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18 May 2018
in
Power

Bulgaria plans to revive the Belene NPP

The Bulgarian government has formally asked parliament to allow the Belene nuclear power project to be revived so that discussions can take place with China National...

18 May 2018
in
Power, Renewables

KOEN signs MoU for 197MW Kalam-Asrit hydro project

The state-owned Korea South East Power Company (KOEN) has signed a memorandum of understanding with the government of Khyber Pakhtunkhwa for the construction of the 197MW...

18 May 2018

Stripe and JCB sign payments MoU

US-headquartered Stripe and Japan's JCB have signed an MOU for a global partnership aiming for JCB brand acceptance at all internet merchants using the Stripe payment...

18 May 2018

Identity cheques

Could a 20-digit LEI number help banks cut their KYC and compliance costs while narrowing the SME trade finance gap? Yes – but not until regulators get behind it.

18 May 2018

Wales and Northern Ireland fintech envoys are named

Wales and Northern Ireland are getting their own financial technology envoys as part of a government effort to ensure that the UK maintains its position, post-Brexit, as...

18 May 2018
in
Renewables

Pacific Hydro reaches close on 80MW Crowland wind farm financing

Pacific Hydro’s financial adviser on the 80MW Crowland’s wind farm located near Ararat in Victoria has announced that the project has reached financial...

18 May 2018
in
Agri/Soft Commodities

Bunge bid to IPO Brazil sugar unit has to overcome sour mood

US-headquartered Bunge may struggle to pull off the initial public offering of its Brazilian sugar-producing business amid rising political and economic woes in Latin...

18 May 2018

Beyond the wild west in factoring (24 mins)

Peter Mulroy, Secretary General of FCI spoke to Katharine Morton at the ICC banking commission annual meeting in Miami about how trust is helping factoring move beyond...

18 May 2018

EBRD agrees €50m financing to Bulgaria's ProCredit Bank

The European Bank for Reconstruction and Development (EBRD) is providing €50 million to Bulgaria's ProCredit Bank to expand access to finance for small and...

18 May 2018
in
Agri/Soft Commodities, Manufacturing & equipment

AfDB approves $100m loan to boost Nigerian fertilizer production

The African Development Bank (AfDB) has approved a $100 million senior loan to Nigeria's Indorama Eleme Fertilizer & Chemicals to support the company's plans...

18 May 2018
in
Infrastructure, Transport

Bloomberry apply for cruise ship port near Manilla casino resort

Casino owner and operator Bloomberry Resorts Corp has submitted an application to the Philippines' Tourism Infrastructure and Enterprise Zone Authority (TIEZA) for a...

18 May 2018

IDB Invest puts $5m in MONI Online in first fintech operation

IDB Invest, the private sector institution of the Inter-American Development Bank Group, has made an investment of $3 million with the digital financial services company...

18 May 2018
in
Infrastructure, Transport

Verdu to carry out Ecuador's highway 40 PPP

Ecuador has given the contractor Verdu an additional 30km stretch to upgrade as part of a $231 million PPP deal. A total of 162km of highway route 40 linking the...

18 May 2018

Finding the sweet spot of small business cloud adoption

Small and medium-sized enterprises need sophisticated technologies to compete on a global stage, yet the tools to get the job done are designed - and priced - for major...

18 May 2018
in
Power, Renewables, Transport

Powerlink consents Haughton solar connection, 30GW pipeline still awaiting approval

Queensland's state-owned transmission company Powerlink has signed a connection agreement with Pacific Hydro's 500MW Haughton solar farm located 60km south...

18 May 2018

ECB chooses Openlink for treasury tech

The European Central Bank (ECB) is implementing OpenLink technology for treasury and risk management technology to manage its euro-dominated investment portfolio, foreign...

17 May 2018

'Recklessness, hubris and greed' – Carillion slammed by MPs

Failed construction giant Carillion collapsed as a result of "recklessness, hubris and greed" among directors who put their own financial rewards ahead of all...

17 May 2018
in
Oil & gas

Freeport LNG closes holdco financing

Freeport LNG has closed a $2.4 billion holding company (holdco) financing through lead arrangers MUFG, HSBC, SMBC and Credit Agricole A total of 14 banks participated in...

17 May 2018
in
Renewables

Mitsui to acquire stake in Taiwanese offshore wind developer

Mitsui is in the process of buying a 50% share in Yushan Energy Co, which owns a 40% interest in the 300MW Hai Long Offshore Wind development in the Taiwan Strait....

17 May 2018

MUFG promotes Lindenberg

MUFG has promoted project finance veteran Jon Lindenberg to head of investment banking for the Americas. He succeeds Fumitaka Nakahama, who will return to Tokyo as head...