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Yamal LNG project gets its first €1 billion installment

Yamal LNG, a project operated by Novatek said on Friday it has received the first tranche of financing in the amount of €1 billion provided by Sberbank and Gazprombank under a loan agreement signed in April 2016.

read more... 13/06/2016

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G7 called to stop financing coal projects

Environmental groups pressed Group of Seven (G7) nations led by Japan and Germany to halt financing coal projects abroad, which provided $42 billion since 2007.

read more... 25/05/2016

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Egypt receives $4bn financing from international banks to develop 14 GW of CHP plants

Egypt's state-owned Egyptian Electricity Holding Company (EEHC) has received €3.5bn ($4bn) in financing from Deutsche Bank, HSBC and KfW's Ipex Bank to support the development of three gas power plants, which have a combined capacity of 14.4GW in Egypt.

read more... 14/04/2016

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Russia's Novatek will inaugurate first Yamal LNG train with no extra financing

Russia's Novatek intends to inaugurate its first train with 5.5 million tonnes of yearly LNG capacity in Yamal in 2017, and this will involve no extra financing, as stated on Thursday by Stanislav Shevkunov, a department manager at Novatek.

read more... 11/03/2016

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SSE and Coillte obtain financing for Galway Wind Park

British energy provider SSE, in collaboration with Irish company Coillte, has obtained financing to accomplish construction of Galway Wind Park, as stated by the firms on Thursday.

read more... 08/01/2016

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