Infrastructure Finance

ADNOC, Temasek join Global Infrastructure Partners in $30b infrastructure push

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GIP ADNOC Temasek

Global Infrastructure Partners, ADNOC, Temasek and investment firm L’IMAD are launching a new infrastructure investment partnership targeting up to $30 billion of investments across the Gulf Cooperation Council, Central Asia, and selected Middle East and North Africa markets. The partnership will focus on sectors including energy, transportation, logistics, digital infrastructure, water, and waste management, according … Read more

ADB taps blended finance model for Acwa’s Uzbekistan wind project

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ADB Acwa

The Asian Development Bank has signed a $116 million financing package with Saudi Arabia-based renewable energy developer Acwa Power to support a 300-megawatt wind power project in Uzbekistan The financing for the Bash 2 wind project in Uzbekistan’s Bukhara region includes a $50 million loan from ADB’s ordinary capital resources, $41 million mobilized from commercial … Read more

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