Philippines’ Department of Transportation on Saturday signed 2 of the 5 civil works contracts for the Malolos-Clark Railway project in Manila

A development finance institution is evaluating whether to provide a loan to Kyrgyzstan’s largest private broadband operator

The project company of a 745 MW CCGT power plant project about 40km southeast of Dhaka has signed a $642 million loan agreement, following the signing of the EPC contract last month

KenGen has appointed Norwegian engineers Multiconsult to conduct feasibility studies for floating solar PV in the basins of three hydroelectric dams in the East African state

The sponsors of the 2GW coal-fired power plant Java 9 & 10 in Indonesia are expecting to sign the project debt by the end of August, IJGlobal has learned

South Korean lawmakers this week have proposed 4 bills in the National Assembly that would prohibit government-backed institutions from funding coal projects

A development finance institution is assessing whether to provide a project company with a non-sovereign loan on a $151.5 million solar park in southern India

A WTE-led consortium has reached financial close on the $1.8 billion Umm al Hayman wastewater PPP in Kuwait – six months on from signing the debt and becoming only the second PPP to close in Kuwait since 2008

The EIB has signed with French power developer Engie a $12.5 million loan for its $25 million roll-out of off-grid solar home systems in Uganda

Beijing Gas Group has tendered an EPC package as part of a nearly $3 billon LNG project in northern China

An ACWA Power-led consortium is set to sign the $450 million soft mini-perm debt package for the $570 million, 900MW fifth phase of the Mohammed Bin Rashid Al-Maktoum solar park

US Trade and Development Agency has awarded a grant to PNG Power to fund an implementation plan to bolster the resilience of Papua New Guinea’s power grid

The European Investment Bank has signed a $350 million loan agreement to support the financing of Europe’s first home-grown gigafactory for lithium-ion battery cells – Northvolt Ett, in Sweden

The Asian Infrastructure Investment Bank (AIIB) now has 10 members across Africa and 9 prospective members with its board of governors having approved Liberia joining the bank

Asian Infrastructure Investment Bank has elected Jin Liqun to a second term as president of the multilateral development bank

The US International Development Finance Corporation (DFC) chief executive Adam Boehler will today sign a letter of interest to provide a $765 million loan to Eastman Kodak Company to support the launch of Kodak Pharmaceuticals

The EBRD has today extended a €5 million loan to Borjomi municipality of Georgia for improvements to transport facilities in the tourist district

The International Islamic Trade Finance Corporation (ITFC) – member of the Islamic Development Bank (IsDB) Group – has launched a trade development fund (TDFD) with an initial target capital of $50 million

CDC Group, the UK’s DFI and impact investor, today announced an additional $75 million commitment to its existing trade finance facility with Absa Bank