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Atlas closes debt for Brazilian solar

Actis portfolio company Atlas Renewable Energy has closed financing for a 359MW solar project in Brazil

Finzly to Fulton Bank’s rescue

Finzly – a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening – has announced that Lancaster, Pa.-based Fulton Bank has gained significant operational efficiencies in its foreign exchange initiatives through the use of its FX STAR and EXIM STAR solutions

EAIF is sole lender on Pâ solar IPP

PIDG-member Emerging Africa Infrastructure Fund will be the sole lender on a €29 million debt package for the €35.4 million, 30MW Pâ solar IPP in southwestern Burkina Faso

IDB, IRENA seek to spur renewable investment in LatAm

The Inter-American Development Bank (IDB) has partnered with the International Renewable Energy Agency (IRENA) to improve access to financing for renewable energy investments in Latin America and the Caribbean

Germany and Saudi Arabia sign hydrogen MoU

Representatives of the German and Saudi governments have signed am MoU on the production and use of hydrogen during a German-Saudi virtual session

IFC mulls investment in African digital infra fund

The IFC is considering a $25 million equity investment in Convergence Partners Digital Infrastructure Fund – an Africa-focused digital infra vehicle

IFC lends on Metito’s water efforts

The IFC has signed a $20 million debt package with Emirati infra developer Metito to support the company’s water and wastewater business across MENA and Sub-Saharan Africa

EIB to finance Crete-Attica

The Independent Power Transmission Operator (IPTO) has received €200 million ($237.9 million) in financing from the EIB for the Crete-Attica interconnection project.

More DFIs stop payments to Myanmar projects

More development finance institutions (DFIs) have stopped payments to infrastructure projects in Myanmar, as protests continued to escalate one month (February 2021) after the coup d'etat

Sunfunder closes on Solar Energy Transformation fund

Africa-focused SunFunder has completed its oversubscribed $70 million Solar Energy Transformation fund after the latest investment from Austria’s OeEB

WB's $86m grant for Vietnam energy efficiency

Vietnam's government has received a $86.3 million grant from World Bank to develop a commercial financing market for industrial energy efficiency investments.

Chile to award Alameda-Melipilla train concession

Chile’s state-owned company Empresa de los Ferrocarriles del Estado de Chile (Grupo EFE) will award a contract for the implementation of a passenger train service Alameda – Melipilla

World Bank to lend on Egyptian railway safety project

The World Bank has approved a $440 million loan for the government of Egypt’s $681.1 million railway modernisation programme to improve safety and service quality

IFC advising Somalia on PPP framework

The IFC is currently advising the government of Somalia on a legal and institutional framework for the implementation of PPPs in Somalia

Procurer extends deadline on Uzbek Solar 2

The government of Uzbekistan extended the deadline for prequalified bidders to submit proposals on 2 solar PV projects totaling at least 400MW in central Uzbekistan