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Finance News
DCV Engineering expands with a new Doosan Excavator fleet
DCV Engineering expands with a new Doosan Excavator fleet With headquarters in Wellingborough in Northamptonshire, plant hire business DCV Engineering Ltd, has expanded the company’s rental fleet with...
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Dobbs Truck Group expands Peterbilt dealership in Sumner, Washington
Dobbs Truck Group expands Peterbilt dealership in Sumner, Washington On Wednesday, March 31, the Dobbs Truck Group officially broke ground on their new Dobbs Peterbilt dealership, as well as Dobbs Tru...
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Avinor takes step towards autonomous snow removal for Norwegian airports
Avinor takes step towards autonomous snow removal for Norwegian airports Norwegian airport operator Avinor is now taking the next step towards autonomous snow removal through a new framework agreement...
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African Development Bank funds €145m for railway safety and reliability in Egypt
African Development Bank funds €145m for railway safety and reliability in Egypt The Board of Directors of the African Development Bank has approved a loan of €145 million to finance reliability and p...
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Peterbilt unveils all-new truck models
Peterbilt unveils all-new truck models Peterbilt Motors Company unveiled today the all-new medium duty Model 535 and Model 536, designed for the Class 5/6 non-CDL lease and rental markets and the all-...
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SENNEBOGEN tree care handler a game changer for Atlas Tree Surgery in California
SENNEBOGEN tree care handler a game changer for Atlas Tree Surgery in California Atlas Tree Care Surgery Inc, a tree care services company based in Santa Rosa, California, has grown considerably in ma...
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VolvoCE adds entry-level package for Compact Assist Intelligent Compaction System
VolvoCE adds entry-level package for Compact Assist Intelligent Compaction System As part of the company’s ongoing commitment to customer productivity, Volvo CE has introduced Compact Assist Start, a...
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6 things to consider when overseeing project cost control
6 things to consider when overseeing project cost control Project cost control is certainly complex, without taking the uncertainties of the Coronavirus pandemic into account. This typically incorpora...
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EBRD funds new trolleybuses in Balti, Moldova
EBRD funds new trolleybuses in Balti, Moldova Commuters in Balti, Moldova’s second-largest city, can now travel on 11 new trolleybuses funded by the European Bank for Reconstruction and Development (E...
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Ritchie Bros. celebrates $52+ million sales at latest regional auction in US Midwest
Ritchie Bros. celebrates $52+ million sales at latest regional auction in US Midwest Ritchie Bros.‘ regional auction success continued this week with a US$52+ million U.S. Midwest event on March...
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ADB financing $300m for Hydropower Plant on the Kunhar river in Pakistan
ADB financing $300m for Hydropower Plant on the Kunhar river in Pakistan The Asian Development Bank (ADB) has approved a $300 million loan to finance the construction of a 300-megawatt hydropower plan...
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JCB wins huge £65 million order for 2,100 machines from Sunbelt Rentals
JCB wins huge £65 million order for 2,100 machines from Sunbelt Rentals Britain’s biggest equipment rental company is investing in 2,100 new JCB machines in a deal worth £65 million – the biggest ever...
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Autonomous truck company Plus fundraising reaches US$420m
Autonomous truck company Plus fundraising reaches US$420m Plus, a leading provider of self-driving truck technology, today announced it has added $220 million in new financing co-led by FountainVest P...
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Ritchie Bros takes the US online market by storm with $55m regional auction
Ritchie Bros takes the US online market by storm with $55m regional auction Since moving its auctions to 100% online bidding, Ritchie Bros. has taken advantage of the digital world by bringing smaller...
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EIB invests €40m for urban transport improvements in the Canton of Sarajevo
EIB invests €40m for urban transport improvements in the Canton of Sarajevo To support the transition to more sustainable transport modes, the European Investment Bank (EIB) is providing €40 million f...
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nPlan secures $18.5m investment to mitigate risk with AI analytics
nPlan secures $18.5m investment to mitigate risk with AI analytics nPlan, a company that uses machine learning to forecast the duration, risks and opportunities of construction projects, has secured a...
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Romal Capital £100m waterfront development to bring Sydney to Liverpool
Romal Capital £100m waterfront development to bring Sydney to Liverpool Global property developer Romal Capital has reinforced its commitment to Liverpool’s Central Docks by committing £100m to transf...
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I Squared Capital awarded Asia Pacific Transport Investor of the Year
I Squared Capital awarded Asia Pacific Transport Investor of the Year I Squared Capital has been awarded the 2020 Asia Pacific Transport Investor of the Year Award for its investment in Cube Highways...
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Paragon Bank supports Warwickshire AR Demolition with over £860k in funding
Paragon Bank supports Warwickshire AR Demolition with over £860k in funding Paragon Bank continues to support UK SMEs, providing a funding package of £865,000 to Nuneaton-based demolition specialist,...
