Latest News

Je Woo Cho moves to KOSPO

Je Woo Cho has joined Korea Southern Power as manager, in charge of overseas project development and financing

Teck funds Chilean mining project

Canadian mining company Teck has signed a $2.5 billion limited recourse project finance deal to fund the expansion of its Chilean mining project, Quebrada Blanca Phase 2

Sonnedix closes Chile solar project financing

Sonnedix has closed a $99 million non-recourse project financing in Chile with loans from multilateral and commercial lenders

ECAs on Taiwan offshore wind financing

German developer wpd and a Japanese consortium have reached financial close on the 640MW Yunlin offshore wind farm with a $2.98 billion ECA-backed project financing package

Colombia's FDN closes on first solar loan

Spanish company Trina Solar Energy has closed on a $7.1 million loan with Colombia's Financiera de Desarrollo Nacional − the first time the development bank has financed a non-conventional project

EBRD and IFC to co-finance Armenian solar

The EBRD and IFC are to provide up to $ 41 million in long-term debt financing for the 55MW Masrik-1 Solar power plant in the municipality of Masrik, Armenia

ADB and MIGA sign new cooperation agreement

The Asian Development Bank and Multilateral Investment Guarantee Agency have signed a cooperation agreement to accelerate the use of their financial solutions for the private sector and PPPs

Eni appoints new chief upstream officer

Alessandor Puliti is to replace Antonia Vella as chief upstream officer at Italian multinational oil and gas company Eni in Rome

HitecVision spinning off Solveig Gas unit

Private equity fund HitecVision plans to turn its recently acquired Solveig Gas pipeline firm – which owns 25.6% of Gassled joint venture – into a separate oil and gas company

ADB reposts ad for Uzbekistan water services

The Asian Development Bank has re-advertised a request for expressions of interest (EOIs) from water sector experts to help on the transfer of services under PPP in four cities in Uzbekistan

Crowdz raises $5.5m in Series A funding round

Silicon-Valley startup Crowdz has raised $5.5 million through a Series A funding round for the development of a global blockchain-based invoice exchange

World Bank approves guarantees for Ethiopia’s REGREP

The World Bank has approved $10 million in international development association (IDA) guarantees for the first phase of Ethiopia's $200 million Renewable Energy Guarantee Programme (REGREP)

ICC: Regulations exacerbating trade finance gap

The International Chamber of Commerce (ICC) Banking Commission has called for “clarification and harmonisation” of regulations to close the trade finance gap in a whitepaper published today (28 May 2019)