Latest News

Brazilian state relaunches prison PPP

Brazilian development bank BNDES and the state of Rio Grande do Sul have relaunched the procurement process for the BOOM of the Erechim Prison Complex

Tennessee Gov signs P3 infra bill into law

Tennessee Governor Bill Lee has recently signed into law the $3.3 billion Transportation Modernization Act, which was passed by the state legislature last month

Kazakhstan enlists ADB for early coal retirement

Asian Development Bank has started a pre-feasibility study to help Kazakhstan explore opportunities to accelerate the retirement of coal and other fossil fuel plants in the country

IFC, Citi establish Malaysia presence

The International Finance Corporation has established a presence in Malaysia to support the nation's initiatives to promote sustainable growth, the DFI said today

Greek road PPPs reach FC

Greece’s Hellenic Interministerial Committee has reached financial close on 2 road PPPs with a combined cost of €650 million

Guatemalan utility to receive IFC funding

The World Bank’s International Finance Corporation will provide up to $175 million to strengthen Guatemala’s power distribution

S.Korea gov backs EV battery players

The South Korean government and electric vehicle battery makers are to jointly invest $15.1 billion through 2030 to bolster the advanced battery technology market in the country

AIIB to open first overseas office in Abu Dhabi

The Government of the United Arab Emirates and Asian Infrastructure Investment Bank have signed a host member agreement for an AIIB office in Abu Dhabi.

VLP seeks refi for Laos cross-border hydro

Viet Lao Power is seeking a $400 million refinancing package for an operational cross-border hydropower portfolio in Laos that exports electricity to Vietnam

IFC to lend on Voltalia’s Malawi solar hybrid

French power developer Voltalia has signed with the International Finance Corporation a mandate for the project financing of the 55MW Dwangwa solar project in Malawi

EBRD grants Turkish renewables loan

The European Bank for Reconstruction and Development has approved a $200 million loan to Borusan EnBW Enerji inclusive of Dutch development bank FMO funding

Vietnam's Selex raises $3m from ADB for EV bikes, batteries

Vietnam-based Selex Smart Electric Vehicles has raised $3 million in convertible notes through an investment to expand the production of electric 2-wheeler vehicles and battery packs in the country

EAIF, Proparco to lend on Raxio’s African data centres

The Emerging Africa Infrastructure Fund and Proparco are set to lend $143 million to pan-African data centre developer Raxio Group for its 11MW Tier III expansion into 7 states

BEIS considers UK CfD amendments

UK Government Department for Business Energy and Industrial Strategy is inviting input from renewable energy market participants on potential changes to the country’s contract for difference tariff scheme

AIIB clarifies role on Indonesian tourism project

Asian Infrastructure Investment Bank has again clarified that its investment in the $316.5 million Indonesia Mandalika Urban and Tourism Infrastructure Project of the Republic of Indonesia is in compliance with environmental and social standards

JM deepens hydrogen fuel cell partnership

Chemicals and tech company Johnson Matthey has expanded a strategic partnership with German hydrogen fuel cell supplier SFC Energy to collaborate on hydrogen fuel cells for stationary applications