Latest News

ADB lends support to Mongolia’s green drive

Asian Development Bank approved a $448 million investment program to support the green and inclusive development of Mongolia’s aimags and soums

IFC backs Bank One for Africa climate resilience

The International Finance Corporation has struck a partnership with Bank One to help it manage climate-related financial risks on infrastructure projects in Mauritius and wider sub-Saharan Africa

EnBW makes FID on German wind with investors

German utility Energie Baden-Württemberg has taken a final investment decision on its 960MW He Dreiht Offshore Wind Farm following the sale of a 49.9% stake in the project to investors

Norway’s Scatec breaks ground on Brazilian solar

Norwegian renewables provider Scatec has made the first drawdown under a $240 million non-recourse loan facility to partly finance the 531MW Mendubim solar project

Netherlands plans wind-hydrogen tender

The Dutch Ministry of Economic Affairs and Climate Policy has unveiled plans to procure electrolyser capacity coupled with wind generation in the country's first competitive tender process for the mix

UK Gov funds major broadband roll-out

The UK Department of Science, Innovation and Technology has made a £69 million cash injection into a large-scale broadband roll-out under the Government's Project Gigabit scheme

BII commits to Meridiam fund

The British International Investment, the UK's development finance institution and impact investor, has committed €20 million commitment to The Urban Resilience Fund (TURF), launched by Meridiam

GuarantCo closes syndication deal for Africa, Asia infra

GuarantCo has closed its first syndication transaction via the credit insurance market to help guarantee infrastructure projects in lower income countries in Africa and Asia

ACWA Power to develop Uzbekistan solar, BESS

ACWA Power has signed 3 PPAs and investment agreements for the development of 1.4GW of solar and 1.5 GWh of battery energy storage systems in Uzbekistan

EXCLUSIVE Beleaguered Irish justice PPP – update

The Irish Ministry of Justice’s Hammond Lane Family Law Court complex PPP is to be procured as 2 tenders

Netomnia secures financing for UK fibre

UK altnet Netomnia, in conjunction with internet service provider sister-company YouFibre, has secured a £230 milliondebt finance package to fund a 2-year full fibre roll-out across the UK

IFC to fund Dhiraagu submarine cable project

The IFC has agreed to provide $19.1 million to Dhivehi Raajjeyge Gulhun Private to turn the Maldives into a global digital hub

Indonesia plans nuclear plant with US support

Indonesia plans to develop a nuclear power plant with a potential capacity of 462MW in West Kalimantan with funding and technological support from the United States government

EBRD signs EBL for Egypt Green Hydrogen

The European Bank for Reconstruction and Development has signed an $80 million equity bridge loan for the 100MW Egypt Green Hydrogen project

UK allocates £205m for CfD round 5

The UK government has confirmed a budget of £205 million for the fifth round of the contract for difference tariff allocation

IFC in frame for Nuru’s Congolese solar hybrid

The International Finance Corporation is considering a $10 million equity investment into Africa-focused power developer Congo Energy Solutions to finance 15MW of solar hybrid mini-grid projects in the Democratic Republic of Congo

EXCLUSIVE Khan Bank prints Mongolia’s first green bond

Mongolia’s largest commercial financial institution, Khan Bank, is raising $60 million from a 5-year green bond, which will be the first such offering from the country

Leeward Renewable Energy closes solar financing

Leeward Renewable Energy has closed an $180 million commitment from MUFG Bank and Wells Fargo for a 200MW Horizon Solar Facility located in Frio County, Texas