Latest News

UKEF support for Iraqi power projects

UK Export Finance has committed up to $1.02 billion in direct loans and guarantees in support for two power stations in Iraq

GE, Sumitomo sign PPA for Hamriyah gas-fired

Sharjah Electricity and Water Authority has signed a 25-year PPA with GE and Sumitomo Corporation to deliver a 1.8GW combined-cycle gas-fired power plant in Hamriyah, UAE

EIB considers loan for Niger grid

The EIB is mulling a €57 million loan to Société Nigérienne d'Électricité for a €132 million electrification improvement project in Niger

EIB-anchored broadband fund makes maiden investment

Cube Infrastructure Managers' European Investment Bank-anchored European broadband infrastructure fund has made its first investment, signing a deal with network developers Vahta and 3T Cable to roll out fiber-to-the-home access to over 135,000 locations in rural Croatia

Advisers emerge on Bangladesh LNG terminal

The financial and legal advisers have emerged on a LNG receiving facilities project that PT Pertamina and Marubeni are developing in Bangladesh

EDC says no to thermal coal

Export Development Canada announced an update to its climate-change policy on 28 January that will prohibit it from making any future investments linked to thermal coal

China Railway joins Makati subway PPP

China Railway Construction subsidiary China Civil Engineering Construction will be investing in the Makati underground railway PPP in Manila

Chile to launch RFP for HSR

Chile is to incorporate the proposed high-speed rail connecting Valparaíso and Santiago into the government's concession system, according to the ministry of transport and telecoms

Malaysia cancels East Coast Rail Link

The Malaysian government has officially cancelled the planned 688km East Coast Rail Link

Gaia/IFC programme hires new manager

Moroccan renewables developer Gaia Energy has brought on board Bertand Belben as platform manager for the Gaia/IFC renewable power co-development programme based in the North African state

AFC signs bridge loan for Singrobo hydro

The African Finance Corporation has signed a €149.6 million bridge loan facility with Ivoire Hydro Energy to progress the 44MW Singrobo-Ahouaty hydropower project on the Bandama River in Côte d’Ivoire

Multilaterals to back Argentine road PPPs

Argentina is negotiating terms with multilateral institutions to finance six road corridors – part of its PPP programme – that were awarded in 2018

SCB completes blockchain first

Standard Chartered Bank has completed its first blockchain-enabled, cross-border trade transaction in Singapore for Agrocorp International and its extended supply chain network

Thailand's Laem Chabang port expansion delayed

Thailand's Laem Chabang phase 3 project – a cornerstone of Thailand’s eastern economic corridor – has suffered a delay following a disappointing bid opening

Guidry Group to sign concession for Libyan port PPP

The Guidry Group is due to sign a concession agreement with Libya's Tobruk-based government to DBOT a deep-sea port project near the city of Susah

DBS faces tough sell on ‘last’ Indonesian coal-fired

DBS Bank is in early discussions with lenders for a financing of the 2x 1GW Java 9 & 10 coal-fired power station in Indonesia, but is having to deal with a much reduced pool of potential participants

Morocco invites bids for water rehab

Morocco's Office National de l’Electricité et de l’Eau Potable is inviting bids for three water rehabilitation schemes as part of the EBRD-supported ONEE Water Supply Project