INCHEON, REPUBLIC OF KOREA : The Board of Governors of the Asian Development Bank (ADB) today approved the bank’s 2022 financial statements and a $1.1 billion net income allocation from its ordinary capital resources. The allocable net income will be allocated as follows: $716.5 million to ADB’s ordinary reserve to support the bank’s capital growth […]
Ahead of maturity in Sep 2024, Adani Group to pre-pay $1.1 billion – EQ Mag
Adani Group on Monday said that the promoters will pre-pay USD 1,114 million for the release of pledged shares of its firms ahead of the maturity in September 2024 These shares belong to Adani Ports & Special Economic Zones, Adani Green Energy and Adani Transmission, a statement said. “This is in continuation of promoters’ assurance […]
Egypt signs $1.1 billion renewable energy deal with AMEA Power – EQ Mag
DUBAI: Egypt has sealed an agreement with AMEA Power a $1.1 billion agreement for a solar project and a wind farm with a combined capacity of about 1 gigawatt (GW). The Emirati renewable energy company will build, own and operate a 500-megawatt solar facility in Aswan governorate of Egypt and a 500MW wind farm at […]