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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

UKIB makes advisory director hire

The refinance of UK service stations group Moto has closed with Universities Superannuation Scheme and CVC as a minority shareholder securing pricing that they are surely delighted with

PNE inks MoU for Vietnam offshore wind

German wind developer PNE AG has progressed a $4.8 billion offshore wind power project with a combined capacity of 2GW in south-central Vietnam by entering an MoU with the Vietnamese government

Myanmar, Russia join hands for nuclear

The Junta-controlled Myanmar government has partnered with the Russian government for nuclear energy with plans to develop a 10MW nuclear power plant in the next 5 years

Kyrgyzstan, Rosatom ink on nuclear

Kyrgyzstan’s Ministry of Energy and Russian state corporation Rosatom Energy Projects have signed an agreement for the construction of a nuclear power plant in the central Asian nation

TDB closes $600m syndicated mining transaction in Congo

The Eastern and South African Trade and Development Bank took on the role of mandated lead arranger to close a syndicated $600 million copper and cobalt development financing facility with Trafigura.

Atlas Renewable's 300MW Mexican solar goes live

Atlas Renewable Energy has thrown the switch on its 300MW Mexican solar PV plant – La Pimienta in the state of Campeche – which is now fully operational

US-Philippines alliance for geothermal, nickel and cobalt

The US government has launched initiatives with the Philippines to support the country with meeting climate action, energy security and sustainable infrastructure goals

AIIB selects consultant for Tajikistan road

Asian Infrastructure Investment Bank, on behalf of the government of Tajikistan, has selected a consultant to assist in preparing package 3 of the Obigarm – Nurobod road project in the Central Asian nation

Hitachi wins Philippines rail contract

Hitachi Rail has secured an $814 million contract for the new commuter railway project in the Philippines.

BIWASE progresses Vietnam WTE

Development financial institutions have approved a $20 million loan to Vietnamese water supply company Binh Duong Water-Environment for a waste management and energy efficiency project in southern Vietnam

AfDB approves equity for Evolution Fund III

The AfDB has approved of a $20 million equity investment in Evolution III, an Africa-focused energy and infra fund managed by Cape Town-based Inspired Evolution

Mozambique invites RFQs for solar IPPs

Mozambique’s Energy Regulatory Authority has launched the tender for 60MW of solar independent power projects at 2 sites in the Southern African state

Japan pledges $500m to Indonesia's energy transition

The Japanese government has pledged $500 million to Indonesia to accelerate the country’s energy transition by expanding renewables and grid network capacities

EXCLUSIVE Vietnam onshore wind – lenders, advisers revealed

The consortium of Filipino power producer ACEN and Vietnam-based BIM Group is near signing the debt package for a $155 million wind power project in south-central Vietnam

EBRD to increase Infinity stake

The European Bank for Reconstruction and Development has announced a $41.5 million equity investment to increase its stake in Egyptian renewables developer Infinity

IFC appoints new regional director in Lagos

The International Finance Corporation has appointed Dahlia Khalifa as regional director for Liberia, Nigeria, Sierra Leone and the Central Africa region

IDB, World Bank to finance Chilean green hydro

The Inter-American Development Bank and the World Bank have committed up to $750 million in green hydrogen financing in Chile

SSEF holds final close at €220m

EIB-backed Solas Sustainable Energy Fund has reached final close with €220 million of institutional investor commitments