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News
04 February 2019
in
Renewables

DEWA IV reaches full financial close

Sponsors of the DEWA IV 700MW concentrated solar power (CSP) project in Dubai – DEWA (51%), ACWA Power (24.99%) and Silk Road Fund (24.01%) – reached full...

News
04 February 2019
in
Renewables

Yunlin offshore banks lined up

Wpd has appointed commercial lenders for the ECA-backed financing of its Yunlin offshore wind project in Taiwan. The 708MW project will be built in two phases –...

News
01 February 2019
in
Infrastructure, Transport

Liege Tram PPP debt signed

The Tram’Ardent consortium – comprising Colas Projects, Colas Belgium, Colas Rail Belgium, Construcciones y Auxiliar de Ferrocarriles (CAF) and DIF –...

News
01 February 2019
in
Telecoms and Communications

CityFibre syndication pricing out

The £1.12 billion ($1.47 billion) seven-year infrastructure debt package backing the full-fibre broadband network roll-out by CityFibre in the UK is out to general...

News
01 February 2019
in
Metals and Mining

Emirates Global Aluminium seals $6.5bn term loan

Abu Dhabi-based Emirates Global Aluminium (EGA) has closed a $6.5 billion term loan. The deal amends, extends and upsizes EGA's existing $4.9 billion facility signed...

News
30 January 2019
in
Infrastructure, Waste and water

ACWA appointed preferred bidder for Taweelah IWP

ACWA Power has been appointed preferred bidder in ADWEA’s tender for the Taweelah independent water project (IWP). The 200 million gallons-per-day reverse osmosis...

News
24 January 2019
in
Power

MET Group secures €885m RCF, hints to capital market debut

Switzerland-based energy trader MET Group has secured an €885 million ($1 billion) revolving credit (RCF), with 15 banks participating in the transaction. Signed...

Perspective
23 January 2019
in
Infrastructure, Transport

Locking in with the Panama Canal

The Panama Canal is one of the wonders of the world. Jonathan Bell charts its course.

Perspective
22 January 2019
in
Oil & gas

How long can GCC tenors go?

State-owned borrowers in cash-strapped GCC countries – Oman and Bahrain – have been using ECA-backed debt to push out tenors to around 16-17 years. But can the private...

News
21 January 2019
in
Renewables

DEWA IV CSP signs

Sponsors of the $3.87 billion DEWA IV 700MW concentrated solar power (CSP) project in Dubai – ACWA Power and Shanghai Electric – have signed the debt backing...

Perspective
15 January 2019
in
Renewables

Moray East: The shape of UK deals to come

Despite a record low CfD strike price, the 950MW Moray East UK offshore wind project reached financial close in December backed by strong lender and ECA appetite. Does...

News
15 January 2019

Natixis appoints Delay new CEO of Americas CIB

Olivier Delay has been appointed as Natixis’ new CEO of Americas CIB, effective 1 March 2019. Delay has been at Natixis for the past 10 years and spent the...

News
15 January 2019
in
Renewables

ACWA plans move into solar panel production

ACWA Power chief executive Paddy Padmanathan has stated that the company is in talks to become a manufacturer of solar panels and is working with Saudi Arabia's...

News
14 January 2019
in
Oil & gas

Infra Via sells Regaz stake to Societe Generale

Investment fund InfraVia has sold its stake in the largest French independent gas distribution company, Regaz, to Societe Generale Insurance. Régaz is the...

News
14 January 2019
in
Oil & gas

Assala Energy to sign $500m RBL imminently

Assala Energy is expected to sign a $500 million reserve-based lending (RBL) facility imminently. The deal follows the Carlyle-backed exploration and production...

News
09 January 2019
in
Oil & gas

Medco Energi rejigs RBL facilities

Indonesia-based oil and gas developer Medco Energi International has reached close of syndication on a $500 million reserve-based lending (RBL) facility. The deal...

News
09 January 2019
in
Renewables

Noor Energy 1 consortium looks to conclude $2bn financing for CSP project

Noor Energy 1 - owned by ACWA Power, China’s Silk Road Fund and the Dubai Electricity and Water Authority (DEWA) - is expected to conclude the financing...

News
08 January 2019
in
Infrastructure, Waste and water

Rabigh 3 IWP nears close

Sponsors of the Rabigh 3 independent power and water project (IWP) in Saudi Arabia – ACWA Power, Saudi Brothers Commercial Company and Sidem – are expected to...

News
04 January 2019
in
Metals and Mining

ArcelorMittal’s $5.5bn RCF bank list out

ArcelorMittal’s five-year $5.5 billion revolving credit facility (RCF), which signed in December, pulled commitments from 22 banks in total, a strong...

News
02 January 2019
in
Metals and Mining

IXM closes $250m RCF refi

IXM, formerly known as Louis Dreyfus Company Metals (the name changed to IXM after a takeover by NCCL Natural Resources Investment Fund), has refinanced a...