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Atlas closes debt for Brazilian solar

Actis portfolio company Atlas Renewable Energy has closed financing for a 359MW solar project in Brazil

DFC partners with Shell on renewables

The US International Development Finance Corporation (DFC) and Shell Foundation today announced a new collaboration to bring affordable renewable energy to more than 5 million people in low-income areas of Africa and Asia by 2025

Life insurer digests entire ADB education bond

Chiyoda City, Tokyo-headquartered Dai-ichi Life Insurance purchased the entire education bond from Asian Development Bank (ADB) – the multilateral’s first in the sector.

Qatar to proceed with world’s largest LNG project

Qatar Petroleum has taken the final investment decision on developing the North Field East (NFE) project – the world’s largest LNG project.

UK warns to cease Libor loans from April

UK government advised lenders not to extend Libor loans from this April, with the benchmark slated to be phased out completely by the end of the year

Motel steps up at Commerzbank

Jörg Motel has stepped up to the role of global head of product management trade finance at Commerzbank, operating out of the Frankfurt office

UK debates EU trade

Committee Chairs from the Welsh Parliament, Scottish Parliament and House of Commons will tomorrow share their experiences of the common frameworks programme to date, with the House of Lords Common Frameworks Scrutiny Committee

DBP to finance Philippines' waste PPP

Philippines' Department of Environment and Natural Resources (DENR) has tapped the Development Bank of the Philippines (DBP) for the financing of up to 300 sanitary landfills across the country

Kenyan micro projects gather pace

Kenya Power and Lighting Company (KPLC) has launched a call for tenders for the hybridisation of 23 diesel mini-grids with plans to retire diesel generation with solar and wind power

Westpac seeks buyer for non-core asset

Australia’s oldest bank Westpac has started the search for a buyer for it’s superannuation business BT Super as a part of its strategy to off load non-core assets to focus on banking

DFIs invest in India health PPPs

Asian Development Bank (ADB), Danish development finance institution Investment Fund for Developing Countries (IFU) and DCDC Healthcare Services (DCDC) signed agreements for a combined $21.5 million in equity to increase DCDC’s capacity to provide renal treatment services in India.

DFIs lend on Yellow Door’s Jordan solar fleet

Three DFIs have signed with Dubai-based solar developer Yellow Door Energy a $31.2 million debt package for an eight-strong solar power plant portfolio comprising 48.3MW of installed power capacity

EBRD signs pandemic loan to Tunisia’s STEG

The EBRD has signed with Tunisia's energy utility STEG a €300 million loan to support Tunisia’s energy sector through the Covid-19 pandemic

AGTB scores trade finance first

The world's first digital trade finance bank based in the UAE – Anglo-Gulf Trade Bank (AGTB) – has chosen Fenergo, a provider of digital Client Lifecycle Management solutions (CLM) to deploy its CLM platform.

KfW IPEX moves up Bevc

KfW IPEX has made up infrastructure veteran Christian Bevc to global head of its syndications and treasury division.

DFIs express concern about Myanmar

Development finance institutions are responding to the coup d'état that started on Monday morning in Myanmar

DBSA launches green bond

The DBSA has issued a €200 million bond through a private placement with the French Development Agency

Barbados airport PPP delayed

The government of Barbados and Grantley Adams International Airport have announced that the RFP for the concession to expand and improve operations at the airport will not be launched before April 2021 due to the impact of COVID-19

Ebong scoops top USTDA role

President Joseph R Biden has named Enoh T Ebong as the acting director of the US Trade and Development Agency

IDB signs Chilean genco securitization deal

IDB Invest has signed a deal to support a group of Chilean power producers affected by a power price freeze through the securitization of receivables