Wednesday 26 June 2019
 
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Project Financing

ADFD funds 11 projects worth $381m in 2017

State-run Abu Dhabi Fund for Development (ADFD), the leading UAE entity for development aid, said that it financed 11 development projects worth Dh1.4 billion ($381 million) in 2017, benefiting nine developing countries. Totalling

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ADFD funds 11 projects worth $381m in 2017

State-run Abu Dhabi Fund for Development (ADFD), the leading UAE entity for development aid, said that it financed 11 development projects worth Dh1.4 billion ($381 million) in 2017, benefiting nine developing countries. Totalling

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Masdar JV wind farm wins $1.8bn project financing

Dudgeon Offshore Wind said it has secured £1.3-billion ($1.84 billion) financing for a 402 MW project being co-developed by Abu Dhabi’s renewable energy company Masdar (with a 35 per cent stake) along with Norwegian oil and gas compa

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Masdar JV wind farm wins $1.8bn project financing

Dudgeon Offshore Wind said it has secured £1.3-billion ($1.84 billion) financing for a 402 MW project being co-developed by Abu Dhabi’s renewable energy company Masdar (with a 35 per cent stake) along with Norwegian oil and gas compa

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UAE aims to set nuclear fuel plan in Q1 2012

UAE nuclear power developer Enec expects to finalise fuel procurement plans and its financing strategy in the first quarter of 2012, a spokesman for the company said on Tuesday.      'Negotiations are going on

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Emirates Steel signs $1.1bn project financing

Emirates Steel, the largest integrated steel producer in the UAE, has signed a $1.1 billion, seven-year project financing agreement with a consortium of seven conventional banks and two Islamic finance institutions. Emirates Steel is a sub

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Emirates Steel to consolidate debt financing

Abu Dhabi-based Emirates Steel is finalising plans to consolidate its debt financing and intends to launch the first major project finance transaction in the GCC in the first quarter of 2010, the company said in a statement. Emirates Steel

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Project financing in Gulf 'shrinks by half'

Project financing in the energy rich Gulf has halved this year as banks steer away from lending, a senior executive from HSBC said on Monday. Syndicated loans for projects in the Gulf has totalled around $30 billion so far this year compar

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