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News
06 August 2019

New risk cover from UAE's Etihad Credit Insurance aims to boost SME exports

Etihad Credit Insurance (ECI), the UAE Federal export credit company, has launched SME Protect, an online export credit solution designed for small and medium-sized...

News
05 August 2019
in
Renewables

ACS closes on Zero-E PV portfolio financing

ACS has raised a €434 million ($486.2 million) 21.5-year project financing to fund the €610 million development of 864MWs of solar projects in Spain held by its...

News
01 August 2019
in
Renewables

ARCO and Natixis close $69m financing of PMGD solar portfolio

ARCO 3 SpA and Natixis have successfully closed $69.1 million of senior facilities for the 70MW ARCO Solar PMGD Portfolio of solar plants in Chile, owned by affiliates of...

Perspective
31 July 2019

Pit bull or pit bear?

The problems at the Oyu Tolgoi mining project in Mongolia mean the sponsors, Rio Tinto via its ownership of Turquoise Hill Resources, will have to raise $1 billion-plus...

News
26 July 2019
in
Renewables

Sonnedix closes on partial refinancing of Italian PV

Sonnedix has reached financial close on a €201.6 million ($224.5 million) partial refinancing of its San Giorgio solar PV project portfolio in Italy. The deal, which...

Perspective
24 July 2019

China’s Cofco ups the ante with sustainability-linked loan

Cofco has signed the largest loan for an agri trading company yet which is linked to sustainability elements. Jonathan Bell examines this growing trend within...

News
24 July 2019
in
Agri/Soft Commodities

Cofco International's ESG-linked debut priced

Cofco International has completed its senior unsecured sustainability-linked facility, which initially signed last week at $200 million less than the final $2.3 billion...

News
22 July 2019
in
Renewables

Natixis funds Solaria build-out

Solaria has signed a  long-term financing agreement with Natixis to fund the build-out of 250MW capacity awarded in the 2017 Spanish renewable auction. The...

News
19 July 2019
in
Oil & gas

Calcasieu Pass LNG financing twice oversubscribed

Venture Global LNG’s $5.8 billion Calcasieu Pass LNG construction financing has come in nearly two times oversubscribed at the initial coordinating lead arranger...

News
18 July 2019
in
Oil & gas

Bank mandates near for Oman’s $3bn pre-pay facility

Oman has been sounding out bank appetite for a $2.85-$3 billion three-year commodity-linked pre-payment facility. Oman’s Ministry of Oil and Gas and Swiss trader...

News
17 July 2019
in
Renewables

ACS out to banks for solar PV financing

Grupo ACS, through its subsidiary Cobra, is said to be out to banks for a €500 million ($561 million) loan to finance a backlog of almost 1GW of solar PV projects....

News
17 July 2019

Stenn closes $200m securitisation with Natixis

UK-based Stenn, which provides cross-border trade finance, closed a $200 million receivables securitisation programme with Natixis. The programme extends its capital...

News
16 July 2019
in
Power, Renewables

More details on NovEnergia refinancing

Pricing details have emerged on Total Eren’s refinancing of the acquisition bridge loan it used to buy NovEnergia in April.NovEnergia is an independent power...

News
16 July 2019
in
Renewables

Beatrice offshore refi cuts 100bp-plus off original pricing

The 588MW Beatrice offshore wind farm in Scotland reached full financial close last week on a £1.95 billion ($2.46 billion) facility to refinance the outstanding...

News
15 July 2019
in
Agri/Soft Commodities

Cocobod to close annual refi in mid-September

Cocobod is expected to close its annual pre-export finance (PXF) facility by mid-September. The loan, which has been launched at $1.3 billion, will be used for coca...

News
15 July 2019

BNP appoints head of sustainable capital markets Asia Pacific

BNP Paribas has appointed Chaoni Huang as head of sustainable capital markets, global markets for Asia Pacific. Her focus will be on primary, asset finance and...

Perspective
10 July 2019

Hydrocarbons sector remains a lynchpin of bank financing

Despite some of the legal challenges taking place in the US, financiers can be expected to remain committed to the huge volume of hydrocarbons financing which will take...

News
08 July 2019
in
Renewables

Dumat al Jandal wind farm deal to close today

Sponsors of the 400MW Dumat al Jandal wind farm in Saudi Arabia – EDF Renouvelables (51%) and Masdar (49%) – signed a $270 million 20-year soft mini-perm...

News
05 July 2019
in
Metals and Mining

Rio Tinto's Icelandic aluminium plant attracts Glencore

At least three companies, including Glencore, have expressed an interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands for up to...

News
04 July 2019
in
Renewables

Glennmont and Natixis securitise Italian renewables loans

Natixis and Glennmont Partners have securitised a €50 million ($56.4 million) Banco Popolare di Bari portfolio of performing Italian renewable energy loans. The...