Jo Bamford launches FUZE asset finance solution for zero-emission bus funding Green pioneer and Wrightbus owner Jo Bamford today launched FUZE, a unique asset finance company offering the complete solution for the funding of zero-emission buses. Heralding the industry as being “on the cusp of vital c...
Ritchie Bros. acquires Euro Auctions for $1.08 billion to expand international reach Ritchie Bros., a leading global asset management, disposition, and services company; and Europe’s leading plant and machinery auction house, Euro Auctions, have jointly announced that they have entered into an agr...
Project funds 200 solar-powered water desalination units in Kenya Climate Fund Managers (CFM) has agreed to co-finance and co-develop a portfolio of solar-powered desalination installations, turning brackish groundwater into drinking water. Under the agreement reached with Solar Water Solutions (SWS), C...
Econ expands with new £7m Engineering facility to manufacture Gritters Gritter manufacturer, Econ, is to expand its North Yorkshire operation further with the development of a new £7m engineering facility near Thirsk. The family owned-business, which makes more than 85 per cent of the UK’s winter road m...
Ferrovial sells its Environmental Services business in Spain and Portugal to PreZero Ferrovial has reached an agreement to sell its Environmental Services business in Spain and Portugal to PreZero, an enterprise of Schwarz Group, as part of the process of divesting Ferrovial Services. The transaction, w...
EIB launches public consultation to redefine their transport lending priorities The European Investment Bank (EIB), as one of the largest financiers of European transport infrastructure and mobility solutions, today launched a new public consultation on its support for the sector. The aim is to redefine...
The World Bank commits to support resilient recovery in Jamaica The World Bank’s Regional Vice President for Latin America and the Caribbean, Carlos Felipe Jaramillo, completed a three-day visit to Jamaica. This was his first official visit within the region since being appointed to the post in May last...
Mindtech raises $3.25m for AI Vision Synthetic Data Training Platform Mindtech Global, developer of the world’s leading end-to-end synthetic data creation platform for training AI vision systems – today announced closing a $3.25 million funding round. The round was led by NPIF – Mercia Equity Fina...
Abu Dhabi Fund for Development supports road infrastructure development in Rwanda Abu Dhabi Fund for Development (ADFD), the economic development arm of the UAE government, signed an agreement with the Government of Rwanda to provide a concessionary loan valued at USD 15 million (AED55 million) to finan...
HSBC arranges Green Guarantee for Gammon and Hong Kong Airport works Gammon Construction Limited and HSBC announced an agreement to implement a green guarantee of HKD258 million to support the development of Hong Kong International Airport Terminal 2 Expansion Works project. Executed in the form of a gr...
EIB provides financing for Kekava bypass PPP project in Latvia The European Investment Bank (EIB) has signed up to finance the Public-Private-Partnership (PPP) that will design, build, finance and maintain a bypass to the stretch of the E67/A7 motorway that currently passes through the municipality of K...
Accra interchange project completed to boost trade and incomes in Ghana A jumbo road interchange financed by the African Development Bank Group has opened in the Ghanaian capital, Accra, amid hopes the new infrastructure will help reduce road fatalities, ease mobility and spur trade within Ghana as well...
EIB supports Road Safety in Cyprus with €362m financing Werner Hoyer, President of the European Investment Bank and Alain Godard, Chief Executive of the European Investment Fund, today visited Cyprus and joined Constantinos Petrides Minister of Finance, Yiannis Karousos Minister of Transport, Communicat...
World Bank $50m grant supports Urban Development in Sierra Leone The World Bank Board of Executive Directors approved a $50 million grant from the International Development Association (IDA) for the Resilient Urban Sierra Leone Project. The project will improve integrated urban management, service deliv...
Ulaanbaatar to get sustainable urban transport in Outer Mongolia The World Bank Board of Directors approved a $100 million loan to support the Ulaanbaatar Sustainable Urban Transport Project, which will develop a comprehensive framework for sustainable urban mobility for Mongolia’s capital, and will red...
Ukraine to benefit from $212m finance for Power Infrastructure Integration The World Bank’s Board of Executive Directors approved a $212 million financing package, including a $177 million International Bank of Reconstruction and Development (IBRD) loan, a $34 million Clean Technology Fund (CTF) concess...
Turkmenistan Investment and Development Forum 2021 This year Turkmenistan celebrates their 30th anniversary of independence. To mark the occasion they will be bringing together leading international companies who can assist with the development of Turkmenistan in diverse areas ranging from construction,...
Generation Bitcoin demands new construction equipment ownership models With new ways of doing business, features-as-a-service and a more direct relationship with manufacturers all in the mix, a once-stable construction equipment industry is in a state of flux. Here, industry thinkers Alan Berger and Car...
ADB loans $150m for Solomon Islands Land and Maritime Connectivity Project The Asian Development Bank (ADB) has approved support of almost $150 million to boost land and maritime connectivity in Solomon Islands. ADB is providing a grant of $74.5 million sourced from the Asian Development Fund and a conc...
ADB finances $100m Bangladesh Rural Road Network expansion The Asian Development Bank (ADB) has approved a $100 million loan to expand the coverage of an ongoing rural road network improvement project in Bangladesh, connecting the rural population to agricultural development zones. This additional finan...
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