Financing Strategies

FTL Solar, a New York-based renewable energy company, has received US$250,000 in financing from The New York State Energy and Development Authority (NYSERDA). This is its second award... 2008-08-01

On July 18, Japanese property developer Zephyr filed for bankruptcy protection with about US$893mn in debt on its books. The failure is the largest of a listed firm in Japan in almost... 2008-07-22

The Market Vectors Africa Index Exchange-Traded Fund (ETF) was launched on July 14 by New York-based asset manager Van Eck Global. The new ETF is the latest way for investors to tap... 2008-07-17

Petroandina, a joint venture (JV) between Bolivian and Venezuelan state-owned energy companies Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) and Petroleós de Venezuela (PdVSA)... 2008-07-17

Alstom, the French engineering company, has been awarded a US$530mn turnkey contract to construct a 400MW combined cycle power plant in Tunisia. The project marks further inroads... 2008-07-03

Spanish integrated oil and gas producer Repsol YPF has announced plans to spend between US$1.5 and US$2bn on developing the potentially vast crude oil reserves discovered at Brazil's... 2008-07-03

Spain's Gas Natural has agreed to sell a 15% stake in its Mexican subsidiary, Gas Natural México to financial firm Sinca Inbursa.The Carlos Slim-controlled financial will pay EUR47mn... 2008-07-02

Starwood Energy Group Global, a subsidiary of Starwood Capital, and a private equity firm specialising in the energy and power sectors, announced on June 20 the closure of its first... 2008-06-26

On June 16 at the Organization of Islamic Conference (OIC) Business Forum in Kampala, Uganda the formation of the National Islamic Bank of Uganda was announced. The bank will be the... 2008-06-19

Hughes Telematics has agreed to be acquired by Polaris Acquisition for US$700mn. The all-stock deal will give Atlanta-based Hughes a US$140mn capital injection, which Eric Goldman... 2008-06-19