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BB Energy refinances RCF

Energy trader BB Energy has closed on a new $245 million revolving credit facility that replaces and extends existing debt

ADB and Uzbekistan sign solar agreement

Asian Development Bank (ADB) has signed an agreement (16 August 2019) with Uzbekistan’s Ministry of Energy to be the transaction adviser on a solar energy IPP programme estimated to cost $800 million

LiquidX hires three in Singapore

Trade finance transaction marketplace LiquidX has made three hires in Singapore as it looks to launch its trade credit insurance platform in Asia

IFC to advise on Nigerian flare gas programme

The International Finance Corporation will advise the government of Nigeria on the feasibility of gas-to-market projects as part of the Nigerian Gas Flare Commercialisation Programme

EBRD to lend to Moroccan solar

EBRD is mulling a €45 million multi-currency loan for the €740 million, 800MW Noor Midelt I CSP-PV project – the first phase of the Midelt solar park in central Morocco

ADB approves Sri Lanka Railways loan

Asian Development Bank has approved a $160 million loan to modernise the operations of Sri Lanka Railways

PIDG initiative searches for CEO in Pakistan

A Private Infrastructure Development Group (PIDG) initiative developed by its guarantee arm is searching for a Karachi-based chief executive to be a catalyst to encourage the crowding in of underused pockets of liquidity in the Pakistani financial markets to fund infrastructure projects

First Marco Polo transaction with logistics partner

LBBW and Commerzbank have completed the first transaction via TradeIX’s Marco Polo digital trade finance network to incorporate the executing logistics provider involved in the deal

USTDA signs Zambian renewables hybrid grant

The US Trade and Development Agency (USTDA) has awarded a grant to Africa-focused renewables developer Upepo Energy to fund the feasibility study for a 150MW wind-solar-storage hybrid power plant in northern Zambia

Details emerge on Mejillones LNG acquisition financing

Korean and Chinese banks have provided a loan to investment fund manager Ameris Capital AGF to finance the acquisition of a 37% stake in the Chilean Mejillones LNG facility from Codelco.

TAPI pipeline sponsor calls for RFP from advisers

Turkmenistan - Afghanistan - Pakistan - India (TAPI) Gas Pipeline sponsor Inter State Gas Systems (ISGS) has invited proposals from international firms to provide commercial consultancy services on ISGS’ long-term gas import and infrastructure projects

MIGA guarantees for Egyptian wind farm

World Bank Group member MIGA will provide $122 million in guarantees for Lekela Power’s 250MW West Bakr wind farm in the Gulf of Suez, Egypt

EIB plans new energy lending policy

The European Investment Bank (EIB) announced this week (July 2019) that it plans to phase out support to energy projects reliant on fossil fuels to support the decarbonisation of Europe’s energy supply

ADB awards solid waste PPP advisory in Vietnam

Asian Development Bank (ADB) has selected a firm to advise on solid waste PPPs executed by Vietnam’s Ministry of Construction (MOC)

US EXIM Bank appoints Africa advisory committee

US Export-Import Bank (EXIM) has appointed 11 members to its 2019 Sub-Saharan Africa advisory committee – including energy and infrastructure experts James O’Brien and John Works from Baker McKenzie and Mott MacDonald