Latest News

Eximbank-India to lend on Nachtigal hydro link up

Paul Biya, the president of Cameroon, has signed a decree authorising a $164.7 million loan from the Export-Import Bank of India to finance a 400kV line to connect the new 420MW Nachtigal hydropower plant

JM signs UKEF-backed loan for UK hydrogen push

Chemicals and technology company Johnson Matthey is set to receive a £400 million sustainable financing loan backed by UK Export Finance to bolster research into hydrogen and other sustainable tech

Aquila, TopInfra form JV for South Korea RE

German investment manager Aquila Capital has partnered with South Korea-based renewable energy company TopInfra for solar, wind, and energy storage projects in South Korea

Advisory shortlist receives Bhutan RFP

Hydropower-dependent Bhutan is diversifying its energy mix by developing a pipeline of renewable energy projects. Six advisory teams have been shortlisted and received an RFP to whittle down several potential sites

Another DFI to join Uzbek’s first utility-scale wind farm

European Bank for Reconstruction and Development on 4 May 2022 anticipates making a decision to approve a loan for a $575 million wind farm, the first utility-scale wind power plant in Uzbekistan

SN Aboitiz Power FIDs Philippines energy storage

SN Aboitiz Power is moving forward with a $28 million battery energy storage system for the operational 360MW Magat hydropower plant in Isabela

Lenders back Iberdrola PV-hydrogen project in Spain

Iberdrola has secured €88 million from the European Investment Bank and the Instituto de Crédito Oficial to develop a 20MW green hydrogen project to be powered by a PV plant

Uzbek launches RFQ for wind project

An RFQ has been issued by the Uzbekistan Ministry of Energy for a 200MW project in northwestern Uzbekistan, supported by the EBRD

Quito Metro launches O&M tender

The Ecuadorean government has opened a tender for the operation and maintenance of Quito’s first metro line, expected to enter operation in Q4 2022

Loan in place to expand German city's tram network

Verkehrsverbund Mittelsachsen – local transport authority for Chemnitz, Germany – has secured a €189 million loan from 3 lenders to finance the expansion and maintenance of the city’s tram network

EBRD extends package for Uzbek solid waste

European Bank for Reconstruction and Development is extending long-term sovereign loans of up to $120 million for solid waste management in western Uzbekistan

EXCLUSIVE Details emerge on Laos transport PPP

Financing details have emerged on the $91.5 million development of a brownfield transport PPP in Laos, the first international standard dry port in the landlocked country

Strategic investors form Asia solar energy holdco

ACEN and Berlin-based solar developer ib vogt have agreed to establish a platform to fund the construction and operation of solar power plants throughout Asia

ADB approves $143m for Bangladesh trade

Asian Development Bank has approved a $143 million loan package to support the government of Bangladesh's efforts to accelerate the growth of cross-border trade

IREDA approves $35m for EVs

State-controlled Indian Renewable Energy Development Agency has approved a loan of Rs2.68 billion to BluSmart Mobility to purchase EVs in northern India

Indian Oil, L&T, ReNew to form green hydrogen JV

State-owned Indian Oil, engineering conglomerate Larsen & Toubro and renewable energy company ReNew Power plan to set up a JV to develop the green hydrogen sector in India

Africa needs $130-170bn for infra per year – says AFC

The AFC announced in its recent rebrand – focused on “instrumental infrastructure” in Africa – that the continent’s infra investment needs runs up to $130 to 170 billion per year