August 2010

Globeleq closes with US Ex-Im on Cerro de Hula 26 August 2010

US Ex-Im is close to signing a $159 million direct loan to Globeleq's Cerro de Hula wind farm

Carrix and Vinalines approach IFC on Cai Lan container 20 August 2010

The sponsors of Cai Lan International Container Terminal in Vietnam have asked the International Finance Corporation for $101 million

Kosmos drops Jubilee sale, FPSO scrutinised 18 August 2010

Kosmos Energy has abandoned a $4 billion sale of its 23.5% stake in Ghana's Jubilee oil field to ExxonMobil.

Iridium's Coface-covered debt oversubscribed 09 August 2010

Satellite communications operator Iridium says that it received an oversubscription

IDB approves San Jacinto loan 06 August 2010

The Inter-American Development Bank has approved a $40 million for phase 2 of Ram Power's San Jacinto-Tizate

Colombia's Buenaventura container terminal closes 04 August 2010

Grupo Maritime TCB and Grupo Empresarial del Pacifico have closed the $160 million senior and mezzanine financing for their Buenaventura container port

July 2010

Yuma Concesionaria wins Colombia’s Ruta del Sol 3 29 July 2010

Colombia’s Instituto Nacional de Concessiones (INCO) awarded the third stretch of the Ruta del Sol toll road concession

ECAs fill the gap in big-ticket mining 29 July 2010

The fall in the price of commodities and natural resources combined with a dearth of commercial debt has resulted in an increase in multilateral and export credit agencies lending to mining developers. Catherine McGuirk reports.

Nuevo Pemex: Mexican miniperm 29 July 2010

Abengoa and GE closed the $632.4 million financing for the Nuevo Pemex cogeneration project on 18 June. The deal is notable as the first power procurement for Mexico’s state oil company, Petroleos Mexicanos, one of the first deals for Mexico’s state development bank, Bonbras, in the privat...

People & Places 29 July 2010

Cirincione moves to Siemens as Dexia reshuffles

PP11: Back for SEC-onds 29 July 2010

The $2.1 billion financing of the PP11 gas-fired independent power project in Saudi Arabia is the first time international banks have taken on uncovered risk on a project since the country’s Ministry of Finance stopped providing a direct guarantee to offtaker Saudi Electricity Company (SEC). Th...

SIIF Brazil: Lucrative niche 29 July 2010

Banco Votorantim and Banco Santander have closed a R400 million ($225.8 million) holding company loan for Brazilian renewables developer SIIF Energies do Brasil. The subordinated debt package indicates that even when developers can access cheap project-level debt from Brazil’s state-owned lende...

NED closes on Thai solar PV 26 July 2010

Diamond Generating, CLP Renewables and Electricity Generating Public Company have closed a Bht8 million ($259 million) financing to build a 73MW solar plant in Thailand.

AfDB approves loan for Eiffage road in Senegal 21 July 2010

The African Development Bank has approved a Eu12 million loan for Eiffage's Dakar-Diamniadio toll concession

US Ex-Im approves Reliance's second try on Sasan 16 July 2010

The US Ex-Im has approved a preliminary review of Reliance's re-submitted application for the Sasan coal plant in India.

China Huadian closes on Cambodia hydro 15 July 2010

China Huadian has closed a $412 million project financing with China Ex-Im for its Orussei hydroelectric power plant

Conduit's Jamaica Energy approaches IFC on expansion 02 July 2010

Conduit Capital has approached the International Finance Corporation for up to $30 million in senior and subordinated debt

Santos mandates adviser on Gladstone 01 July 2010

Santos has appointed Taylor-DeJongh its financial adviser on the probable export credit agency financing for the Gladstone LNG project

Reliance's Sasan coal meets US Ex-Im hurdle 01 July 2010

The board of US Ex-Im rejected Reliance Power's application for a $560 million loan for its Sasan coal-fired power project