for Duqm industrial project

The Saudi Fund for Development has agreed a $210 million financing package for Oman's Duqm industrial project. The money will be used to finance a road to the Duqm...

09 January 2018
in
Renewable energy

Neoen to close DFI-backed Mozambique solar plant in 2018

Neoen is expected to achieve financial close this year on the funds backing the 41MW solar PV plant in Metoro, Mozambique. Agence Francaise de Developpement and its...

09 January 2018
in
Renewable energy

Acwa Power reaches financial close on three solar PV plants in Egypt

Acwa Power has reached financial close with multilateral banks for three photovoltaic projects in Egypt's largest solar power complex in the southern Aswan...

08 January 2018
in
Traditional energy

Pakistan approves sovereign guarantees for LNG pipeline and Jamshoro power plant

The Pakistan cabinet's Economic Coordination Committee (ECC) has approved Rs175 billion for the construction of the LNG-III pipeline from Karachi to Nawabshah, and...

08 January 2018

TXF Africa 2018: Sufian Ahmed to deliver keynote speech

TXF is delighted to announce that HE Sufian Ahmed, special advisor of monetary and fiscal policy and former senior government minister of the Federal Democratic Republic...

08 January 2018
in
Renewable energy

World Bank finances Indonesian geothermal projects of up to 370MW

The World Bank has agreed a loan of up to $600 million to Indonesia for five geothermal projects with a combined potential power generation capacity of more than 370MW.

08 January 2018

AIIB could launch first dollar bonds in June

The Asian Infrastructure Investment Bank (AIIB) could issue its first US dollar bonds by the end of June, the bank's treasurer Soren Elbech said. The bond would have...

05 January 2018

EBRD finances better provision of air navigation services in Serbia and in Montenegro

The EBRD is providing a loan of €35 million to Serbia and Montenegro Air Traffic Services (SMATSA) to help improve the provision of air navigation services in the...

05 January 2018
in
Renewable energy, Traditional energy

IDB Invest agrees $1bn loan for largest renewable energy project in Colombia

IDB Invest, the private sector arm of the Inter-American Development Bank, has signed a $1 billion senior, unsecured A/B loan package to Empresas Publicas de...

05 January 2018
in
Renewable energy

IFC to boost earthquake-hit geothermal power plants in Philippines

The International Finance Corporation (IFC) is considering a loan of $90 million to help Energy Development Corp to fund capital requirements for the recovery of service...

05 January 2018

AfDB invests in off-grid energy access fund

The African Development Bank (AfDB) has approved a $30 million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund. The fund is a finance debt...

04 January 2018
in
Renewable energy

Canadian Solar reaches close on 70MW Oakey 2 Solar Farm

Canadian Solar Inc has reached financial close with the Clean Energy Finance Corporation (CEFC) for a A$55 million facility commitment for the Oakey...

04 January 2018
in
Traditional energy

DJB increases stake in Cricket Valley Energy Center

The Tokyo Electric Power and Chubu Electric Power joint venture company JERA has sold 6% of its 44% holding in the gas-fired Cricket Valley Energy Center located in New...

04 January 2018
in
Renewable energy

CDC Group unveils South Asian renewable energy platform

CDC Group, the UK's development finance institution, has launched Ayana Renewable Power, a renewable energy platform for India and neighbouring countries. It has...

04 January 2018

EIB opens 2018’s Kangaroo market with $750m Climate Awareness Bond

The European Investment Bank has launched a new AUD750 million Kangaroo Climate Awareness Bond. The issue offers a semi-annual coupon of 2.7% and has a final maturity of...

04 January 2018
in
Renewable energy

BNDES and KfW celebrate a $142m credit line

Brazilian development bank BNDES has signed a $141.720 million funding agreement with its German counterpart KfW. The operation will contribute to climate change...