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Philippines approves 7 infras worth $2.49bn

Philippines' government, led by the Macros administration, has approved 7 infrastructure projects with a total investment value of $2.49 billion

ADB signs $60.5m e-buses deal in India

The Asian Development Bank has signed a $60.5 million financing package with GreenCell Express to develop 255x battery-powered electric buses in India

INA, IFU sign agreement for Indonesia renewables

Indonesia Investment Authority has signed an investment framework agreement with the Kingdom of Denmark’s Investment Fund for Developing Countries to explore investment opportunities in renewables, water and waste management

EIB backs Renewi for European recycling plants

The European Investment Bank has loaned European waste management company Renewi €40 million to help fund new recycling facilities in Belgium and the Netherlands

EXCLUSIVE Laos cross-border onshore wind – sponsors, lenders update

Thai power producer BCPG-led consortium has narrowed down the lenders for the $900 million onshore wind power project in Laos from 14 to 9 and has welcomed 2 equity partners

Metro de Bogotá seeks loan from IDB

State-owned public transit company Empresa Metro de Bogotá has requested up to $300 million in financing from IDB Invest for the construction of Metro Line 2 in Colombia

Airtel Africa secures IFC loan

The International Finance Corporation has issued an $194 million loan to Airtel Africa to support the connection of millions of subscribers to mobile internet in 6 African countries

Mitsubishi to design Indonesia power generation unit

Mitsubhi Power has received an order for a 55MW power-generating unit comprising a steam turbine, generator and related equipment from PT Pertamina Geothermal Energy for the Lumut Balai Unit 2 geothermal power plant

Greek hospital PPP in pre-feasibility talks

The Greek Interministerial Committee for PPPs is in the pre-feasibility stage of procuring a potential PPP for a €300-500 million hospital

Lenders line up for Laos dry port PPP

Another development financial institution has joined the loan syndication to finance Laos conglomerate Phongsavanh Group's brownfield Thanaleng dry port PPP worth $91.5 million

ADB approves $300m for highway upgradation

Asian Development Bank has approved a $300 million loan to upgrade more than 300km of state highways and major district roads in northeastern India

Eight bids in for Hurghada solar plus storage

Egypt’s New and Renewable Energy Authority has announced the receipt of 8 bids for the $91 million, 20MW Hurghada solar plus storage project to be located on the Red Sea coast.

Airport PPP in Colombia gets go-ahead

The Colombian government has greenlighted the $490 million Rafael Núñez international airport PPP, with a feasibility study next on the cards

AfDB approves loan for Senegalese carriageway

The African Development Bank has approved a €166.4 million loan package for the construction of the Dakar-Tivaouane-Saint Louis dual carriageway in Senegal

India, South Korea ink Indian expressway loan

The government of India and the government of South Korea have jointly signed the Economic Development Corporation Fund loan of Rs14.95 billion to establish an intelligent transport system on an expressway in western India