News

A consortium of financial institutions has closed a 3.7 billion zloty (US$1.02 billion) refinancing of Światłowód Inwestycje, Poland’s largest wholesale-only fibre-optic network operator.
Construction has begun on the Casablanca seawater desalination plant, the largest plant of its kind in Africa.
Spanish renewable energy company Zelestra has reached financial close on the Aurora solar and energy storage project in Chile, through a US$282 million project financing package provided by Natixis ...
Berlin-based renewable energy company NeXtWind has signed a €1.4 billion debt financing, €1.3 billion accordion facilities, which can be activated in tranches over the coming years.
Globeleq, an independent power producer based in Cape Town, and its project partner African Rainbow Energy have reached financial close on the 153-megawatt/612-megawatt-hour Red Sands battery energy ...
ChemOne Group, a Singapore-based petrochemicals, green energy and natural resources conglomerate, has secured US$350 million in Islamic insurance cover for the Pengerang Energy Complex (PEC) in Johor, ...
These factors should help underpin the sukuk volume in 2025, which S&P Global Ratings has estimated is now worth between US$190 billion and US$200 billion, up from US$193.4 billion in 2024. In the ...
This reduction is equivalent to the total emissions of flying approximately 240,000 economy class passengers on return flights between London and New York. EcoCeres will provide SAF produced from 100% ...
Offshore wind turbine installation company Cadeler A/S has closed financing for two state-of-the-art A-Class jack-up vessels under construction in China. The ECA-backed green facilities amounting to ...
Andrew Cross, chief financial officer at the Asian Infrastructure Investment Bank explains the multilateral organization's financing strategy. Cross was speaking at an event organized by The Asset ...
The International Finance Corporation ( IFC ), the private sector arm of the World Bank Group, is providing two loans totalling €370 million ( US$429.37 million ) to support the subsidiaries of Maroc ...
DMS will sell a 7% stake in Viol to the SPC and contribute the remaining 28% stake in Viol to the SPC in-kind, under the same valuation. Upon completion of the deal, DMS will retain the second-largest ...