Tags: AIIB

AIIB, IRENA team-up to accelerate Asia’s energy transition

The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilise greater private capital for renewable energy.  The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […]

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L&T Infrastructure closes USD 100 million ECB from AIIB for Renewable Energy Finance

L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from Asian Infrastructure Investment Bank (AIIB), a multilateral development bank that invests in sustainable infrastructure. The development marks AIIB’s first loan to a non-banking financial company (NBFC) in India. The loan […]

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AIIB expects $100m investment a year in India’s solar, wind projects

Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) expects an annual private investment worth $100 million a year in solar and wind projects in India from next month. AIIB expects to tap as much as $100 million green and renewable projects in India from next month, bank’s Director General (Investment Operations) Pang Yee Ean said. In a […]

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L&T Finance arm gets USD 100 million from AIIB for green energy funding

The Beijing-headquartered multi- lateral developmental lender Asian Infrastructure Investment Bank (AIIB) Friday said it will provide USD 100 million in loans to L&T Infrastructure Finance Company for on-lending to wind and solar power infrastructure projects in the country. This deal with the arm of L&T Finance Holdings marks the bank’s first loan to a non-banking […]

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EIB approves loan to fund hydropower project in Georgia

With its approval of a US$150 million loan, European Investment Bank (EIB) joins the European Bank for Reconstruction and Development (EBRD) and Asia Infrastructure Investment Bank (AIIB) in financing the $1.1 billion 280-MW Nenskra hydropower project in Georgia. Earlier this month, HydroWorld.com reported EBRD committed a total of $230 million to the project and to date, AIIB […]

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