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Collingwood joins Finverity

Finverity, the mid-market supply chain finance platform with a focus on emerging markets, has made Alex Collingwood head of corporate sales and origination

Mongolia mandates renewable energy adviser

A joint venture of international advisers has agreed to assist with Mongolia’s development of renewable energy.

DFI recruits floatovoltaics adviser

Asian Development Bank (ADB) has invited expressions of interest from consultancy firms to assist the bank’s work on a policy framework with the implementing agency to develop floating solar projects on the largest lake in the Philippines

EAIF and Proparco lend on biomass project in Côte d'Ivoire

Proparco and the EAIF have together signed up to €165 million in loans and $13 million in grants for the €228 million 46MW Biovea biomass power plant in Aboisso, 100km east of Abidjan

Gap Fund cities announced

The City Climate Finance Gap Fund has opened up the second round of cities to receive free technical assistance to prepare bankable urban climate projects

DFI considers loan for India water and hospital

The World Bank Group member IFC anticipates that its board of directors on 10 July 2021 will consider approving a green loan of up to $150 million (in Indian rupee equivalent) to the Kerala Infrastructure Investment Fund Board

World Bank invites consultancy bids for Kenyan road PPP

The World Bank has invited expressions of interest from consultancy firms to support the Bank’s due diligence on the €1.3 billion Nairobi-Nakuru-Mau road PPP project in Kenya

BNDES to finance hybrid solar project

Brazil’s national development bank BNDES has approved a debt package to support the development of a 68MW solar park in the state of Piaui, which will be part of a hybrid complex.

FMO lends on GreenYellow’s Burkinabe solar IPP

FMO has signed with French renewables developer GreenYellow a €21 million debt package for the €27.11 million, 30MW Nagréongo solar IPP project near Ouagadougou, Burkina Faso

IFC approves loan for Kenyan LPG terminal

The IFC has approved a $15 debt package for Mobasa Gas Terminal’s $23 million development of a liquefied petroleum gas terminal at the Port of Mombasa, Kenya

Uzbek chemical signs financing MoU

Four parties today signed a memorandum of understanding for the financing of a more than $2.8 billion chemical complex using methanol-to-olefins technology in central Uzbekistan

Concession agreements signed for Congolese solar-hybrid

A Gridworks-led consortium has signed 3 concession agreements with the government of the Democratic Republic of Congo for the $100 million Essor A2E project in the Central African state

Chile secures IDB loan for decarbonization

The Inter-American Development Bank (IDB) has approved a $50 million loan to support Chile’s decarbonization strategy

FoundOcean bags Taiwan OSW contract

Scottish offshore construction company FoundOcean has won the contract to supply the foundation grouting for a 100-turbine offshore wind farm in Taiwan as the company transitions into renewables

Multilateral recruits Sri Lanka solar adviser

The World Bank seeks a consultancy firm to assist on a Sri Lanka solar PV programme, noting the country needs to add 3.7GW of renewable energy capacity during the next 2 decades

Colombia preps pair of substation tenders

Colombia’s Mines and Energy Planning Unit (UPME) is planning to launch two separate procurement processes for a pair of substations and related transmission lines in the country.