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News
21 March 2018
in
Infrastructure, Power, Renewables

Baker McKenzie strengthens North American project finance team

Law firm Baker McKenzie has added a project finance specialist to its North America Banking, Finance & Major Projects Practice, based in New York. New partner...

News
21 March 2018

NextEnergy Capital appoints head of debt financing

Asset manager NextEnergy Capital Group has appointed Lorena Ciciriello as head of debt financing. She will start her new role on April 9 and will be...

News
21 March 2018
in
Oil & gas, Power, Renewables

Baker Botts hires energy specialist for London office

International law firm Baker Botts has appointed Lewis Jones as a partner in its Global Projects group based at its London office. The energy transactions...

News
21 March 2018

Temenos and MAINSYS team up to digital banking solutions

Banking software group Temenos has announced a partnership with MAINSYS, a provider of IT services to the Belgian financial services sector, to boost the digitisation of...

News
21 March 2018

Japan Post Bank boost Earthport payment services to N.America and Europe

Japan Post Bank has expanded its relationship with Earthport to deliver outbound cross-border payment services across a number of additional regions including North...

News
21 March 2018
in
Agri/Soft Commodities

Senior grain trader Gert Bosscher leaves Bunge

Gert Bosscher, a senior grain trader for the Black Sea region at US-based Bunge, has left the company - at a time when the group is struggling in one of the...

News
21 March 2018

How to realise the full potential of Islamic trade finance

Islamic trade finance needs to be developed with instruments that allow better control of risks related to trade partners or countries - and credit risk could also...

News
21 March 2018

Correspondent banking decline a concern for payments and trade

The Financial Stability Board has released a report on correspondent banking relationships, finding that the reduction in the total number of active correspondents -...

News
21 March 2018

Australian SMEs turning to fintech for funds over banks

Fintechs and non-bank financial service providers are set to take over traditional banks as the preferred choice for small and medium-sized enterprises in Australia, new...

News
20 March 2018
in
Renewables

AREAM raises Perl wind project loan

Dusseldorf-based asset manager AREAM has raised non-recourse debt to finance the 18MW Perl wind farm in Saarland it bought from project developer Juwi in January. The...

News
20 March 2018

Opportunity of the day: ABB, Siemens, GE equipment preferred for Sinosteel arm's Bolivia steel mill project

Sinosteel Equipment and Engineering Co Ltd (Sinosteel MECC) is likely to import equipment from Europe and the US for a steel mill project in Bolivia, according to project...

News
20 March 2018
in
Metals and Mining

Rio Tinto to sell Hail Creek and Valeria to Glencore for $1.7bn

Rio Tinto is to sell its Hail Creek coal mine and the Valeria coal development project in Queensland, Australia, to Glencore in a $1.7 billion deal. The sale includes...

News
20 March 2018
in
Transport

MLIT launches Kumamoto Airport tender

Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has launched the tender for the privatisation of the operation of Kumamoto Airport....

News
20 March 2018
in
Infrastructure, Transport

NSW announces infra plans 2018-2038

The New South Wales government has made public its 20-year infrastructure plan. The programme includes A$26 billion ($20 billion) of transport projects and A$8 billion of...

News
20 March 2018
in
Renewables

Apodi Solar L/C signed

A club of banks have provided a BRL477.4 million ($144.8 million) four-year letter of credit as a guarantee to backstop a loan from Banco do Nordeste (BNB) to the 235MW...

News
20 March 2018

Eximchain secures $20m for blockchain platform

Eximchain, a blockchain-based platform developed in the Massachusetts Institute of Technology's media lab, has raised $20 million for its supply chain financing...

News
20 March 2018

Noble is sued by major shareholder Goldilocks Investment

Goldilocks Investment - a major shareholder of Hong Kong-headquartered Noble Group - has sued the company and executives, including founder Richard Elman, in the...

News
20 March 2018

Why the new US DFI deserves the development community's support

The proposed new US development finance institution included in President Donald Trump's FY2019 budget is potentially game-changing for the country's development...

News
20 March 2018
in
Agri/Soft Commodities

ADM restructures business groups as grain margins falter

Chicago-based Archer Daniels Midland is to restructure its business into four new units - carbohydrate solutions, nutrition, oilseeds and origination - to differentiate...

News
20 March 2018

Bracewell hires project finance duo as partners

Law firm Bracewell has hired Nicolai Sarad and Fernando Rodriguez Marin as partners in the project finance group in New York. They both join from Pillsbury Winthrop...