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03 March 2017

NBK Capital to advise on IPO for AZ-Zour IWPP

The Kuwait government has selected a NBK Capital led consortium to advise on selling half of the Az-Zour Independent Water and Power Project.  The initial...

03 March 2017

Uganda turns to China Exim to fund oil roads work

Uganda is looking to the Export-Import Bank of China (China Exim) to fund the construction of ten 'critical oil roads' in the oil belt, Albertine Graben. It has...

03 March 2017

Where South Korea's debt-laden companies go to bank

The Korea Development Bank last year left cash-strapped Hanjin Shipping adrift at sea by turning down a bailout request - and now the bank must decide whether to revive...

03 March 2017

NTPC preparing DPR for Margherita power project

The Assam state government have engaged NTPC to prepare the detailed project report for the 1600MW Margherita thermal power project.  Coal India is to provide coal...

03 March 2017

Euler Hermes releases non-payments report

Trade credit insurer Euler Hermes has released its 8th annual non-payments report for Italian companies, highlighting that the average value of domestic non-payments has...

03 March 2017

EBRD profits rise to 1 billion euros in 2016

The European Bank for Reconstruction and Development (EBRD) made a profit of €1 billion last year, one of the highest in its 26-year history. The figure tops the...

03 March 2017

Roberto Azevedo wins 2nd term as WTO director-general

Roberto Azevedo has been reappointed director-general of the World Trade Organisation (WTO). His second four-year term begins in September. He was the only candidate...

03 March 2017

ICC appoints trade finance expert Dominic Broom to committee

Dominic Broom, global head of trade business development for treasury services at BNY Mellon, has been appointed a member of the International Chamber of Commerce (ICC)...

03 March 2017

SACE unveils new Country Risk Map

Italian export credit agency SACE has published its new Risk Map, highlighting that high debt levels, currency tensions and geopolitical instability are principal risk...

03 March 2017

Trump and trade: Threats or all-out trade war?

US president Donald Trump has verbally announced an all-out attack on free trade, but will he do it? ING reports that Trump is unlikely to impose huge import tariffs for...

02 March 2017

PLN set to close seven power loans in 2017

Indonesia's state-owned power company PLN (Persero) is expecting to close financings for seven major power projects in 2017, according to a PLN source....

02 March 2017

Lydian raises ECA-backed loan for Amulsar Gold project

Lydian Armenia – a subsidiary of Lydian International - has raised a $50 million loan to fund deliveries of crushing, conveying and electrical equipment from ABB...

02 March 2017

How treasurers can manage risk amid geopolitical uncertainty

Making sure a company has adequate access to liquidity is one of the best ways corporate treasury and finance teams can manage risk in a time of rising geopolitical...

02 March 2017

KNPC Clean Fuels loan set for April close

Kuwait National Petroleum Corporation (KNPC) is expected to close on the $4 billion-plus of 13-year debt it is raising for its Clean Fuels project in April. The deal...

02 March 2017

Mitsui sells Bald Hills wind farm

Infrastructure Capital Group has accquired the 106MW Bald Hills wind farm from Mitsui.  Existing long term contracts including the 15-year offtake agreement,...

02 March 2017

EIS approval for AGL wind farm

AGL Energy's Environmental Impact Statement for the proposed Coopers Gap Wind Farm has received state approval. The 460 MW wind farm will be the largest in...

02 March 2017

ACI Worldwide revenue jumps 21% in Q4

Electronic payment and banking solutions provider ACI Worldwide saw its revenue surge 21% in the fourth quarter and rise 4% for the full year. New bookings growth slowed...

02 March 2017

Matarbari 1.2GW power plant moves forward

The coal-fired power project stalled last year but is now back on track leaving Marubeni and a Toshiba-Sumitomo consortium the only bidders for the Bangladeshi...

02 March 2017

Citi Treasury Diagnostics: corporates need to sharpen FX hedging

While most big corporates have mature FX risk management programmes in place, the earnings of many still suffer material impacts due to FX volatility, according to the...

02 March 2017

BC Hydro seeks 500MW Revelstoke expansion

BC Hydro is asking the province for environmental approval for the addition of a sixth turbine at the existing powerhouse Revelstoke Dam.   The proposals including a...