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14 November 2018
in
Renewables

AC Energy acquires stake in TBC and its 1.5GW wind pipeline

AC Energy International Holdings has acquired around 25% of Singapore-based wind developer The Blue Circle Pte. Ltd. (TBC). TBC has a 1.5GW pipeline of wind projects...

14 November 2018
in
Renewables

EGCD issues EOI for 100MW solar park in Sonagazi

State-owned power utility Electricity Generation Company of Bangladesh (EGCB) Ltd has issued a call for expressions of interest for a 100MW solar park to be...

14 November 2018

Deutsche Bank urges industry collaboration on real-time liquidity management framework

Banks and corporates can benefit from real-time liquidity management functionality - but industry-wide collaboration will be crucial to ensure...

14 November 2018
in
Oil & gas

Sundance Energy Australia sees borrowing base rise to $122.5m

US-focused Sundance Energy Australia has announced that the lenders in its senior secured borrowing base facility have approved a 40% increase from US$87.5 million to...

14 November 2018
in
Renewables

Genneia to issue local bonds for three Argentine wind projects

Although unconfirmed by the sponsor, Genneia is said to be looking to issue around $70 million in local dollar denominated bonds over the next few months to...

14 November 2018
in
Metals and Mining

China can handle the trade war just fine, copper giant says

Global copper consumption is set to expand next year even as the US-China trade war rumbles on, according to Poland-based miner KGHM Polska Miedz, which expects...

14 November 2018
in
Renewables

Ence ups green facility to finance biomass project

Ence Energia has extended its seven-year €220 million green financing facility by an additional €69.4 million ($78 million) to help finance the...

14 November 2018
in
Infrastructure, Transport

EIB approves €6bn backing for business, transport, health and housing

The European Investment bank has agreed financing worth €6 billion to boost hospitals and healthcare in France and the Netherlands, commuters in Poland, Spain,...

14 November 2018

Expert briefing: Corporates not yet feeling the full benefit of SWIFT gpi

SWIFT gpi featured highly at SIBOS in Sydney, but the full benefits for corporates of tracking inbound payments are still not always manifest. David Blair, managing...

14 November 2018

ACI Worldwide and Everlink link on payment solutions

ACI Worldwide has announced that Everlink Payment Services, a provider of payments solutions and services for credit unions, banks, and small and medium-sized enterprises...

14 November 2018
in
Metals and Mining

Wescoal reports 28% increase in revenue

South Africa-based coal miner, trader and supplier Wescoal Holdings has reported a revenue rise of 28% to R2.1 billion for the six months ended 30 September. Gross...

14 November 2018

Noble Group net profit still mired in red ink with $99m Q3 loss

Constraints on liquidity and availability of trade finance continued to dampen commodity trader Nobel's performance in its third quarter, along with the impact...

14 November 2018

Diana Shipping signs new Glencore deal

Greek dry bulk owner Diana Shipping has sealed a new time charter with Glencore Agriculture for 2009-built kamsarmax Maia. The new charter started this week at a gross...

14 November 2018
in
Metals and Mining

Golden Reign and Marlin Gold merge to form Mako Mining

Canadian groups Golden Reign Resources and Marlin Gold Mining have merged to form Mako Mining, which will begin trading on the TSX Venture Exchange under the symbol...

14 November 2018

RDIF and Makara Capital agree $200m join investment deal

The Russian Direct Investment Fund (RDIF) and Singapore's transaction financing and asset management group Makara Capital have agreed to jointly implement investment...

14 November 2018
in
Renewables

ATI backs $233m Kipeto wind project in Kenya

The African Trade Insurance Agency (ATI) is to support the launch of the $233 million Kipeto wind project - developed by the British company Actis - in south-west...

14 November 2018

Kenya to issue $489m domestic bonds to fund infrastructure projects

Kenya will issue KES50 billion ($489 million) of domestic bonds to fund infrastructure projects. The bonds, which are to be issued on November 14, 2018, will have a...

14 November 2018
in
Agri/Soft Commodities, Chemicals/Petrochemicals, Infrastructure, Metals and Mining, Oil & gas, Transport, Waste and water

Commodity logistics boosted by increasing digitisation

Great strides are now being made in enhancing commodity logistics through the use of blockchain in commodity shipments. Jonathan Bell explores some of the recent...

13 November 2018

Texel Finance and Liberty ink innovative financial risks facility

Further to their recent hire of Alan Ball from Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, Texel Finance has entered into a new credit insurance...

13 November 2018

Noble Group to appoint Ian Potter as next chairman

Noble Group is set to appoint Ian Potter, a former senior banker at Morgan Stanley, as its next chairman in a few weeks, it was claimed. The move comes just as the...