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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

Philippines proposes $4.4bn SWF

Filipino lawmakers have proposed a bill to establish the country’s sovereign wealth fund with an initial investment of P250 billion ($4.4bn) to support the archipelago’s economy

Maldives sounds out market for BESS

The Ministry of Environment, Climate Change and Technology has invited local and international companies and lenders to participate in market-sounding sessions for a battery energy storage system project

Debt signing and FC for Amunet and Abydos

Dubai-based renewables developer AMEA Power has signed debt packages for the $800 million, 500MW Amunet wind farm and the $500 million, 500MW Abydos solar PV in Ras Ghaeb and Kom Ombo, Egypt

Tiger secures $40m for Philippines telecoms tower

A multilateral is considering providing a $40 million loan to Filipino telecoms company Tiger Infrastructure Philippines for developing telecommunication towers in underserved regions of the archipelago country

Leeward closes financing for US solar facilities

Texas-headquartered Leeward Renewable Energy has closed financing for its Big Plain Solar facility located in London, Ohio, and its Oak Trail Solar facility located near Moyock, North Carolina

Indonesia, UK partner for emissions reduction

The British government has launched the MENTARI Energy Efficiency programme to help Indonesia reduce greenhouse gas emissions for energy efficiency in its energy sector

China awards elderly healthcare PPP

A consortium of Mott MacDonald and PwC has bagged a contract to provide technical and domestic PPP advisory for 2 elderly care facilities PPPs in central China

AIIB proposes $25m for China healthcare fund

Asian Infrastructure Investment Bank has proposed committing a $25 million investment into a fund focusing on the China’s healthcare industry

EDC launches RfP for Philippines geothermal FS

Filipino power producer Energy Development is looking for an American consultant to conduct a feasibility study on a proposed 50MW geothermal power plant in the southern Philippines.

OreCorp talks debt for Nyanzaga Gold project

ASX-listed mining company OreCorp is in talks with international, regional, and local lenders for the $400 million debt package to finance its Nyanzaga Gold Project in Tanzania

Eurazeo fund closes at €210m

Eurazeo has reached a €210 million first close on its transition infrastructure fund ETIF with commitments from several institutional investors, including a €75 million cornerstone investment from the European Investment Fund

Thailand gov initiates $7bn hydrogen plant

Thailand's government has initiated the development of a $7 billion green hydrogen and ammonia production facility with UAE-based ACWA Power

AMEA Power secures Blitta solar PV loan

The Abu Dhabi Fund for Development has signed a $25 million loan to finance AMEA Power’s expansion of the 50MW Blitta solar PV in Togo

Vinachem to exit Laos salt

Vietnam National Chemical Group is seeking investors to take over its stake in a $522 million rock salt mine in central Laos