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News
09 December 2019
in
Renewables

Mainstream closes Condor debt package

Mainstream Renewable Power has reached financial close on a $580 million debt package to fund its 569MW Condor project in Chile. Signed on the 4 November, conditions...

News
05 December 2019

IsDB launches €1bn Green Sukuk

The Islamic Development Bank (IsDB) has priced its first-ever Green Sukuk worth €1 billion. The lender raised €1 billion in five-year Trust Certificates...

News
03 December 2019
in
Power, Renewables

Protos WtE project debt signing imminent

Biffa and Covanta are very close to signing a loan with AIB, ABN Amro, Natixis, NatWest, and Banco Sabadell for the Protos waste-to-energy (WtE) project in the UK. The...

News
29 November 2019
in
Oil & gas

First drawdown on Gimi FLNG debt

Gimi MS Corporation – a joint venture between Golar LNG (70%) and Keppel Capital (30%) – has made first drawdown on the $700 million debt it raised for the...

News
29 November 2019
in
Infrastructure, Transport

SMTPC signs debt for Schloesing project

French toll road and tunnel operator La Societe Marseillaise du Tunnel Prado Carenage (SMTPC) has signed a €60.4 million term loan and a €4.9 million revolving...

News
26 November 2019
in
Metals and Mining, Oil & gas

Mercuria closes $1.2bn credit facilities for Asian business

Mercuria Energy Group has closed credit facilities worth $1.2 billion for its Asian business.The facilities were arranged by Australia and New Zealand Banking Group...

News
25 November 2019

BNY Mellon joins Marco Polo trade finance network

The Bank of New York Mellon has joined the Marco Polo Network to conduct an evaluation program. BNY Mellon’s collaboration is aimed at developing a more open and...

News
25 November 2019
in
Metals and Mining

OceanaGold amends $200m RCF

Melbourne-headquartered miner OceanaGold Corporation has amended its existing $200 million revolving credit facility with its banking partners: Scotiabank, Citi, HSBC,...

News
21 November 2019
in
Infrastructure, Oil & gas, Transport

Yinson signs $800m FPSO refinancing

Malaysian FPSO service provider Yinson has raised an $800 million 12-year loan to refinance its FPSO John Ayekum Kufuor. The FPSO is currently operating in OCTP Block,...

News
21 November 2019
in
Telecoms and Communications

Natixis fills 3 new roles in telecom team

Natixis has made three appointments to newly-created roles in its Corporate & Investment Banking global telecom team. Maxime Perrin joined Natixis in August from...

News
21 November 2019
in
Metals and Mining, Oil & gas

Mercuria closes $1.9bn RCF for North American business

Mercuria has closed a $1.9 billion one-year senior secured borrowing base revolving credit via its North American operations: the borrowers are Mercuria Energy Trading,...

News
19 November 2019

National Australian Bank joins Marco Polo trade finance network

National Australian Bank has become the first Australian banking partner of the Marco Polo trade finance network.The bank joins global financial institutions such as BNP...

News
15 November 2019
in
Oil & gas

Ithaca closes RBL to acquire Chevron's North Sea assets

Ithaca Energy, a subsidiary of Israeli energy and infrastructure company Delek, has announced that its acquisition of Chevron’s North Sea fields for $2 billion has...

News
13 November 2019
in
Infrastructure, Transport

Italo signs largest transport sector green loan

Privately-owned Italian train operator Italo has signed a €1.1 billion syndicated green loan – the largest ever in the transport sector. Proceeds will...

News
08 November 2019

Gunvor signs $1.69bn revolving credit facility

Gunvor Group has signed a $1.69 billion revolving credit facility.ABN AMRO Bank N.V., Coöperatieve Rabobank U.A., Credit Agricole Corporate & Investment Bank,...

News
06 November 2019
in
Renewables

Condor reaches financial close

Mainstream Renewable Power has reached financial close on the $580 million debt backing its 571MW Condor project in Chile. The deal has an 18-year tenor and is backed by...

Perspective
05 November 2019
in
Metals and Mining

Rusal: Going green or a tinge of greenwash?

Given its status as the world's second largest aluminium producer, Rusal's sustainability-linked loan debut is good news for the growing ESG movement. But like other...

News
01 November 2019
in
Renewables

EIG buys Likana CSP development rights

EIG Global Energy Partners has bought the development rights for the 450MW Likana concentrated solar power (CSP) project in Chile from SolarReserve.SolarReserve had...

Perspective
31 October 2019
in
Renewables

Formosa 2: Turbine-charge or trickle-charge for Taiwan offshore?

With the sponsors of the Formosa 2 offshore wind project having reached financial close on a heavily ECA-backed project financing, confidence in the bankability of...

News
29 October 2019
in
Renewables

Formosa 2 offshore wind project reaches FC

Following debt signing earlier this month, the 376MW Formosa 2 offshore wind scheme in Taiwan has reached financial close. Sponsored by Macquarie Capital (75%) and...