EXIM India is planning to borrow around $3 billion-$3.5 billion in foreign currency in the fiscal year 2024-25. Despite geopolitical concerns, the bank is optimistic about achieving a credit growth of more than 10-12% in the ongoing fiscal year. The bank's research wing predicts a 12.4% growth... More

EIB and Aena have signed a €160 million ($173 million) loan to finance upgrades to the passenger terminal at Palma de Mallorca International Airport. Upgrades will include optimised commercial and passenger management areas, improvements to terminal facilities such as electricity, air... More

Euler Hermes is considering support for the expansion of the Balabanli 61.4MW wind farm in Turkey. The upgrades will increase the existing project from 25 to 31 ind wind turbines  to a total capacity of 87MW.Located around 17km north of the city of Tekirdag, the Turkish sponsor of the scheme... More

India signed a ten-year contract with Iran to develop and operate the Iranian port of Chabahar.The long-term deal was signed between Indian Ports Global Limited (IPGL) and the Port & Maritime Organisation of Iran. IPGL will invest - with support from EXIM India - about $120 million while there... More

RWE has completed FEED studies for a 200MW green hydrogen project at Grangemouth in the UK that will contribute to Scotland's decarbonisation goals.A grid connection has been secured and the company is shortlisting electrolyser suppliers.The next steps will be progressing towards a planning... More

After almost seven years in project finance at Standard Chartered in Dubai, Pieter-Jan De Schepper has moved to SMBC as head of structured finance for the Middle East. Prior to joining Standard Chartered in 2017, De Schepper spent a further seven years at HSBC in Dubai and Singapore in project... More

EBRD is lending €15 million (about $16.2 million) to renewable energy producer Photon Energy to support its activity in Romania and Poland.EBRD’s investment will enable Photon to complete the construction of a portfolio of six solar parks in Romania with a total installed capacity of... More

The Australian government announced a A$22.7 billion ($15 billion) package to boost domestic manufacturing and renewable energy as the country seeks to reduce its reliance on foreign suppliers for key technologies.Details of the Future Made in Australia package announced in the government's... More

Pacific Energy has signed a 10-year PPA to build, own and operate a 26MW power system at Tronox’s Atlas–Campaspe mineral sands mine near Hatfield, New South Wales.The hybrid system will comprise an 11MW solar farm, a 3MW/6MWh BESS, 12MW of diesel generation and 13km of high-voltage... More