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World Bank funds $500m for road and digital connectivity in Bangladesh
World Bank funds $500m for road and digital connectivity in Bangladesh The government of Bangladesh has signed a US$500 million agreement with the World Bank for finance to help rehabilitate the Jasho...
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CASE LIVE Webcast features Equipment Finance Solutions
CASE LIVE Webcast features Equipment Finance Solutions CASE Construction Equipment is launching CASE LIVE — a new broadcast and engagement platform with live events and educational sessions delivering...
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The collateral benefits of Project Finance
The collateral benefits of Project Finance In their 2006 Pensions Report the OECD highlighted what they then identified as the looming ‘financial crisis’ and the accelerating exodus of private capital...
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AfDB and EIB sign Partnership Action Plan to fast-track development in Africa
AfDB and EIB sign Partnership Action Plan to fast-track development in Africa The African Development Bank (AfDB) and the European Investment Bank (EIB) today signed a joint partnership action plan hi...
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Teledyne to acquire FLIR Systems for $8 Billion
Teledyne to acquire FLIR Systems for $8 Billion Teledyne Technologies Incorporated and FLIR Systems, Inc. jointly announced today that they have entered into a definitive agreement under which Teledyn...
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EIB supports €1.128 billion urban transport in Egypt
EIB supports €1.128 billion urban transport in Egypt The European Investment Bank (EIB) and the Arab Republic of Egypt have signed a €1.128 billion agreement to support investments in the rehabilitati...
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EBRD invests €450m for Ukraine Road Infrastructure
EBRD invests €450m for Ukraine Road Infrastructure Supporting two major goals of the government of Ukraine – improving the national road infrastructure and fighting corruption – the European Bank for...
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EBRD joins in €77.6m investments in infrastructure for Western Balkans
EBRD joins in €77.6m investments in infrastructure for Western Balkans The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and bilateral donors are stepping up their s...
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EIB backs €470 million road safety scheme in Greece
EIB backs €470 million road safety scheme in Greece The European Investment Bank has agreed to support a €470 million nationwide programme to reduce death and injury caused by traffic accidents across...
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Volvo Group launches green finance framework
Volvo Group launches green finance framework Volvo Group launches a Green Finance Framework for the financing of investments and projects in the area of clean transportation. The framework is classifi...
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Six pilot PPP projects could attract $2 Billion for Ukraine’s roads
Six pilot PPP projects could attract $2 Billion for Ukraine’s roads A new study reveals that properly structured public-private partnership (PPP) projects can help Ukraine attract potential inve...
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Crédit Agricole CIB supports Gammon Construction’s Green Guarantees in Asia-Pacific
Crédit Agricole CIB supports Gammon Construction’s Green Guarantees in Asia-Pacific Gammon Construction and Crédit Agricole Corporate and Investment Bank have announced an agreement to implement...
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Paragon Bank supports start-up FinniGroup to create a family plant hire business
Paragon Bank supports start-up FinniGroup to create a family plant hire business Paragon Bank is enabling three Leicestershire-based sisters to follow in the footsteps of their father by providing fun...
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EBRD finances almost 400 trolleybuses for 12 Ukraine cities
EBRD finances almost 400 trolleybuses for 12 Ukraine cities Over six million inhabitants of 12 cities in Ukraine are benefiting from better and more comfortable public transport thanks to the introduc...
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EBRD and Khan Bank underwrite heavy machinery company in Mongolia
EBRD and Khan Bank underwrite heavy machinery company in Mongolia The European Bank for Reconstruction and Development (EBRD) and local lender Khan Bank are supporting the operations of Mongolia’s lea...
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John Deere brings back No Payments, No Interest Finance for Compact Equipment
John Deere brings back No Payments, No Interest Finance for Compact Equipment To provide continued support to its customers, John Deere is offering its popular “No Payments, No Interest” finance offer...
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Covid19 and Capital Expenditure Investments
Covid19 and Capital Expenditure Investments Cancelled projects, interrupted supply chains, employee health and safety concerns — this is the reality for many construction companies following the coron...
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How to build a Successful Trucking Company
How to build a Successful Trucking Company Building a successful trucking company can be quite the challenge, but there are many steps you can take to help you get where you need to go. Although there...
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EIB approves €12.6 billion for transport, clean energy and urban development
EIB approves €12.6 billion for transport, clean energy and urban development The European Investment Bank (EIB) today approved €12.6 billion of new financing for projects across Europe and around the...
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World Bank funds $130.8m road infrastructure upgrade in Uganda’s West Nile sub-region
World Bank funds $130.8m road infrastructure upgrade in Uganda’s West Nile sub-region The World Bank Board of Directors today approved a grant of $130.8 million from the International Developmen...
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World Bank project in Himachal Pradesh to deliver safer, resilient roads
World Bank project in Himachal Pradesh to deliver safer, resilient roads The Government of India, the Government of Himachal Pradesh and the World Bank today signed a $82 million project to support Hi...
