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USDOT announces port grants

The US Department of Transportation will award $220 million in funding to improve port facilities in 15 states via the Maritime Administration’s Port Infrastructure Development Program

EBRD set to lend on Kom Ombo solar PV

The EBRD will sign with Saudi power and water developer ACWA Power two loans with a combined value of $54 million for the $155.4 million, 200MW Kom Ombo solar PV

EIB supports smart meter rollout in Ireland

The European Investment Bank and Ireland's state utility Electricity Supply Board have signed a loan facility to support the roll out of 2.4 million smart meters around the country

Peruvian road reaches FC

Australian infrastructure investor IFM’s Aleatica has reached financial close on one of the most important toll roads in Peru, Red Vial No. 4 (Road Network No. 4, RV4)

Adesina retained as AfDB president

The Board of Governors at the AfDB has re-elected Akinwumi Adesina as president of the bank following a virtual meeting at the 2020 Annual Meetings – Adesina will retake office in Abidjan to serve a second five-year term at the helm of the DFI

Malaysia throws cross-border HSR a lifeline

The project company on Malaysia's side of the roughly $15 billion Kuala Lumpur-Singapore high-speed rail PPP project this week launched 2 advisory tenders for the long-delayed project

Financing details emerge on German road FC

IJGlobal has learned that the short-term debt on the long awaited A49 PPP in Germany was procured from 4 European banks

USTDA partnering on smart cities

The US Trade and Development Agency will partner with Vietnam's Ho Chi Minh City for smart cities project. 

Santander hires TF heavyweight

Bertrand de Comminges has joined the Santander illiquid assets team as global head of trade finance investments, operating out of Madrid

German road PPP reaches FC

The Strabag/Meridiam JV has brought the long-delayed A49 motorway PPP to financial close after a contentious tender process which stretched over 2 years

Eranove’s Dibwangui hydro project makes ESG progress

Africa-focused power developer Eranove has announce that its 15MW Dibwangui hydro IPP in Gabon is the first such hydropower scheme in Francophone Africa to meet international sustainability standards as per an ESG assessment report

Development agencies to fund Libyan solar PV

USAID is partnering with the United Nations Support Mission in Libya, the UNDP, the World Bank, and the Libyan Local Investment and Development Fund to finance a backup energy generation project in Libya

Vietnam cancels ADB loan for HCMC MRT 2

Vietnam’s Deputy Prime Minister Pham Binh Minh has agreed to cancel the ADB $390 million loan before maturity for the Ho Chi Minh City Mass Rapid Transit

Dentons’ German TF hire

International law firm Dentons has hired Albrecht Conze to join its Berlin office where he will advise German businesses on investing in Africa

Burkina Faso and MCC sign energy access agreement

The government Burkina Faso has signed with the US government’s MCC have signed a $450 million compact agreement to increase access to electricity in the West African state

Hong Kong awards airport expansion

Hong Kong International Airport’s operator has selected a JV between Balfour Beatty and Jardine Matheson to work on the $18.26 billion Three-Runway System project, following the signing of 5-year loan facilities

Financiers emerge on India transport loan

Asian Development Bank has approved a sovereign loan to finance the construction of a $3.94 billion rapid transit system for India’s national capital region

Lima Airport Partners awards EPC contract

Lima Airport Partners has awarded the consortium Inti Punku the contract to build the second runway at the Jorge Chávez international airport, in Lima, Peru