Latest News

Woodside seeks Australian ECA support for Senegal SNE field

Australian oil and gas giant Woodside Petroleum has sounded out commercial banks and ECAs including Australia’s Efic for the project financing of the $3 billion SNE Field Development-Phase 1 located in offshore Senegal, 100km south of the capital city of Dakar

Development bank loan signed to boost PPPs in Sri Lanka

A multilateral development bank has signed a $25 million loan agreement with the Sri Lanka government to support the development of PPPs in the south Asia country

DBS, Sinosure sign infra co-operation agreement

DBS has signed a co-operation agreement with China Export & Credit Insurance Corporation to support development of infrastructure in Asia, particularly in ASEAN under the Belt and Road Initiative

AFC backs Nigerian gold mine

Canadian mine developer Thor Explorations has signed a $78 million funding package with the AFC for the Segilola Gold Project in the Osun Region, Nigeria

EIB mulls support for French floating wind

The EIB is considering lending up to €50 million to the 25MW Eolmed floating offshore project off the coast of Occitanie, France.

Afghanistan seeks consultant for hydro project

The government of Afghanistan is seeking to mandate a consultant for the Kajaki Dam Phase II project having obtained funding from the World Bank's IDA

Ghana approves EPC contract for UKEF-backed airport expansion

The Parliament of Ghana has approved of a €58.9 million contract signed between the government and London-based Contracta Construction UK for the expansion of Kumasi Airport located in the Ashanti region

AMEA Power reaches financial close on Jordan solar

An AMEA Power-led consortium has reached financial close on the 50MW Al Husainiyah solar PV in the Ma’an Governorate, Jordan, supported by FMO and DEG debt

Shortlist emerges for PPP transaction adviser in Cambodia

Three teams have been shortlisted to be the transaction adviser on a PPP project in Cambodia, following a second re-advertisement request for expressions of interest last month

Credit quality up for Clifford Capital's ECA-backed PFLO platform

After more than eights months in the market, the portfolio credit quality of Singapore-based Clifford Capital's project finance collateralized loan obligation platform has improved, according to a credit rating agency

EBRD seeks consultant for Lebanese wind/solar

The EBRD has invited bids from advisory firms for consultancy roles on tenders for up to 400MW of wind energy and 300MW of solar PV

Zambia picks winners for KfW's GET FiT solar tender

KfW and the government of Zambia have awarded six solar PV IPPs with a combined installed power capacity of 120MW to three consortia under round 1 of the country’s GET FiT programme

JICA supports Palau's first major infra PPP

Palau International Airport’s special purpose vehicle have signed a loan for the $31.4 million expansion project at the Pacific archipelago’s only international airport

COO appointed for OPIC

Ryan Brennan has been appointed COO of the US government’s development finance institution OPIC, having previously served as vice-president for the office of investment policy

IFC to advise on Vietnam medical centre PPP

The International Finance Corporation has been named as transaction adviser on the Ho Chi Minh City medical training and outpatient centre PPP

Lebanon nears decision on FSRUs

Lebanon’s Ministry of Energy and Water has confirmed that it is intending to name a preferred bidder for the contract to supply three floating, storage and regasification units (FSRUs) by the end of April 2019

Total/Guanghui sign LNG SPA

Total and Guanghui International Natural Gas Trading, a subsidiary of Chinese energy company Guanghui Energy, have signed a long-term sales and purchase agreement

RFP out for IFC's Scaling Solar in Ethiopia

Ethiopia’s Ministry of Finance has released the RFP for the Scaling Solar tender it is running with the IFC