Luxemburg-domiciled infrastructure investor Alcazar Energy announced a EUR-180-million financial close for the 131-MW first phase of its Stip wind power plant project in North Macedonia. The announcement was made by Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy Partners,...
US synthetic fuel producer Twelve has closed a $45m credit facility. The credit facility refinanced the company’s AirPlant One facility and will support additional expansion for Twelve’s first commercial eSAF facility in Moses Lake, Washington. “We built AirPlant One to...
The financing will be used to support the company’s working capital needs as it continues to deliver flexible packaging solutions for premier consumer brands. CIT Northbridge provided a $70 million revolving line of credit to a U.S based packaging production...
The Lloyds, Societe Generale, and partners delivered the first fully digital letter of credit (LC) transaction under real commercial conditions between France and the UK. Issued by Lloyds on 8 June, the LC covered an industrial equipment export from France...
The bank's benchmark rate is now 2.5%. The European Central Bank raised interest rates Thursday to cool inflation that is being fed by high oil prices from the Iran war. The decision was supported by a stronger-than-expected economy that suggests...
Aclara Resources said the U.S. Export-Import Bank had issued a letter of interest indicating it may provide up to $750 million in financing for the miner’s planned rare-earth separation, metals and alloys facility in Louisiana. The development comes as the...
China added the most gold to its reserves since 2023, accelerating purchases in August even as bullion prices surged. Holdings at the People’s Bank of China, one of the world’s biggest official-sector buyers, rose by 650,000 ounces, according to data...
The UAE has established its position as a global hub for trade and investment, underpinned by an open, agile and multi-partnership economy, advanced infrastructure with the country’s non-oil foreign trade exceeding AED1.9 trillion ($517.36 billion) during the first half...
The gain took the ranking back above $2.5 trillion for the first time since February when gold stocks were shining brightest thanks to bullion trading close to $1,000 per ounce above today’s levels. Gold started the month at $4,043...
Insurance assets’ growth outpaced that of banks during the quarter. The total assets of China’s financial institutions rose 7.7% year on year (YoY) to $83.77t (CNY562.2t) by the end of the second quarter of 2026, according to data from the...
