Latest News

RFQ nears for IFC-backed Montenegro Airports

The request for qualifications for the concession for Montenegro’s Podgorica and Tivat airports is now expected to be issued in April (2019), later than previously expected

ECAs sign on BAPCO's Sitra refinery expansion

State-owned Bahrain Petroleum Company (BAPCO) is set to close on the $6 billion expansion of the Sitra oil refinery within the next two weeks

Potential Vineyard wind participant identified

A perhaps unsurprising name is in the frame as a potential participant in the financing of Avangrid Renewables and Copenhagen Infrastructure Partners' 800MW Vineyard offshore wind project off the coast of Massachusetts

ADB invests in company targeting Indian solar

The Asian Development Bank has signed an agreement to invest $50 million in the company Avaada Energy Private, to contribute funding as the company seeks to rapidly scale up in Indian solar PV

ADB supports Mongolia solar

ADB has signed an $18.7 million loan to BOM the Sermsang Khushig Khundii (SKK) solar project – a 15MW PV plant in Mongolia

Bolero names new CEO

Trade finance platform provider Bolero International has named Andrew Raymond as its new CEO, replacing Ian Kerr

Cocobod signs $330m trade facility

Ghana’s Cocobod has today (13 March 2019) signed on a new three-year $300 million receivables-backed trade finance facility

Griffiths hired for trade role at Bibby

UK-based SME finance provider Bibby Financial Services has appointed Gary Griffiths as managing director of trade finance

India Exim Bank signs loans for DRC solar PVs

The Export-Import Bank of India has signed with the government of the DRC up to $83.11 million in loans for the development of three solar PV projects with a combined installed power capacity of 35MW in the Central African State

EBRD signs loan for Morocco renewables

The European Bank of Reconstruction and Development has signed with the BMCE Bank of Africa a €10 million loan for the purpose of onlending to renewable energy projects in Morocco

TradeIX expands team at Dublin headquarters

Trade finance focused fintech platform provider TradeIX has announced that it is expanding its Dublin headquarters with the addition of 70 new jobs

Myanmar tenders ADB-backed transmission

Myanmar’s Ministry of Electricity and Energy (MOEE) has today (18 March) invited international competitive bids to design, supply, install and commission the 286km, 230kV Mawlamyine-Ye-Dawei transmission line package

EIB’s Delia moves to AXA XL

European Investment Bank (EIB) senior banker Mike Delia has this month (March 2019) joined AXA XL as a senior underwriter in London

Osaka Gas awards EPC contract for Hirohata biomass

Osaka Gas and partner Kyuden Mirai Energy have awarded the EPC contract for the 75MW Hirohata biomass power plant in Himeji city to Nippon Steel & Sumikin Engineering

Management shuffle at Piraeus Bank

Piraeus Bank has hired Eleni Vrettou as executive general manager for its corporate and investment banking division in Athens

EIB signs loan for Palestine solar rooftop

The European Investment Bank has signed with the Palestine Investment Fund an $18 million loan for the $36 million, 35MW solar rooftops project in the West Bank and East Jerusalem

IFC to lend on Atinkou gas-fired

The IFC is to sign a €120 million loan for Eranove's 390MW Atinkou combined-cycle gas power plant in Jacqueville, near Abidjan