Latest News

EBRD backs Poland’s largest solar PV

The European Bank for Reconstruction and Development (EBRD) is lending PLN 212 million ($49m) to the special purpose vehicle (SPV) Stigma Sp. z o.o. for the construction and operation of Poland’s biggest solar PV plant in Zwartowo

ADB to gain more exposure to India solar

Asian Development Bank (ADB) has approved an Rs4.063 billion ($53.8 million) non-sovereign loan for an 80MW solar PV plant in Gujarat

Apicorp given A2 sustainability rating

Ratings agency Moody’s has assigned Apicorp an A2 rating in its ESG Solutions report, making the DFI the first such MENA-based institution to receive a solicited sustainability rating

Iceland sets tender date for road PPP

Vegagerðin (Icelandic Road and Coastal Administration - IRCA) is set to formally launch the tender for the Ölfusárbrú PPP project this November, having concluded a market sounding

GAIL, Hindustan Petroleum pump Rs170 billion in Bengal CNG infra

Gas Authority Of India (GAIL), Bengal Gas and Hindustan Petroleum (HPCL) will be investing Rs170 billion ($2.23 billion) during the next 5 years in various compressed natural gas (CNG) projects in West Bengal

Oz federal gov to back 3 CCS projects

The Australian federal government has pledged A$67 million in funding to 3 carbon capture and storage (CCS) projects to further the administration's emissions reduction strategy

Solarpack taps IDB for Colombian solar debt

Spanish renewables developer Solarpack has requested $78 million in financing from IDB Invest for 2 Colombian solar PV assets

AMEA Power steps into green hydrogen market

Egypt’s General Authority for Suez Canal Economic Zone (SCZone) has signed an an MoU with Emirati renewables developer AMEA Power for the development of a green hydrogen project in Ain Sokhna

UK-India free trade deal negotiations underway

Prime Minister Boris Johnson has made a two-day visit to India in the hopes of clenching a free trade agreement (FTA) with India worth £28 billion

Philippines geothermal advisers receive RFP

Asian Development Bank has shortlisted advisers to study and provide de-risking strategies for pre-development geothermal power projects in the Philippines

IsDB signs big Senegalese infra loan

Senegal’s Ministry of Economy, Planning and Cooperation (MEPC) has signed a $386.3 million debt package with the Islamic Development Bank (ISDB) to finance several infrastructure projects in the West African state

Sunseap plans another cross-border solar

Singapore-headquartered Sunseap has mulled a second cross-border solar PV electricity import from Indonesia to the Lion City

EXCLUSIVE Details emerge on loan to Pakistan utility

Additional details have come to light about FMO and Proparco's $100 million syndicated facility to support a Pakistani power company, following the signing earlier this month by the Dutch development bank and Agence Française de Développement's (AFD) private sector financing business

DFI approves sovereign loan for Uzbek water

Asian Infrastructure Investment Bank (AIIB) has approved a $248.4 million sovereign loan for the second phase of a water supply and sanitation project in Bukhara

Indonesia pumped-storage hydro's financing in sight

Two multilaterals have approved a combined $610 million in loans to Indonesian state-owned electric utility Perusahaan Listrik Negara (PLN) for a $755 million pumped-storage hydropower plant in West Jawa

BayWa taps Thailand solar C&I

Germany-based BayWa re has stepped into Thailand’s solar C&I sector with a 2.83MW floating solar power plant