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Sharjah approves water project, UAE

The emirate of Sharjah has approved the AED261 million ($71m) Al Mudina Tank project.

AMEA Power signs PPA for Grand Bara solar hybrid IPP

Emirati renewables developer AMEA Power has signed a 25-year PPA with utility Electricité de Djibouti for a 25MW solar plus storage project in Grand Bara

Korea, Oman partner for green energy transition

The Sultanate of Oman and South Korea have agreed to cooperate in achieving carbon neutrality and promoting green industries in both countries

Lenders line up for BCI's salt and potash, Oz

Australia resources company BCI Minerals has lined up lenders for its renewable-powered salt and potash project in Western Australia, followed by a $417m debt package from 2 government-owned lenders

Singapore prints $2bn 50-year infra bonds

The Government of Singapore has priced $2.06 billion of due-August 2072 bonds, adding to the existing $1.8 billion in green notes which were issued last year

Santa Catarina state tenders park PPP

Brazilian development bank BNDES and the China Development Bank have signed a $500 million loan agreement to finance projects across Brazil

IDB Invest to fund Paraguay hospital

IDB Invest is set to provide a $105 million loan for the construction and operation of a hospital in Paraguay – the Centro Medico Jerovia

Otovo increases debt facility to €100m, Austria

European Distributed Energy Assets – the wholly-owned subsidiary of Otava – has secured approval for a credit facility extension from €50 million to €100 million

Philippines greenlights 3 infra projects

The National Economic and Development Authority of the Philippines has labeled 3 infrastructure projects in the pipeline as Infrastructure Flagship Projects – worth an estimated $1.46 billion

EXCLUSIVE Seraya Partners preps close of first fund, APAC

Singapore-headquartered Seraya Partners, the Asia-Pacific focused infrastructure fund manager, is nearing the close of its first main fund, IJGlobal understands

NC rejects unsolicited proposal for I-77 expansion

North Carolina Department of Transportation has rejected an unsolicited proposal from Cintra to develop tolled express lanes on I-77 from Charlotte to South Carolina

Standard Bank confirms Eastcastle debt, DRC

Africa-focused mobile telecoms firm Eastcastle has signed a $32 million facility with Standard Bank to bring the total debt for its $208 million mobile network towers project in the Democratic Republic of the Congo up to $92 million

Baggao holds submission of bid proposals for water PPP

The Local Government Unit of the municipality of Baggao, Cagayan, held the submission of bids for the Baggao Water Supply Joint Venture Project in Quezon City

EBRD mulls loan for Mongolian hospital build

The European Bank for Reconstruction and Development is considering a $43.2 million loan for the construction of a general hospital in Darkhan, Mongolia

Lenders line up for CT II at Damietta port

Five lenders will participate in a $455 million debt tranche for the Damietta Alliance’s $665 million second container terminal project at Damietta port in Egypt

MGT Teesside secures UK biomass funding

MGT Teesside, a 50:50 JV of Macquarie and Danish pension group PKA, has secured £80 million super senior facility as part of the financial restructuring of the 299MW Tees Renewable Energy Plant in the north east of England

ADB approves $45m for Lao health sector

Asian Development Bank has approved $45 million for strengthening the healthcare sector in 16 districts across 10 provinces in the Lao People’s Democratic Republic

BNDES re-tenders national park concession

Brazilian development bank BNDES has re-launched the auction for the Chapada dos Guimarães National Park after a ruling from Brazil’s federal audit court

PAD-RES secures funding for Polish solar farms

Clean energy developer PAD-RES said Monday it has closed a financing agreement with the Polish Development Fund for 2 solar farms.