Offshore Cape Three Points (OCTP) Closes

Offshore Cape Three Points (OCTP) Closes Loan signing on the $1.35 billion limited-recourse debt financing for Vitol’s working interest in the Offshore Cape Three Points/Sankofa oil and gas project in Ghana, West Africa took place today. The financing has a hybrid structure combining Reserve Based Lending (RBL) and Project Finance features. Debt facilities were provided […]

US Ex-Im Bank board approves Indian Solar PV project

US Ex-Im Bank has announced that its Board of Directors has approved an export finance loan of US$ 9 million as part of the debt financing for a 11.6 MW solar PV project in Rajasthan, India sponsored by KSK Energy Ventures, an Indian power developer. Debt is being co-financed by IDBI Bank Ltd. Portland Advisers […]

Portland wins Green Africa Power advisory mandate with PIDG Trust

Portland Advisers, as part of the Trinity Consortium also including Trinity International LLP, a law firm with a specialised focus on Africa, and Evolution Markets, a carbon broker  and transaction structuring firm, has won the advisory mandate to progress the development of PIDG’s Green Africa Power (“GAP”) initiative.  Each of the three members of the […]