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DFI-backed TAPI pipeline to start construction

TAPI Pipeline said yesterday that construction on the Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline will start in Q1 2019, also predicting financial close in the same quarter despite several delays in securing financing for the $7 billion project

KfW signs loan for South African wastewater

KfW has signed an €80 million ($91.3 million) loan with the City of Cape Town, South Africa, to fund the Climate Initiative for Urban Wastewater Disposal in Cape Town project

NIB supports Norwegian hydro

The Nordic Investment Bank (NIB) has signed a loan with Norwegian renewable energy provider Eidefoss to co-finance the Rosten hydropower plant in Selje, Norway

Djibouti signs MOU for tidal turbines

French tidal turbine developer Blue Shark Power System (BSPS) has signed an MOU with the Republic of Djibouti to provide 120MW of tidal turbines for projects across the country

BNDES backs Belo Monte transmission line

Brazilian development bank BNDES has approved a R5.2 billion ($1.38 billion) loan to Xingu Rio Transmissora de Energia (XRTE), a subsidiary of Chinese state-run State Grid Corporation of China

Consultant named for Saudi nuclear project

Australian advisory firm WorleyParsons has been selected by the King Abdullah City for Atomic and Renewable Energy (KA-CARE) to provide project management consultancy services for the Saudi National Atomic Energy project

EIB supports Belarus wastewater treatment plant

The European Investment Bank (EIB) is providing €84 million ($96 million) to Belarus’ Minsk Vodokanal wastewater treatment plant to finance its rehabilitation and modernisation

RCR Tomlinson extends ASX suspension amid class action

Australian EPC company RCR Tomlinson (RCR) has extended its suspension on ASX, amid a class action lawsuit filed by shareholders, according to a ASX release on 20 November

BNDES mandates manager for infra fund

Brazilian development bank BNDES has selected JGP Asset Management to manage its new infrastructure fund, which will have an initial target of R$500million ($133 million)

AfDB approves loan for Kenya's Thwake dam

The African Development Bank (AfDB) has approved a €235.8 million ($269.4 million) loan with the government of Kenya for the completion of the $675.4 million Thwake multi-purpose dam in Makueni Country, Kenya

EBRD merges energy and infrastructure teams

The European Bank for Reconstruction and Development (EBRD) is bringing together its energy and infrastructure teams in the sustainable infrastructure group, headed by Nandita Parshad as managing director

AfDB commits $40m to AIIF III

The African Development Bank (AfDB) has committed $40 million to the pan-African Africa Infrastructure Investment Fund III (AIIF III)

Peru nears final decision on GSP pipeline

Peru's government will take a final decision on the country's Gasoducto Sur Peruano (GSP) pipeline in the next few weeks, according to the Ministry of Mines and Energy (MEM)

ArcelorMittal signs PPA in Mexico

ArcelorMittal has signed a $1.7billion power purchase agreement with a subsidiary of Mexico's Federal Electricity Commission (CFE) to guarantee the supply of power and associated products equivalent to 600MW of capacity

Pakistan studies two RLNG-fired to take private

Pakistan’s privatisation commission (PC) has directed National Power Parks to submit a pre-feasibility study to privatise two Punjab power plants totalling nearly 2.5GW, according to a statement

AfDB approves new loan for Kampala-Jinja PPP

The African Development Bank (AfDB) has approved an additional $229.5 million loan with the government of Uganda for the first phase of the $1.55 billion Kampala-Jinja Expressway PPP

EBRD to sign loan for Egyptian midstream

The European Bank for Reconstruction and Development (EBRD) will sign with the government of Egypt a $200 million loan to fully fund the EGAS Energy Efficiency project, to improve pipeline infrastructure in the North African state

BNDES approves loan for Sao Paulo road

Brazilian development bank BNDES has approved a R3.64 billion ($962 million) loan to Via Paulista company to fund the Rodovia dos Calçados road