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AES issues bond for Argentine wind to bridge DFI debt

AES Argentina Generación, AES Corp's local subsidiary, has issued a $48.4 million, short-term corporate bond to finance a wind project in the country, amid a standstill in commercial bank lending

EIB funds 5G roll-out in Germany

Telefónica Deutschland has signed a €450 million ($498 million) loan agreement with the EIB to support the roll-out of its 5G network across Germany

World Bank backs Lesotho energy access project

The World Bank has approved a $40 million loan package for the government of Lesotho’s $52.9 million renewable energy and energy access project, which aims to bring power to both rural and peri-urban areas of the enclave state

EEP Africa invites applications for renewables grants

Energy and Environment Partnership Trust Fund (EEP Africa) has invited developers to apply for grants to fund early-stage work on renewable energy projects in Sub-Saharan Africa

Fort Nelson LNG facility approved

GasNorth Energy has received permission from the BC Oil and Gas Commission to proceed with the installation of an LNG facility near Fort Nelson, British Columbia

Equinor signs contracts for Brazilian pre-salt

A consortium of Equinor (40%, operator), ExxonMobil (40%) and Petrogal Brasil (20%) has entered into front end engineering and design (FEED) contracts with early commitments and pre-investments for the development of Brazil’s first greenfield oil and gas project in the pre-salt region by an international operator

BNDES backs EDP wind in Brazil

EDP Renewables’ Brazilian subsidiary EDP Energias do Brasil has signed a R1 billion ($237.6 million) loan from development bank BNDES to finance six wind farms in the country

ADB shortlists advisers for Vietnam wastewater

The Asian Development Bank (ADB) has requested proposals from three advisory teams to assist Ho Chi Minh City (HCMC) with a wastewater treatment plant (WWTP) project in the city’s West Saigon catchment area

EIB supports district heating upgrades in Poland

The Polish cities of Bydgoszcz and Lublin are to receive $51 million from the EIB to help retrofit existing district heating pipes and substations with new energy efficient replacements

ADB tenders for studies on Suva Port in Fiji

Asian Development Bank, on behalf of the Fiji Ministry of Economy and Fiji Ports Corp, is seeking a team of consultants to assist with a strategic review of the Suva Port in Fiji – in particular options to relocate it or expand

IDB funds Brazilian monorail

IDB Invest will provide a $240 million loan to the Metrogreen Skyrail concessionaire for the construction of the BYD Salvador monorail line, located in the Brazilian state of Bahia

Arun Sharma departs IFC

The IFC’s chief investment officer Arun Sharma has left the multilateral agency after 30 years

Standard Chartered invests in digital LoC platform

Standard Chartered has announced an investment in Contour, a blockchain-based open platform focused on letters of credit that has just reached full commercialisation

AFC ups stake in Gabon economic zone

Africa Finance Corporation has increased its shareholding in the Gabon Special Economic Zone as part of a restructuring of the business hub

Keystone XL begins to move forward

TC Energy Corp has received a right of way approval for its Keystone XL (KXL) oil pipeline to be built across US federal land, pushing the $8 billion project closer to construction

Eneva signs on development bank loan

Brazilian energy company Eneva has secured a R$1 billion ($239 million) loan from regional development bank Banco da Amazônia to finance the construction, operation and maintenance of its Azulão-Jaguatirica Integrated Project

ADB, ING finance Vietnamese solar

An Asian Development Bank trust fund alongside Dutch bank ING have completed a non-recourse wrapped bond and bank loan project financing for a Vietnamese solar asset

DFI lines up debt for Nigerian refinery expansion

The IFC is working on a $50 million debt package for the $140 million expansion of Nigeria Delta Exploration and Production's Ogbele refinery in Rivers State, Nigeria

IFC supports Moroccan transport projects

The IFC has arranged a $100 million loan package for the subnational government of Casablanca-Settat’s infrastructure projects in Morocco – including the construction of two new tramway lines and upgrade of rural roads

CAF seeks consultant for wastewater project in Paraguay

Latin America’s development bank CAF is seeking a consultant to develop advanced studies for the construction of a sanitary sewage system for the Mariano Roque Alonso basin wastewater treatment plant in Paraguay