Latest News

Details emerge on Mejillones LNG acquisition financing

Korean and Chinese banks have provided a loan to investment fund manager Ameris Capital AGF to finance the acquisition of a 37% stake in the Chilean Mejillones LNG facility from Codelco.

TAPI pipeline sponsor calls for RFP from advisers

Turkmenistan - Afghanistan - Pakistan - India (TAPI) Gas Pipeline sponsor Inter State Gas Systems (ISGS) has invited proposals from international firms to provide commercial consultancy services on ISGS’ long-term gas import and infrastructure projects

MIGA guarantees for Egyptian wind farm

World Bank Group member MIGA will provide $122 million in guarantees for Lekela Power’s 250MW West Bakr wind farm in the Gulf of Suez, Egypt

EIB plans new energy lending policy

The European Investment Bank (EIB) announced this week (July 2019) that it plans to phase out support to energy projects reliant on fossil fuels to support the decarbonisation of Europe’s energy supply

ADB awards solid waste PPP advisory in Vietnam

Asian Development Bank (ADB) has selected a firm to advise on solid waste PPPs executed by Vietnam’s Ministry of Construction (MOC)

US EXIM Bank appoints Africa advisory committee

US Export-Import Bank (EXIM) has appointed 11 members to its 2019 Sub-Saharan Africa advisory committee – including energy and infrastructure experts James O’Brien and John Works from Baker McKenzie and Mott MacDonald

Coriolis CEO joins World Trade Board

Dr Rebecca Harding, independent economist and CEO of trade finance data service provider Coriolis Technologies, has become a member of the World Trade Board

ADB appoints Pacific regional director

The Asian Development Bank (ADB) has appointed Lotte Schou-Zibell as new Pacific Liaison and Coordination Office (PLCO) regional director, based in Sydney, Australia

AfDB and Ethiopia finance road corridor project

The African Development Bank (AfDB) has signed with the governments of Djibouti and Ethiopia a $255 million financing package for phase one of the Ethiopia-Djibouti Road Transport Corridor Project

Standard Chartered completes Voltron deal with PTT

Standard Chartered Bank has completed a pilot transaction with Thai state-owned oil and gas company PPT Group on the Voltron blockchain platform

PTTEP gains more exposure to Thai natural gas

Thai oil and gas company PTT Exploration and Production (PTTEP) has signed a share purchase agreement with Coastal Energy (Khorat) to acquire shares in APICO for about $74 million

IFC to lend on Tasiast gold mine expansion

IFC will lead on a $225 million debt package for the $822 million expansion of the Tasiast gold mine, located 300km north of the capital city Nouakchott, Mauritania

KfW IPEX-Bank supports German broadband expansion

KfW IPEX-Bank will finance German regional telecoms company NetCologne's plans to develop and expand broadband infrastructure across Germany's greater Cologne/Bonn area

DFI credit approval for Eritrea potash mine

African DFIs have confirmed formal credit approval for a $200 million senior debt package for the Colluli potash mine in Eritrea

Standard Chartered and Linklogis complete blockchain deal

Standard Chartered has completed a supply chain finance transaction for a Chinese entity responsible for digital government services via Linklogis’ blockchain platform

Papua LNG negotiations to conclude soon

The Government of Papua New Guinea (PNG) has said that it expects negotiations with project developers of the Elk-Antelope fields of the Papua LNG project to conclude in two weeks

EBRD and local banks lend on Jordan captive solar

A team of lenders including the European Bank of Reconstruction and Development and two Jordanian banks has signed on a $34.6 million debt package for Kawar Energy’s 37MW solar park in Jordan