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Atlas closes debt for Brazilian solar

Actis portfolio company Atlas Renewable Energy has closed financing for a 359MW solar project in Brazil

Doosan signs EPC contract for Yanbu-4 IWP

An Engie-led consortium has signed with South Korean engineers Doosan Heavy Industries a $708 million EPC contract for the $850 million Yanbu-4 IWP project near Al Rayyis, Saudi Arabia

BOAD issues first sustainability bond

BOAD has issued its first bond with sustainability objectives amounting to €750 million with a 12-year maturity

LNG-to-power complex to boost Rio's infra

The Brazilian state of Rio de Janeiro plans to increase the local infrastructure around the largest LNG-to-power complex in Latin America located in the industrial complex Port of Açu

Oz potash's FID nears

The government of Western Australia dismissed an appeal against the environmental approval to develop a nearly $160 million capex sulphate of potash project in the state

EU provides grant for Zambian electricity access

The European Union has signed a €33 million grant for the government of Zambia’s Increased Access to Electricity and Renewable Energy Project

ADB appoints director general in Manila

Asian Development Bank (ADB) has appointed Suzanne Gaboury as the director general of its private sector operations department

Dr Leon to head CDB

The board of governors of the Caribbean Development Bank (CDB) has elected Dr Hyginus ‘Gene’ Leon to serve as the next president of the multi-lateral institution

EBRD finances Bulgarian hydro co

The European Bank for Reconstruction and Development (EBRD) is providing a loan to Bulgarian hydro power developer VEZ Svoghe to expand its operations

Trivedi to lead Crown Agents Bank

Crown Agents Bank has appointed Bhairav Trivedi as chief executive designate – subject to the usual regulatory confirmations in due course

IDB and BNDES partner to boost Brazil's PPPs

Brazilian development bank (BNDES) and the Inter-American Development Bank (IDB) have announced a partnership to expedite approvals and to improve PPP projects in Brazil.

MIGA signs support for solar PV in West Africa

MIGA has issued guarantees of $25.6 million to Africa-focused solar developer Escotel to support its plan to develop solar PV at power telecommunication network sites in Sierra Leone and Liberia

CDC boosts support for TDB

CDC Group – the UK’s development finance institution and impact investor – this week announced a $100 million debt commitment to the Eastern and Southern African Trade and Development Bank

UKEF supports Bombardier Egypt deal

A Bombardier-led consortium has confirmed a deal with the Egyptian Government to build two new monorails thanks to £1.7 billion backing from UK Export Finance

JICA signs grant for Jordanian water supply

JICA has signed a $22.9 million grant to the government of Jordan to improve the water supply system for two districts in the Barqa Governorate

Taaleri and Masdar invest in 2 Polish wind farms

Finnish investment manager Taaleri Energia has acquired 2 ready-to-build wind farms in Poland through its Taaleri SolarWind II fund and partner Abu Dhabi’s Masdar

Mubadala, ADNOC, and ADQ form hydrogen alliance

Mubadala, ADNOC, and ADQ have together signed a memorandum of understanding to collaborate on hydrogen – for use in utilities, mobility, and industry

UPDATE: SN Aboitiz refinances Philippines hydropowers

SN Aboitiz Power-Benguet, a JV of Norway-based SN Power and Philippines-based Aboitiz Power, has signed a P18 billion debt to refinance 2 hydropower rehabilitation projects in the Philippines