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30 May 2018

China Glass Holdings closes MIGA-backed financing in Nigeria

China Glass Holdings (CGH) has closed a $66.5 million MIGA-backed financing to fund the construction of a float glass manufacturing plant in Nigeria. Financed on a...

30 May 2018
in
Metals and Mining

Miners warn Congo it faces $3bn revenue loss over law

Mining companies in the Democratic Republic of Congo have told the government it will lose more than $3 billion over a decade and face legal action if plans to implement...

30 May 2018
in
Power, Renewables

JERA, Fluence and Lyon to target Asia-Pacific power storage projects

Developer Lyon Infrastructure, Japanese investor JERA and US-based storage solution and service provider Fluence have signed a collaboration agreement to identify and...

30 May 2018

Vantage Infrastructure makes three appointments

Vantage Infrastructure has made three new appointments to its London-based equity and debt infrastructure teams. Omar Rahman, formerly of Morgan Stanley Infrastructure,...

30 May 2018
in
Infrastructure

Marguerite fund invests in City Green Light

The consolidation of the capital structure of City Green Light Srl, Italy's first private operator of public lighting, has been completed. A further investment...

30 May 2018

S&P upgrades Glencore rating despite higher risk African assets

Glencore's credit rating was improved by S&P Global Ratings - which raised the trader's long-term issuer credit rating to BBB+ from BBB while keeping the...

30 May 2018
in
Renewables

Perfect 10: Hornsea 1, multisourcing offshore wind

TXF’s Best ECA-backed renewables deal of the year, Global Infrastructure Partners' (GIP) EKF-backed acquisition loan for a stake in the Hornsea 1 offshore wind project in...

30 May 2018

Perfect 10: Reliance’s ECA attraction

Reliance Jio Infocomm drew on its strong relationship with K-sure to close a tightly priced $1 billion ECA-backed loan in under three months to fund its expansion of a...

30 May 2018
in
Power

Perfect 10: Senelec’s ECA first

Winning TXF’s Best ECA-backed African deal of the year, Senegal’s state-owned power utility Senelec closed its first ECA-backed loan to finance an electricity system...

30 May 2018
in
Infrastructure, Transport

Ghana-Burkino Faso rail PPP draws 25 expressions of interest

The Ghanaian Minister of Railway Development has announced that 25 companies had submitted expressions of interest in the PPP railway project to link Tema Port...

30 May 2018

IFC issues inaugural bonds in Uzbek soums

The International Finance Corporation has issued its inaugural bond in Uzbek Soum, raising 80 billion Uzbek soums - $10 million equivalent - to expand lending for micro,...

30 May 2018
in
Oil & gas

Perfect 10: TAP pips pipeline politics

The Trans Adriatic Pipeline (TAP) project is a deserved winner of TXF’s Best ECA-Backed oil and gas award after project sponsors sealed a heavily ECA/DFI-backed €3.76...

30 May 2018
in
Oil & gas

Perfect 10: PetroPeru’s ECA flagday

Taking home TXF’s Best Americas ECA deal of the year, PetroPeru's $1.3 billion CESCE-backed facility had to navigate four changes of government in two countries to...

30 May 2018
in
Metals and Mining

South32 buys 50% stake in Eagle Downs coal project

South32 has agreed to buy a 50% interest in the Eagle Downs metallurgical coal project from China BaoWu Steel Group subsidiary Aquila Resources. Under the...

30 May 2018
in
Oil & gas

Perfect 10: A sovereign solution

Winning TXF’s Best Middle Eastern ECA deal of the year, the MIDOR expansion financing came in with solid ECA-backed pricing despite a list of hurdles in its two-year...

30 May 2018
in
Oil & gas

Perfect 10: Duqm, a slick blended financing

Taking home TXF’s Best Overall ECA deal of the year, government-backed sponsors of the Duqm oil refinery in Oman sealed a multi-billion dollar, multi-sourced...

30 May 2018

Juan Pablo Cuevas joins Earthport from BAML

Juan Pablo Cuevas has joined cross-border payments fintech group Earthport as its Latin America and the Caribbean Executive. He joins from Bank of America Merrill Lynch,...

30 May 2018
in
Renewables

Rocky Mountain seeks proposals for renewable power

US regulated utility Rocky Mountain Power has issued a request for proposals to source renewable capacity in Utah to interconnect to the PacifiCorp transmission system....

30 May 2018

Perfect 10: Vinfast, ‘Made in Vietnam’

Vietnam witnessed its inaugural ECA-backed corporate deal in 2018 after automotive start-up, VinFast, made a strongly priced debut in the ECA market.

30 May 2018
in
Oil & gas

Canada to acquire Trans Mountain pipeline to save project

The Canadian Finance Minister has announced that the government will acquire Kinder Morgan's politically troubled Trans Mountain Expansion Project for C$4.5...