Latest news

Sovcomflot secures LNG vessel financing facility

Sovcomflot (SCF Group) has signed a new US$297 million limited recourse credit facility, for up to 10 years, with three leading international banks: ING Bank; KfW IPEX-Bank, and Crédit Agricole Corporate and Investment Bank.

read more... 09/05/2019


Romanian coal-power complex CE Oltenia seeks EUR 100 mln loan

Romanian coal and power producer CE Oltenia is close to contracting a EUR 105 million loan from a group of six banks to pay for the Greenhouse gas emissions allowance (or carbon certificates), the president of company’s managing board Sorin Boza stated.

read more... 02/04/2019


Consortium of Italian banks provide €995m for F2i to acquire 333MW portfolio from RTR

A consortium of banks has provided €995m to finance the acquisition by F2i of a 333MW portfolio of solar farms in Italy from RTR.

read more... 10/10/2018


Ukraine wind taps German cash

A consortium of German banks led by Bayerische Landesbank is providing €90m in senior debt finance for the first 100MW phase of DTEK Renewables' 200MW Primorskaya wind farm in the Zaporizhia region of Ukraine.

read more... 29/08/2018


Polish Energa is reviving a project to build a 1 GW coal-fired power plant with big bank backing

Many Western banks are divesting from the coal industry, nevertheless, Polish Energa fossil fuel project is funded through banks and the European Investment Bank. The main scope for Poland is to protect 80,000 jobs in national coal mines. Public opinion in the West is against the use of polluting fossil fuels. Pressure is high, like in December 2015 when Paris Agreement on climate change was promoted by U.N., society pledges to quit coal.

read more... 27/04/2017