Lending & Credit
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.
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.
Zenith Energy secures A$440m debt financing
It will be used for its new generation projects, amongst others.
Indonesia bags $500m loan for energy sector, Green RecoveryÂ
The loan was approved by the Asian Development Bank.
Israel’s Econergy secures €250m investment for renewable projects
The investment will be provided by RGREEN INVEST.
Indonesia to get $20b under Just Energy Transition Partnership
The country’s plans include peaking the power sector’s total emissions by 2030.
IRENA’s energy transition platform bags $1b investments
The platform aims to ramp up funding for renewable projects in developing countries.
ACWA Power, OIA ink MoU to co-invest in 1.5GW wind project in Egypt
The Oman Investment Authority is looking into owning 10% of the project.
ACEN divests 246MW Philippine coal plant
This is the first-ever transaction completed through the Energy Transition Mechanism.
Australian Government expands ARENA 2022-23 federal budget
This will include A$146.1m for the decarbonisation of the road transport sector.
ACEN Australia bags $75m funding for 8GW renewable energy projects
This CEFC investment will accelerate the development of ACEN’s renewables portfolio.
TNB secures fund for large-scale solar project in Bukit Selambau
CIMB Islamic Bank will provide debt funding for around $39.2m.
Vena Energy, CDPQ partner to develop first green project bond in Japan
It will finance a 35MW solar project.
US sanctions hit Iran’s clean energy sector: report
These have made it challenging for Iran to secure debt and equity finance amongst others.
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