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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

Boards green light Cube’s long-delayed India acquisition

The board of directors 2 shareholders of an operating toll road in Uttar Pradesh approved their divestment to the portfolio company of infrastructure investor I Squared Capital

Asian multilateral approves GCC commitment

A multilateral development bank approved a commitment of $90 million to a Middle East and North Africa (MENA) private equity infrastructure fund.

BESIX signs financing for Dubai waste-to-energy

A BESIX-led consortium has signed the $900 million financing documents for the 200MW Al Warsan 2 Waste-to-Energy project in Dubai

USTDA funds mini-grids feasibility study in Cameroon

The US Trade and Development Agency (USTDA) has signed a grant to local power developer Renewable Energy Innovators Cameroon (REIc) to fund a feasibility study for a solar mini-grid project in the Central African state

CIB and DIF invest in Manitoba fibre project

The Canada Infrastructure Bank (CIB) and DIF Capital Partners (DIF) will invest C$260 million to increase broadband through the Southern Manitoba Fibre project

Debt talks on REPDO2 Category B projects progress

All three projects under category B of Saudi Arabia’s REPDO2 are well on the way towards financial close as lenders come aboard for the combined 800MW of solar IPPs

Peru selects France as partner to build major road

Peru’s president, Francisco Sagasti, has announced that France will help the country build two new roads, Nueva Carretera Central and the Santa Rosa del Callao expressway

CPs met for Mozambique Offshore Area 1

Oil India has announced that conditions precedent have been met on the $14.9 billion debt financing required for the $22.6 billion Area 1 Mozambique LNG project in the Rovuma Basin offshore Mozambique

Tech integration for TF win

Finastra has integrated its Fusion Trade Innovation and Enigio’s trace:original to create a solution for managing and handling digital original documents using distributed ledger technology

DFC supports LatAm off-grid financing

The US International Development Finance Corp (DFC) has signed a credit guarantee with Swedish crowdfunding firm Trine to catalyze financing for off-grid solar projects in Latin America and the Caribbean

EIB lends on French wind farm

The European Investment Bank has provided a €350 million ($416.95 million) loan to the 450MW Courseulles-sur-Mer offshore wind farm in France.

IFC confirms investment in Liquid Telecom bond and refi

The IFC has disclosed its investment in the bond issue put forward by Africa-focused Liquid Telecommunications – and confirmed its role in the company’s Eurobond refinancing

CAF's president steps down

Luiz Carranza Ugarte, president of the Latin America development bank CAF, has announced that he will step down on 23 April

Mann takes chair at Bakers

Baker McKenzie has named Sunny Mann as the new global chair of the law firm's international commercial and trade practice group, effective 1 July 2021

Lenders line up for Rabigh solar PV

A Marubeni-led consortium is in advanced talks with three lenders on a $157 million debt for the 300MW Rabigh solar PV project in Saudi Arabia

Standard Chartered takes a sustainable stand

Standard Chartered is launching sustainable trade finance solutions across Asia, Africa and the Middle East, Europe and the Americas