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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

AfDB signs loan for rural sanitation in Egypt

The AfDB has signed with the government of Egypt a €108 million loan to improve sanitation infra and services for rural communities in the Luxor Governorate

JBIC and DTP acquire Hornsea 1 transmission assets

Ørsted and Global Infrastructure Partners have sold the transmission assets on the 1.2GW Hornsea 1 offshore wind farm to JBIC and Diamond Transmission Partners Hornsea One for £1.1 billion

AfDB approves loan for ACWA Power’s Kom Ombo solar PV

The AfDB has approved a $27.2 million loan for the $156.4 million, 200MW Kom Ombo solar PV being developed by Saudi power and water developer ACWA Power in Egypt.

Tabreed and IFC to set up district cooling platform

Emirati district cooling developer Tabreed and the IFC are planning to establish a district energy investment platform based in Singapore

Trade finance tech release

Less than six months after launching the Open Market Discovery module, Swedish fintech Mitigram is releasing its latest – and to date biggest – add-on to their Trade Finance platform: TxM - Transaction Manager, a solution that will allow corporates to manage all their Trade Finance Transactions in one application

Golomoti solar PV to include energy storage

The sponsors of the $27.7 million, 20MW Golomoti solar PV in Dedza, Malawi has announced that it will finance and build a 5MW battery energy storage system at the site

BNDES finances Casa dos Ventos wind farms

Brazilian renewable power producer Casa dos Ventos has closed a loan with the country’s development bank BNDES to fund 2 wind farms.

BBVA to finance Uruguay energy efficiency projects

BBVA Uruguay has issued the first private sustainability bond in Uruguay, the proceeds of which the lender will use to finance energy efficiency projects, among other investments.

DFC boosts Indian support

The US International Development Finance Corporation (DFC) has announced the second disbursement of a $50 million loan to Northern Arc Capital to expand access to loans in several priority sectors across India

Advisers receive RFP on Mongolia renewables

The government of Mongolia requested advisory teams to submit proposals to assist with the development of renewable energy.

Solaria secures financing for 150MW

Spanish solar developer Solaria has secured long term project financing to build a 150MW solar portfolio

Indonesia's satellite PPP reaches FC

Indonesia's first multi-function satellite PPP Satria Satellite has achieved financial close, announced Indonesia's Communication and Information Technology Minister Johnny G Plate

World Banks stops payment for Myanmar projects

The World Bank has halted payments for projects in Myanmar on withdrawal requests made due to the military coup of 1 February

Minister celebrates financial closures

Pakistan’s energy minister marked the financial closures worth nearly $150 million of a renewable energy project in the country's most populous province and a portfolio of projects in Sindh

HSBC takes first place on the cloud

HSBC has become the first financial institution to move software firm R3’s blockchain platform Corda Enterprise on to Google Cloud

Mitsubishi to exit Vietnam coal

Japanese trading house Mitsubishi plans to withdraw from a roughly $2 billion coal-fired power plant complex on Vietnam's southeast coast

Solaria secures financing for 150MW

Spanish solar developer Solaria has secured long term project financing to build a 150MW solar portfolio

ADB appoints new sustainable development DG

The Asian Development Bank has appointed Bruno Carrasco as the director general and concurrently chief compliance officer of the sustainable development and climate change department.