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AIIB mulls investment in new Asia fund

Asian Infrastructure Investment Bank (AIIB) is considering a commitment to the Keppel Asia Infrastructure Fund equivalent to 15% of its target size

Colombia postpones oil bidding

Colombia’s national agency of hydrocarbons (ANH) has postponed its next round of oil and gas projects

Siemens Gamesa wins large Vietnam onshore wind order

Siemens Gamesa Energy has won a turbine order for the 113MW Hoa Thang 1.2 wind farm in Vietnam, that is being developed by Vietnamese private company Trading Construction Works Organization (WTO)

Lenders join Indonesian coal-fired financing

Details have emerged about lenders joining the debt package for a more than $3 billion power complex in the sprawling Indonesian archipelago

JBIC sign loans for Latam renewables

JBIC has granted a $200 million loan to development finance institution Corporación Andina de Fomento to finance renewable projects in four Latin American countries

FMO mulls investment in Morgan Stanley India fund

Dutch development bank FMO has put forward a proposal to invest €15 million ($16.2 million) in North Haven India Infrastructure Fund (NHIF)

Block Energy acquires Georgian oil blocks

AIM-listed oil and gas production and development business Block Energy has acquired Schlumberger Rustaveli Company (SRCL), which has several oil production and exploration blocks in Georgia

Orion halts debt talks for Prieska mine

Australian mining company Orion Minerals has slammed the brakes on the debt financing of it’s A$378 million ($228.5 million) Prieska zinc-copper mine in South Africa, citing ongoing economic disruption

Queensland approves onshore gas explorations

The Queensland Government in Australia has given its approval to gas exploration blocks, located close to existing gas infrastructure and the existing Wallumbilla gas hub in the Surat Basin

DFI off-grid solar fund investments emerge

Social Investment Managers and Advisors (SIMA) has invested close to $90 million into the off-grid solar and financial access sectors through the SIMA Off-Grid Solar and Financial Access Senior Debt Fund I (SIMA Fund I)

Resolute refinances Mako Gold Mine with revolver

Australian gold mine developer Resolute Mining has signed a $300 million loan facility with a club of six banks to refinance the debt on its majority owned Mako Gold Mine in eastern Senegal

VTB acquires grain terminal stake

VTB Group-owned Demetra Holding has acquired a 50% stake in the holding company of a deep-sea specialised grain terminal in Ukraine

EIB reviews Indian railway financing

European Investment Bank (EIB) is eyeing whether to finance a roughly Rs111 billion ($1.5 billion) railway project in northern India

Bangladesh’s largest ever ECA financing

Details have emerged on a debt package for an economically strategic plant some 50km northeast of the capital of Dhaka

IFC announces investment package to help TF

The IFC has announced an increased $8 billion package of fast-track financing to support private companies during the Covid-19, primarily through trade finance products

USTDA steps in on Kalahari’s CBM in Botswana

The US Trade and Development Agency (USTDA) has financed a feasibility study for Botswana-based power developer Kalahari Energy’s $400 million, 97MW coal bed methane (CBM) independent power project – located in the Central Kalahari Karoo Basin

African DFI fund reaches first close

The African Development Bank, the European Commission, KfW, the Clean Technology Fund, Norfund, and other investors have committed nearly $160 million to the first close of the Facility for Energy Inclusion (FEI)

DFI discloses approval for Afghan financing

A multilateral development bank has disclosed that it approved a loan to a gas-fired power plant project in north-central Afghanistan