Latest news
Germany: Merkur offshore wind project secures EUR 1.6bn from investors and banks
A consortium led by DEME Concessions Wind, which includes five sponsors has provided nearly EUR 500 million in equity to develop the 396-MW Merkur offshore wind project in the German North Sea.
read more... 16/08/2016
India and Iran will clear $6.4 billion oil payments through European banks
The central banks of India and Iran have apparently decided to use European Banks to clear oil payments to Tehran. They are valued at $6.4 billion (£4.4bn), according to Indian Oil Minister Dharmendra Pradhan.
read more... 09/05/2016
Bulgaria: BEH agrees 535 million euros loan funding
Bulgarian state energy company BEH has inked a 535 million euro ($602 million) bridge loan with three international banks which should be refunded by a global bond issue within a year, as stated by a senior BEH official on Monday.
read more... 26/04/2016
Daily: European forward power prices resume three-month highs after a weaker start
Oil prices lost more than 2 percent on Monday as data showed new U.S. crude stockpiles builds, while leading banks in commodities stated that the two-month long oil market hike has defied fundamentals. U.S. crude fell $1.09, or 2.5 percent, to settle at $42.64 a barrel. Last week, it reached a five-month high of $44.49. Brent declined 63 cents, or 1.4 percent, to close at $44.48. It attained a mid-November peak of $46.18 last week.
read more... 26/04/2016
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