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DFC takes action on Ecuador

Adam Boehler, the US International Development Finance Corporation (DFC) chief executive, has joined officials from the Republic of Ecuador – including President Lenin Moreno and Finance and Economy Minister Mauricio Pozo Crespo – to sign a framework agreement to refinance debt and support private sector investment in the country

EBRD lends on Egyptian solar with corporate PPA

The EBRD has signed with Egyptian power developer TAQA Arabia a $4.2 million loan for a 6MW solar plant located at Dina Farms in the Beheira governorate, Egypt

Proparco buttresses Engie-backed India solar

The French development finance institution signed a risk participation agreement with Asian Development Bank on a roughly $152 million solar power plant in western India

Obton acquires Polish solar

Danish investor Obton has secured financing for its acquisition of a 46MW solar park in Poland from KfW-IPEX Bank

InfraCo Africa signs investment in InfraCredit

PIDG-member InfraCo Africa has signed a $27 million equity investment in InfraCredit, a Nigerian infrastructure-focused debt guarantee provider

ADB approves Marshall Islands grant

The Manila-based multilateral development bank approved a $6.5 million grant for a solid waste management project on one of the world’s most densely populated islands

Details emerge on Zimbabwe border project deal

Further financing details have emerged regarding the recently closed $296 million Beitbridge border post upgrade PPP on Zimbabwe’s border with South Africa, situated on the Limpopo River

IDB Invest finances Honduran hydro unit

IDB Invest, the private sector arm of the Inter-American Development Bank, has approved a debt package to fund construction of a 14.8MW hydro project in Honduras

ADB approves first-of-a-kind loans

Asian Development Bank has approved pooled loans of $190 million to help the power distribution system of a city in southwest India.

Gridworks-led team named PB for DRC mini-grids

The Democratic Republic of the Congo’s Ministry for Water and Energy has named a Gridworks-led consortium the preferred bidder for the $100 million Essor A2E initiative

ADB backs Pacific Islands port

Asian Development Bank has approved a $45 million grant to rehabilitate and revitalise an international wharf at the port in Tonga’s capital

Botswana issues RFQ for Glen Valley wastewater PPP

Botswana’s WUC has issued the RFQ documents for the $100 million, Glen Valley wastewater PPP project featuring both rehabilitation and expansion works

IFC appoints new Philippines country manager

The International Finance Corporation (IFC) has appointed Jean-Marc Arbogast as the new Philippines country manager.

Uzbek announces gas-fired prequalified bidders

Uzbekistan’s Ministry of Energy yesterday (3 November 2020) shortlisted prequalified bidders for the Syrdarya combined-cycle gas turbine power PPP.

Uzbek issues RFP for Sherabad solar PPP

Uzbekistan’s Ministry of Energy yesterday (3 December 2020) shortlisted prequalified bidders for the 200MW Sherabad solar PV PPP.

EIB to support Siemens Gamesa RE

The European Investment Bank (EIB) is providing €300 million ($364m) to Siemens Gamesa Renewable Energy to fund a new research, development and innovation plan

WBG eyes China towers

A World Bank Group member is assessing whether to lend to China’s largest privately owned and independent tower company on what would be its first investment in China’s tower subsector

Bangladesh's first wastewater PPP prepares for tender

IFC and a major manufacturing hub of Bangladesh’s main export product are preparing to invite the private sector to bid on developing an $82 million wastewater PPP project in central Bangladesh

EIB to fund Ecuador's water and sanitation

The European Investment Bank will provide $60 million to improve water supply and sanitation in Portoviejo, Ecuador