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14 May 2018

IFC: Wiebke Schloemer is new Director for the Europe and Central Asia

The International Finance Corporation has appointed Wiebke Schloemer as its new Director for the Europe and Central Asia region. The former IFC regional infrastructure...

14 May 2018

Protectionism: Euler Hermes expects less than 0.5pp rise in world import tariffs

Trade credit insurer Euler Hermes' latest analysis on protectionism and fears of a trade war between the US and China, "Trade Games, Trade Feud or Trade...

14 May 2018

HSBC and ING execute live trade finance transaction on blockchain platform

HSBC and ING Bank have successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3's Corda scalable...

14 May 2018

Carillion "displayed utter contempt for suppliers"

Collapsed construction giant Carillion used suppliers to “prop up a failing business model” and conceal true levels of debt, say MPs investigating the failed...

14 May 2018
in
Renewables

Enel Mexico to add 107MW of renewable capacity to three projects

Mexico’s Federal Electricity Commission has signed an agreement with Enel Green Power Mexico (EGPM) for a 10% expansion of three renewables projects...

14 May 2018
in
Renewables

CIT arranges new Onyx Renewable financing

CIT Group's Energy Finance unit acted as sole lead arranger and administrative agent for a $79 million financing covering a 80MW Onyx Renewable Partners L.P. (Onyx)...

14 May 2018
in
Renewables

Mercury NZ acquires 19.9% stake in Tilt Renewables

Mercury NZ Ltd has come to an agreement with the Tauranga Energy Consumer Trust to acquire a 19.99% stake in Tilt Renewables with an option to buy an additional 6.81%....

14 May 2018
in
Renewables

New Hampshire court allows Antrim Wind project to proceed

The New Hampshire Supreme Court has upheld the state's Site Evaluation Committee (SEC) decision of 2016 to approve the 28.8MW wind project being developed by Antrim...

14 May 2018
in
Power

EDF finalises deal for 750MW of Chilean capacity from AES Gener

A joint venture (JV) of Chilean electricity company AME and EDF Group has finalised the acquisition of 750MW of capacity held by ESSA (an AES Gener subsidiary). The...

14 May 2018
in
Telecoms and Communications

Brookfield proposes buyout of telecom group Imagine

The Irish Competition and Consumer Protection Commission (CCPC) has received notification from Brookfield Asset Management vehicle BCP IV Telecommunications for a bid for...

14 May 2018
in
Agri/Soft Commodities

Block Commodities, FinComEco and Swarm launch FarmCoin

Block Commodities and Financial & Commodities Ecosystem (FinComEco) have formed a strategic alliance with Swarm Fund. The groups will provide an investment...

14 May 2018
in
Metals and Mining

Glencore, Barrick expect to get license for Tanzanian project

Barrick Gold and Glencore expect to receive a new license for their joint venture Kabanga nickel project in Tanzania, having held 'productive' talks with the...

14 May 2018
in
Renewables

Blockchain finance firm Datawatt Energy targets wind power

A new company, Datawatt Energy, has been launched to use blockchain financing to build and run wind projects across the globe. Its founders claim it will disrupt...

14 May 2018
in
Agri/Soft Commodities

Olam posts rise in Q1 profit to $157.97m

Singapore-headquartered commodities trader Olam International saw Q1 profits grow 9.8% in a year from $143.81 million to $157.97 million. The rise came amid an 8.5%...

14 May 2018

EBRD and Jordan to step up infrastructure development

The European Bank for Reconstruction and Development and Jordan have sign a memorandum of understanding in connection with an infrastructure investment programme of more...

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

IFC may extend $20m debt to boost Sri Lankan agri SMEs

The International Finance Corporation has proposed to extend up to $20 million local currency equivalent loan facility to Sri Lanka-based Central Finance Company. The...

11 May 2018
in
Oil & gas

Vitol: Gas and LNG key growth drivers as oil demand peak looms

The future growth of Vitol will increasingly be driven by gas and liquefied natural gas, especially in emerging markets, as peak oil demand approaches, its head of gas...

11 May 2018

Pricing dip: TXF-ICC Global Export Finance Survey 2018

The TXF-ICC Global Export Finance Survey 2018 incorporates the pricing and liquidity views of 65 senior export finance practitioners at leading banks, ECAs, exporters and...

11 May 2018

Legal perspective of renewed US sanctions on Iran

President Donald Trump's announcement of the US withdrawal from the Joint Comprehensive Plan of Action and the resulting "snap-back" of US sanctions against...

11 May 2018

ADB and Citi agree $100m trade finance deal to help SMEs

The Asian Development Bank's Trade Finance Programme has signed a $100 million deal with Citi to share risk on a funded basis underlying trade finance...