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EBRD launches GEFF in Armenia to support SMEs

The EBRD has launched a new Green Economy Financing Facility (GEFF) in Armenia that will support SMEs in funding investments in green technologies

Bloomberg's Climate Finance Leadership Initiative launches

UN Secretary-General's Envoy for Climate Action Michael Bloomberg has launched the Climate Finance Leadership Initiative, with six influential finance sector leaders as founding members

Mainstream secures trade finance loan

Mainstream Renewable Power has secured a euro-denominated corporate trade finance loan to fund sponsor equity associated with its 1.3GW Andes Renovables portfolio in Chile as well as early-stage development costs globally

Petrobras resumes sale of TAG pipeline

Petrobras announced on 17 January that it has resumed the process to sell 90% of its pipeline subsidiary Transportadora Associada de Gás

ADB to fund Kazakh Shu solar

Asian Development Bank has approved funding for the $121 million Shu solar power plant in south east Kazakhstan

MUFG to acquire TPS from GE Capital

As part of General Electric’s divestment of assets held by GE Capital, MUFG Union Bank has agreed to acquire Trade Payable Services (TPS) for an undisclosed sum

JICA signs funding for Côte d’Ivoire road projects

The Japan International Cooperation Agency (JICA) has signed agreements to finance two road projects in and around Côte d’Ivoire's capital city Abidjan

World Bank to provide guarantees for Argentine RE

The World Bank will provide up to $250 million in guarantees to support projects from the Argentine renewable energy programme, the RenovAr round 2 tender

O&M bids invited for Etihad rail stage 2

UAE’s Etihad Rail has invited pre-qualification bids for an O&M contract for the second stage of the country’s $11 billion national rail project

PPP specialist joins ADB

Sheharyar Chughtai has joined Asian Development Bank as a PPP specialist

EBRD funds Talimarjan CCGT expansion

The EBRD will provide Uzbekenergo with an up-to $240 million loan – its largest financing in Uzbekistan – to expand the capacity of the Talimarjan power complex (TPC) in Kashkadarya

EBRD shuffles regional heads

The EBRD named new regional heads for the Caucasus as well as Romania and Bulgaria in January 2019

AfDB and EC to fund Sub-Saharan projects

The African Development Bank and European Commission have signed co-financing agreements for a €399 million power interconnection project between Cameroon and Chad, and a €79 million fibre optic scheme in Niger and Chad

AfDB invests in Climate Investor One platform

The African Development Bank has approved a $32.5 million investment in the emerging markets renewable energy infrastructure-focused Climate Investor One platform, managed by Netherlands-based Climate Fund Managers

New banking head for EXIM Thailand

Export-Import Bank of Thailand announced today the appointment of Pornsuree Thaisriharaj as senior vice-president of banking, effective immediately

Trans Adriatic Pipeline reaches close

The sponsors of the Trans Adriatic Pipeline project, which will deliver natural gas from the Greece/Turkey border to Southern Italy, have today confirmed it has reached financial close

AIIB to establish $500m bond portfolio

The Asian Infrastructure Investment Bank (AIIB) is to set up a $500 million infrastructure company bonds portfolio

AfDB and EBRD co-sign loan for Tunisian wastewater

The AfDB and EBRD have co-signed a €150 million ($172 million) loan to Tunisia’s Ministry of Development (MDICI) and National Office of Sanitation (ONAS) to finance sanitation infrastructure across the North African state

World Bank finances Sindh solar

World Bank and Pakistan have signed a $97 million financing package for a 400MW solar project to increase solar power generation and access to electricity in Sindh province

DFIs back Belgrade airport financing

Vinci Airports has reached financial close on its 25-year project to finance, operate, maintain, extend and upgrade the terminal and runways of Serbia’s Belgrade Nikola Tesla Airport