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UK experts call for £1b of investment for start-ups developing future mobility solutions
UK experts call for £1b of investment for start-ups developing future mobility solutions Prospedia Capital and Beauhurst have studied the investment flowing into early and growth-stage companies servi...
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AfDB financing Mueda-Negomano road phase II in Mozambique
AfDB financing Mueda-Negomano road phase II in Mozambique The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 3...
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Time is running out to apply for the Coronavirus Business Interruption Loan Scheme
Time is running out to apply for the Coronavirus Business Interruption Loan Scheme The window to attract crucial funding from the Government-supported Coronavirus Business Interruption Loan Scheme (CB...
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EBRD supports 35 year Port of Olvia concession project in Ukraine
EBRD supports 35 year Port of Olvia concession project in Ukraine Despite a challenging global economic outlook, Ukraine continues to attract leading international transhipping and stevedoring compani...
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CAT Financial introduces new deals to help construction firms get back on track
CAT Financial introduces new deals to help construction firms get back on track Cat Financial has introduced a bundle of finance deals to help construction firms get their businesses back on track as...
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EIB finances €15m for smart charging technology at The Mobility House in Germany
EIB finances €15m for smart charging technology at The Mobility House in Germany The European Investment Bank (EIB) and The Mobility House, a leading technology company and solution provider for charg...
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Asian Development Bank invests $31m to improve roads in Papua New Guinea
Asian Development Bank invests $31m to improve roads in Papua New Guinea The Asian Development Bank has approved a $31 million loan to expand and improve the road network in Papua New Guinea. The Tran...
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EBRD and KfW IPEX-Bank invest in electric car industry in Poland
EBRD and KfW IPEX-Bank invest in electric car industry in Poland Two leading European banks are promoting the electric car industry with an investment in a new plant in central Poland run by global ch...
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North American Development Bank finances Mexican border-wide transportation project
North American Development Bank finances Mexican border-wide transportation project The North American Development Bank (NADB) signed an initial loan agreement for up to $155.4 million pesos with Valu...
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Don’t miss out on the unbeatable Mecalac Buy Now Pay Later finance package
Don’t miss out on the unbeatable Mecalac Buy Now Pay Later finance package Time is running out for construction professionals nationwide to take advantage of Mecalac’s Buy Now… Pay Later f...
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EBRD finances $7m flood-protection scheme in Erdenet, Mongolia
EBRD finances $7m flood-protection scheme in Erdenet, Mongolia More than 15,000 people will directly benefit from sustainable infrastructure designed to protect them from seasonal flooding, thanks to...
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ADB and BOCFL finance $80m for Sustainable Urban Transport in China
ADB and BOCFL finance $80m for Sustainable Urban Transport in China The Asian Development Bank (ADB) has signed an $80 million loan with Bank of Communications Financial Leasing Co. Ltd. (BOCFL) to fu...
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African Development Bank finances $1.2m study for Ethiopia to Sudan railway
African Development Bank finances $1.2m study for Ethiopia to Sudan railway The African Development Bank’s Board of Directors has approved a $1.2 million grant to Ethiopia’s government to finance a fe...
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KfW IPEX-Bank financing the eco-friendly expansion of Schiphol Airport
KfW IPEX-Bank financing the eco-friendly expansion of Schiphol Airport The project includes a new passenger terminal, a new aircraft pier and additional infrastructure. Construction of the new pier is...
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Mecalac announces unbeatable finance package for UK customers
Mecalac announces unbeatable finance package for UK customers Working in conjunction with Mecalac Financial Solutions, Mecalac Construction Equipment UK has launched an unbeatable Buy Now… Pay L...
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Mozambique and African Development Bank finance Mueda-Negomano road phase II
Mozambique and African Development Bank finance Mueda-Negomano road phase II The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for...
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ADB finances $177m for road construction in Maharashtra State
ADB finances $177m for road construction in Maharashtra State The Asian Development Bank (ADB) has approved a $177 million loan to India to upgrade 450 kilometers (km) of state highways and major dist...
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Nordic Investment Bank finances €70m for hydropower in Sweden and Finland
Nordic Investment Bank finances €70m for hydropower in Sweden and Finland NIB has signed a ten-year loan agreement of €70 million with Fortum Oyj to finance the refurbishment of two hydropower plants...
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EBRD finances €75m for modernisation of Tbilisi metro in Georgia
EBRD finances €75m for modernisation of Tbilisi metro in Georgia Residents of Georgia’s capital Tbilisi will benefit from a €75 million sovereign loan, with €65 million provided by the EBRD and €10 mi...
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KfW IPEX-Bank and MEAG financing A3 motorway expansion in northern Bavaria
KfW IPEX-Bank and MEAG financing A3 motorway expansion in northern Bavaria As part of an international consortium, KfW IPEX-Bank and MEAG are financing the six-lane expansion of federal motorway 3 (A3...
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