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News
11 April 2018
in
Transport

SMBC Aviation Capital closes $600m syndicated financing

Dublin-headquartered SMBC Aviation Capital has closed a $600 million syndicated financing transaction, comprising a $200 million term loan and a $400 million revolving...

News
11 April 2018

ADB hires Kessler from Swiss Re for disaster risk insurance role

The Asian Development Bank has hired Thomas Kessler, a long-time Swiss Re executive, into a newly created role of Principal Disaster Risk Insurance & Finance...

News
11 April 2018

Tienda Pago lands funding for one-week SME loans

Alternative lender Tienda Pago, which operates in Peru and Mexico, has secured $7.5 million in Series A financing from Kaszek Ventures, QED Investors, Oikocredit, Accion...

News
11 April 2018

Aon: Political volatility leading to heightened levels of political violence and risk

Political violence risks are rising globally due to geopolitical tensions, a weakening of liberal democratic governance, and the repercussive effects of chronic conflicts...

News
11 April 2018

ADB: Exports, domestic demand deliver solid growth in Asia and the Pacific

High demand for exports and rapidly expanding domestic demand helped growth pick up across most of the economies in developing Asia, according to the Asian Development...

News
11 April 2018

MarketInvoice joins NatWest Capital Connections panel

NatWest has added invoice finance platform MarketInvoice to its Capital Connections panel, which helps small and medium-sized enterprises unable to borrow from banks get...

News
11 April 2018
in
Chemicals/Petrochemicals, Oil & gas, Power

Metcap Petrochem to invest $5.2bn in Turkish gas projects

Turkish company Metcap Energy Investments and Fusion Dynamics of Qatar have formed joint venture Metcap Petrochemicals to invest in Turkish gas projects. The venture...

News
11 April 2018
in
Renewables

Scatec Solar reaches close for 258MW project in South Africa

Scatec Solar has reached financial close on three South African solar projects – Sirius Solar, Dyason’s Klip 1 and Dyason’s Klip 2 –...

News
11 April 2018
in
Chemicals/Petrochemicals, Oil & gas

Saudi Aramco and Total sign MoU for petrochemical complex

Saudi Aramco and Total signed a memorandum of understanding to construct a petrochemical complex to be integrated downstream of the Satorp refinery in Jubail, Saudi...

News
10 April 2018
in
Renewables

Celeo Redes wins six plants in A-4 tender

Celeo Redes Brasil – a joint venture between Elecnor (51%) and APG Asset Management (49%) – has won clean power supply contracts for six solar PV plants...

News
10 April 2018
in
Renewables

Redstone CSP financing underway

Following the signing of a 20-year PPA with Eskom last week for the 100MW Redstone Solar Thermal Power project in South Africa, project sponsors SolarReserve...

News
10 April 2018
in
Metals and Mining

Commodity traders stop buying from UC Rusal after sanctions

International trading houses have stopped buying aluminum from Moscow-headquartered UC Rusal as US sanctions on the company sent shockwaves through the market for the...

News
10 April 2018
in
Power, Renewables

Brazil to launch A-6 energy auction in August

Brazil's Ministry of Mines and Energy will launch the A-6 energy auction on 31 August 2018. The tender will include wind, hydro, thermal plants that use biomass...

News
10 April 2018
in
Power, Renewables

Financial close for Nam Theun 1

Sponsors of the 670MW $1.3 billion Nam Theun 1 hydro power plant – EGCO Group (25%), Phonesack Group (60%) and EDL-Gen (15%) – have reached...

News
10 April 2018

Noble Group gets more support for restructuring plan

Noble Group has announced it is receiving growing support for its $3.4 billion restructuring plan after more than 70% of creditors holding the majority of its...

News
10 April 2018
in
Metals and Mining

Trafigura: Copper prices will rise in 2018 despite rising trade tension

Copper prices will rise this year as investors look past the ample global supplies and market turbulence to focus on the metal's long-term outlook, according to...

News
10 April 2018

Standard Chartered's Gautam Jain joins SC Ventures

Standard Chartered has revealed that Gautam Jain - currently Global Head, Digitisation and Client Access (DCA), Transaction Banking - has joined SC Ventures, effective...

News
10 April 2018
in
Metals and Mining

Glencore shares drop amid UC Rusal sanctions by the US

Commodity trader Glencore - which owns an 8.75% stake in Russian aluminium producer UC Rusal - saw its share price drop nearly 2% after the US said it was sanctioning...

News
10 April 2018
in
Renewables

Enel gets going with 185MW Hilltopper wind farm in Illinois

Enel Green Power North America, Inc. (EGPNA) has started construction of the 185MW HillTopper wind farm supported by two corporate offtakers. The $325 million project in...

News
10 April 2018
in
Renewables

BOEM seeks interest in New York Bight wind leases

The US Bureau of Ocean Energy Management (BOEM) is publishing a call to establish interest in commercial offshore wind energy leases for the Fairways North, Fairways...