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Kazakhstan’s first PPP reaches financial close

The project company of a 66km ring road around Almaty, Kazakhstan has reached financial close on a $585 million debt financing, following nearly 7 months of clearing conditions precedent

DFI mulls Uzbekistan water

A development finance institution has passed an initial review of a $488.8 million water supply and sanitation project in western Uzbekistan, benefiting 1.25 million people

ADB signs non-sovereign loan to Bangladesh solar

Asian Development Bank has signed a nearly $20 million financing package with the independent power producer of a 35MW solar PV park in central Bangladesh – one of the first private sector solar projects in the country to be financed by multilateral institutions

Van Mierlo to step down as CEO of FMO

Peter van Mierlo has announced that he will step down as chief executive officer of Dutch debt finance institution FMO after two years in the role

BMO's Nesbitt heads to CCC

BMO Capital Markets' head of corporate banking in Asia, Peter Nesbitt, has returned to Ottawa to lead the Canadian Commercial Corp's international finance strategy, including working with ECAs, infrastructure funds and project finance lenders to support Canadian exports

FC for Finland’s first social infra PPP

A Meridiam-led consortium reached financial close on the Espoo Schools PPP project in Finland, the first social infrastructure deal to make it over the line in the country

AfDB to sign grant for Ethiopia-Sudan rail link

The African Development Bank has approved a $1.2 million grant for the government of Ethiopia to complete the financing of a $3.4 million feasibility study for a 1,522km standard gauge railway link between Addis Ababa, Ethiopia and Port Sudan on Sudan’s Red Sea coast

EIB loan for Czech social and transport infra

The EIB has made a $86m loan to the Pardubice Region of Czеch Republic for the development of education, transport and healthcare infrastructure

DFI loan to support Ecuador energy diversification

The Inter-American Development Bank is arranging a $280 million debt package for Ecuador to diversify and improve the country’s energy matrix and boost renewable energy sources

IDB launches green label for transmission lines

IDB Invest has announced a plan to certify certain transmission line projects as "green" in order to attract additional investment into the sector

Turkish bank’s TF first

İşbank and Commerzbank have jointly run an international trade finance transaction based on distributed ledger technology

New trade finance CFO at komgo

komgo has named Kris van Broekhoven as its new CFO – effective from the start of June – having been on the trade finance blockchain platform’s board for the last two years

IFC and JBIC to collaborate on projects in fragile states

The IFC and the Japan Bank for JBIC have signed a memorandum of understanding to collaborate on project financing in “fragile and conflict-affected countries” in Sub-Saharan Africa and South Asia

Shortlist out for Himalayan airport PPP

Bhutan’s Ministry of Information and Communications yesterday issued a request for proposals to six potential advisers for developing a strategy for the country's aviation sector

Uzbekistan tenders small hydro

Uzbekistan’s state hydropower producer and developer has tendered the design and construction of three run-of-river hydropower plants worth an estimated $75.3 million in south-eastern Uzbekistan

New Development Bank lends in Indian power

New Development Bank, a multilateral formed by the 5 BRICS governments around the world, has made a $300 million loan to REC in the Indian power sector

South Africa’s Midvaal plans distribution PPP

Midvaal Local Municipality has informed the market that it intends to launch an electricity transmission & distribution expansion project modelled on a public-private partnership concession in Guateng, South Africa – the Midvaal Electricity Distribution Services PPP

Largest Pakistan IPP signs

A Chinese sponsor has agreed with a Pakistan provincial government to develop a $2.4 billion project under the China–Pakistan Economic Corridor framework

EIB loan for Estonian rail upgrade

The EIB has today extended a €95 million loan to the Estonian national railway company – Eesti Raudtee – for upgrades to the country’s existing rail infrastructure