India's state-run REC is planning to tap overseas ECAs and DFIs for funds as it prepares itself for a jump in demand for loans from all segments of the power industry as the Indian government looks to double capacities by 2032.REC, which provides financing to power utilities in the country, is... More

The EBRD is considering providing a €50 million ($53.8 million) senior secured loan to Tenevo Solar Technologies to partially finance a €161.7 million 238MWp PV project in Bulgaria. The deal, if it closes, will be the first sizeable long term project financing for a merchant renewables... More

responsAbility will invest up to $35 million in Indian renewable energy transition company AMPIN Energy Transition. The deal is part of its broader $500 million climate investment strategy aimed at reducing CO2 emissions in Asia.This investment represents responsAbility's most substantial... More

De Grey Mining has launched a fully underwritten equity raising for A$600 million ($306.3 million). The equity raising includes a prorata accelerated non-renounceable entitlement offer of around A$256 million ($169.1 million) and an institutional placement of approximately A$344 million ($227.2... More

Final agreements for three US Ex-Im-supported Angolan projects under President Biden’s flagship Partnership for Global Infrastructure and Investment (PGII) have been signed.US Ex-Im's direct $872 million financing — the largest renewable energy transaction in the ECA's history... More

JICA has signed a JPY3.056 billion ($19.7 million) grant agreement with the government of Kenya to support the project for strengthening the research capacity of Kenya Medical Research Institute.The primary objective of this grant project is to strengthen KEMRI's research capacity on infectious... More

JICA has signed a $100 million loan agreement with Banco Cooperativo Sicredi to provide up to $100 million. The loan is co-financed with CAF, which has also signed an agreement to provide up to $50 million.The joint project was announced as part of efforts to strengthen the strategic partnership... More

IsDB, ADFD, BMGF, and KSrelief have joined forces to provide an additional $219 million in donor support for a total of 37 projects in 22 IsDB member countries through the Lives and Livelihoods Fund 2.0 (LLF 2.0). This development initiative, launched in 2016 with a funding of $2.5 billion, aims to... More

EIB and Valle Umbra Servizi have signed a €35 million ($37.6 million) agreement to boost water service resilience and efficiency in 22 municipalities of the province of Perugia.The EIB green loan will be used to implement a series of targeted operations, including the connection of distribution... More

IFC and M bank are partnering to expand digital lending for SMEs in Mongolia.IFC will provide up to $30 million in financing to M bank, with 25% of the funding earmarked for SMEs owned by women. As part of the program, IFC has been working with M bank to expand its SME finance and supply chain... More

Credit Agricole Egypt has secured a senior unsecured loan of up to $20 million under the Green Climate Fund Green Economy Financing Facility Regional Egypt II framework. The deal aims to promote climate change adaptation and mitigation projects in Egypt’s high-energy-intensive economy.The... More

CABEI has granted a financing package of $96.3 million for the construction of the Tranche B-1 Bypass El Progreso highway in Honduras. The financing was provided on favourable terms, with a 20-year repayment period and a five-year grace period.This project is part of the Honduras Resilient Roads... More

World Bank has approved an energy project in Namibia, aimed at improving the reliability of the country's transmission network and enabling increased integration of renewable energy into the country's electricity system. The $138.5 million project will be implemented by the national... More

European Investment Fund has appointed Nadia Calvino as Chair of the EIF Board. Calvino, who has served as President of European Investment Bank since January 1, succeeds EIB Vice-President Gelsomina Vigliotti. EIF is part of the EIB Group and support Europe's micro, small and medium-sized... More

IFC granted a $25 million loan to Grupo Conclina for the construction of a new hospital in Cumbaya, a new urban growth area located at east of Quito, to promote more affordable and high-quality health services in Ecuador.The loan to Ecuador's leading health services organization will also be... More

The Footprint Firm has launched its inaugural venture fund, totalling DKK375 million ($54.1 million). Backed by established investors including EIFO, North-East Family Office, Realdania, and Chr. Augustinus Fabrikker, The Footprint Fund I aims to accelerate the green transition by making early-stage... More

EIFO has signed a loan agreement with Nibulon, an agricultural company based in Ukraine, for DKK100 million ($14.4 million). This initial draw is part of a total loan of DKK200 million ($28.8 million) allocated to Nibulon. Originally intended for Nibulon's silo and grain mill project in Ismail,... More