Adam Boehler, the US International Development Finance Corporation (DFC) chief executive, has joined officials from the Republic of Ecuador – including President Lenin Moreno and Finance and Economy Minister Mauricio Pozo Crespo – to sign a framework agreement to refinance debt and support private sector investment in the country
DEWA has named the Utico-led consortium the preferred bidder for its restructured 120migd Hassyan IWP project
Global renewable energy developer Ørsted aims to develop offshore wind farms with a capacity of up to 1.6GW off the country’s northwest coast
The United States International Development Finance Corporation is planning to invest $2 billion in Indonesia's sovereign wealth fund
The IFC is considering a $150 million loan to South African lender Absa Bank which will onlend the proceeds to support renewable energy projects in the country
The AfDB has announced the appointment of new country managers for seven of its member-states
UK Chancellor Rishi Sunak is set to announce plans for the creation of a new National Infrastructure Bank that looks uncannily similar to the Green Investment Bank that it sold to Macquarie in 2017.
Scottish first minister Nicola Sturgeon has today (23 November 2020) officially launched the Scottish National Investment Bank (SNIB) – UK’s first mission-led development bank
The EU and the EBRD will sign a $5 million funding package with Jordanian telecoms provider DAMAMAX to support the expansion of its fibre-to-the-premises services
The KfW IPEX Bank has today extended an €80 million loan to Austrian passenger rail company Österreichische Bundesbahnen
The TDB has signed with Italian state-owned investment bank CDP an MoU to collaborate on investment in African energy and infrastructure
A subsidiary of Atlas, which is controlled by the private equity fund Actis, is raising financing for the construction of a 359MW solar project in Brazil
The IFC and the NSIA has invited expressions of interest from consultancy firms for the legal advisory services on a 60MW solar PV programme in the West African state
The Swedish municipality of Strängnäs has this week signed a 25-year framework loan agreement to finance its investment programme for wastewater infrastructure improvements
Mabalacat Solar Philippines and Singapore-based Sindicatum Renewable Energy are partnering with Paris-based independent power producer Total Eren for 2 utility-scale solar power plants in Luzon, Philippines
Financing details of a nearly $1.2 billion power plant complex in central Uzbekistan are firming up, as the sponsor and potential lenders await the government’s notice to proceed
The IFC is considering a $20 million debt package for Seychelles-based telecoms company Intelvision Network to support a new $31.8 million submarine cable system linking the archipelago nation with East Africa
Brazilian development bank BNDES has released details on the water and sanitation project in the Rio de Janeiro state
The Brazilian state of Santa Catarina has hired BNDES to structure a pilot project for a PPP for prison units in the city of Blumenau
Hirschberg-based Goldbeck Solar has reached financial close on a roughly $60 million solar power project in central Kazakhstan
Saudi Arabia’s efforts to enforce the sweeping reforms of its economic, social, and cultural spheres is symbolised by its pursuit of singular large megaprojects – the objectives of which go to the heart of the House of Saud’s Vision 2030 initiative
As several of the Latin American countries that used to be favorites for foreign investors have become less hospitable and stable in recent months, market participants are taking a fresh look at Colombia and the opportunities it offers in power and renewables.
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