Lending & Credit
ACWA Power raises $479.7m under the Sukuk programme
It is the second phase of the SAR5b programme.
ACWA Power raises $479.7m under the Sukuk programme
It is the second phase of the SAR5b programme.
Sun Cable sale process starts
Moelis will serve as the sale advisor.
ARENA bares recipients of Australia-Germany hydrogen funding initiative
Australia and Germany committed up to A$50m and EUR50m, respectively.
Malaysia’s TNB secures EUR72m refinance package
It will be used for its offshore wind investment in the UK.
ACEN, BIM Group bags US$107m financing for Vietnam wind farm
The financing package was provided by the Asian Development Bank.
Clean energy tech investment reaches over $1.4t in 2022: IEA
It is around 70% of the total energy investment growth.
Low-carbon investments in Australia to climb by 23%: report
The market will follow Africa which is expected to see the highest investment growth.
Cambodia’s energy transition program gets ADB boost
This includes a $50m loans and a $23m investment.
ADB, Mongolia sign deal for $2m fund for renewable heating systems
The project will be completed by 2025.
ACEN secures AU$277m funding for Australia platform
This forms part of the largest syndicated green term loan facility the company bagged.
China's coal projects at risk of cancellation: report
Around 30 projects currently in the planning stage may be withdrawn.
Coal projects in China’s BRI to decline: Fitch
Despite this, China will continue leading the global financing of coal
Analysts find loopholes in Korean Re’s move to halt coal reinsurance
The company announced it will stop providing reinsurance to new coal mining or power plants.
Renewable energy accounts for only 14% of Asian bank’s financing
No discernible upward trend was seen in the past six years.
Governments clean energy spending reaches $1.2t: IEA
The investments were fuelled by energy security concerns.
Adani unit raises $200m via refinancing facility
It will refinance the 350MW solar project in Andhra Pradesh.
Could coal-based power still get funding
Asian markets have increased coal output to meet energy demand.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises