Turbine loans: Broken promise?
With US wind tax credits (PTC) being cut 20% year-on-year until 2019, the turbine loan market was expected to make a comeback. A trio of wind turbine loans under full PTC...
With US wind tax credits (PTC) being cut 20% year-on-year until 2019, the turbine loan market was expected to make a comeback. A trio of wind turbine loans under full PTC...
Jonathan Bell talks with Anthony Palmer about his 41 years in the credit and political risk insurance (CPRI) market, the key events that have shaped its development, and...
Last month energy company Woodside tapped a favourably priced $100 million EKN loan, guaranteed by GIEK and DNB, for the supply of subsea equipment to the offshore...
Two years of tight regional bank liquidity and even tighter government budgets forced many Middle East state-owned borrowers into the ECA-backed and pre-export loan...
Symptomatic of a political and trade credit insurance market with too many players chasing too little business, insurance underwriter Hiscox is pulling its trade finance...
Last month Acwa Power and Taekwang Power mandated banks for the $4 billion 1.2GW Nam Dinh 1 coal-fired power project in Vietnam, with the deal expected to close in two...
Acwa Power is weeks away from financial close on a bilaterally negotiated 18-year DFI-backed financing for the 61.3MW solar scheme at Risha in Jordan.
Cricket Valley Energy Center closed a debt and equity package last month to finance the construction of a 1.1GW greenfield power plant in Dover. The deal includes a rare...
K-sure and Kexim provided support last month to cover an Iraqi government construction payment to Hanwha E&C for the $10 billion Bismayah New City project in Iraq – the...
Privately-owned London-based commodity trader ED&F Man is set to launch its annual RCF on 10 February. According to a number of bankers the deal is expected to be fairly...
Myanmar's telecom sector received a boost last month when MIGA backed the rollout of 4,500 km of fibre optic cable by providing 95% cover for a $100 million loan to...
WIth the costs associated with tighter bank regulation dampening the appetite of banks for SME business, and non-bank providers charging heavy margins, the beginnings of...
On 15 January Acwa Power completed its first drawdown from its $370 million 19-year partially MIGA-covered financing for the construction of the 485MW Al Zarqa...
With costs down and technology improving, some argue ECA support for European offshore wind is actually distorting debt pricing in a market that could be commercially...
A number of state-owned Omani borrowers are already testing appetite for loans in 2017. But borrowers may have to stagger deal flow to avoid having to compete for lenders...
The Peru government raised DFI loans last month from both KfW and AFD – the latest tranches of debt to back the state contribution to the $5.8 billion Lima Metro Line 2...
Dubai is close to mandating arranging banks for a $3 billion loan to finance its Al Maktoum International Airport. But progress on the $2.5 billion debt mandate for the...
Amandi Energy's $522 million CCGT power plant began construction last month and is expected to increase Ghana's electricity supply by 7% once completed in 2019.
State-owned Egyptian Electricity Holding Company (EEHC) has tapped SACE cover for a tightly priced loan to finance the CCGT conversions of the Assiut and West Damietta...
Solar PV investment platform Azienda Solare Italiana (ASI) has closed a landmark hybrid refinancing – although an add-on to its 2014 deal the issue is still the largest...
ChemOne is approaching financial close for its flagship Malaysia petrochemicals facility after enduring years of pandemic-related strictures. Its journey has taken in a few unexpected junctures along the way, but its resilience is a healthy marker for big ticket industrial projects in emerging markets.