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02 May 2018

Trafigura bulks up management committee, bolsters Jeremy Weir's position

Swiss commodity trader Trafigura has tripled the size of its management committee, bolstering the position of CEO Jeremy Weir. The nine-person committee will oversee...

02 May 2018

Trade finance software provider Tinubu Square launches Innovation LAB

Trade credit, surety and trade finance solutions provider Tinubu Square has launched a new Innovation LAB that focuses on the use of blockchain, advanced integration and...

02 May 2018

Standard Chartered to extend use of RippleNet to more countries

Standard Chartered is to extend its use of the Ripple network for cross-border payments to five more pairs of countries over the coming year. The bank went public with...

02 May 2018

Yacouba Coulibaly joins Ivory Coast law firm Orrick-RCI

Orrick-RCI, the Ivory Coast affiliate of international law firm Orrick, Herrington & Sutcliffe, has hired Yacouba Coulibaly as a project finance partner. Coulibaly...

02 May 2018
in
Infrastructure

HICL to divest Highland Schools PPP2 interest

Infrastructure investor HICL Infrastructure Company has agreed to sell its 100% equity in the Highland Schools PPP2 Project for £56.2 million after seeking a buyer...

02 May 2018
in
Oil & gas

Neptune Energy partially refinancing RBL with bond

UK-based oil and gas independent Neptune Energy has priced a $550 million seven-year bond – upped from $500 million at launch – and is expected to close the...

02 May 2018
in
Infrastructure, Power, Renewables, Telecoms and Communications, Transport

IDFC Alternatives agrees sale of infra management business to GIP

IDFC Alternatives Ltd has agreed to sell its infrastructure asset management business to private equity firm Global Infrastructure Partners subject to regulatory...

02 May 2018
in
Infrastructure, Transport

Ferrovial sets aside £208m to cover Amey's Birmingham PFI

Ferrovial is looking to make a £208 million provision following the UK Court of Appeal judgment against its subsidiary Amey over the Birmingham Highways PFI. The...

01 May 2018
in
Infrastructure

Turkey's PTR portfolio PPP concession negotiations to launch

Negotiations with the Turkish government on the concession contracts for the €900 million-plus Physical Therapy and Rehabilitation (PTR) Hospitals PPP Package...

01 May 2018

Alba seals first part of second ECA-backed tranche

Aluminium Bahrain (Alba) has closed a $247 million Bpifrance/Euler Hermes-backed facility to finance a green anode plant, gas treatment centres, pot tending machines and...

01 May 2018
in
Renewables

OPWP shortlists for Ibri II solar

Oman Power and Water Procurement (OPWP) has shortlisted 12 bidding groups for the 500MW Ibri II solar project.Masdar/Total Solar; BP Alternative Energy...

01 May 2018
in
Infrastructure, Power

Oliver Irwin joins Bracewell as finance partner in London

Bracewell has poached Oliver Irwin from Milbank, Tweed, Hadley & McCloy to join the firm’s London office as a finance partner. Irwin specialises...

01 May 2018

EDC playing loose with loan risks, says Auditor-General

Export Development Canada (EDC) is mishandling loan risks and keeping board members in the dark about key financing arrangements, according to a report by federal...

01 May 2018

Alba closes more ECA debt for Line 6 Expansion

Aluminium Bahrain (Alba) has closed the first part of a second tranche of ECA-covered debt for its Line 6 Expansion project. The facilities, totalling $247.01...

01 May 2018

Pinelopi Koujianou Goldberg is new World Bank Chief Economist

Pinelopi Koujianou Goldberg has been appointed as Chief Economist at the US-headquartered World Bank Group. She is Vice-President of the American Economic Association and...

01 May 2018

Carillion, Moody's and accounting transparency with SCF

In March, Moody's came out with a note titled "Carillion's collapse highlights shortcomings in the accounting for reverse factoring", claiming the scale...

01 May 2018

New UK head for KPMG infrastructure team

Jonathan White has been appointed as the new head of its UK infrastructure, building and construction practice at KPMG. The 20-year KPMG veteran succeeds Richard...

01 May 2018
in
Infrastructure

Uttar Pradesh plans hospital PPPs

The state government of Uttar Pradesh has launched an ambitious plan to procure hospitals as PPPs and has mandated Ernst & Young to prepare a detailed project...

01 May 2018

Crown Agents: Trad knit with new patterns giving challengers the needle

Albert Maasland, CEO of Crown Agents Bank, explains what it takes to be a challenger bank that is 200 years old, and how the lender will still be “sticking to its...

01 May 2018
in
Infrastructure, Transport

L&T Infra looks to raise $480m from institutional investors

Larsen and Toubro subsidiary L&T Infrastructure Development Projects Ltd (L&T IDPL) is raising Rs3,200 crore for an infrastructure investment trust to be launched...