New Delhi – SAEL Solar MHP1 Pvt. Limited, a subsidiary of SAEL Industries Ltd., a clean energy company, has secured a debt finance amounting to of US$132 million from three global financial institutions —Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale for development of a solar power project in Andhra Pradesh. […]
ADB Signs MOU with AIIB, Azerbaijan, Kazakhstan, and Uzbekistan to Support Feasibility Study for Caspian Green Energy Corridor – EQ
In Short : The Asian Development Bank, AIIB, and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan signed an MOU to support a feasibility study for the Caspian Green Energy Corridor. The project aims to enhance cross-border green energy trade, interconnect regional power systems, and promote sustainable energy transmission from Central Asia to Europe, fostering […]
AIIB Anchor Investor in India’s Largest Renewable Energy Infrastructure Investment Trust – EQ
In Short : The Asian Infrastructure Investment Bank (AIIB) becomes the anchor investor in India’s largest Renewable Energy Infrastructure Investment Trust. This collaboration underscores AIIB’s support for sustainable development and renewable energy initiatives in India. In Detail : Beijing [China] : The Asian Infrastructure Investment Bank (AIIB) has invested Rs 4.86 billion (around USD58.4 million […]
AIIB finds co-op with Kazakhstan in transport, renewable power very promising – EQ
In Short : The Asian Infrastructure Investment Bank (AIIB) has found cooperation with Kazakhstan in the areas of transport and renewable power to be very promising. As an international financial institution that aims to promote sustainable economic development in Asia, the AIIB sees great potential in Kazakhstan’s efforts to improve its transportation infrastructure and harness […]
AIIB Enhances Support for Southeast Asia’s Green Transition and Sustainable Infrastructure Development, Board of Directors Meets at Bank’s Headquarters – EQ Mag
The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved an investment of up to USD120 million in the Seraya Southeast Asia Energy Transition and Digital Infrastructure Fund (the Fund). The investment aims to support the region’s green energy transition and technology-enabled infrastructure development, which is also expected to improve cross-border digital […]
AIIB Launches VC Program for Green, Technology-Enabled Infrastructure – EQ Mag
The Asian Infrastructure Investment Bank (AIIB) will soon provide scarce capital to early-stage companies through small-scale venture capital (VC) funds, thereby promoting innovation in green and technology-enabled infrastructure across AIIB members. The Bank has launched the AIIB Venture Capital Investment Program for Green and Technology-Enabled Infrastructure, mobilizing USD130 million with an additional USD30 million as […]
AIIB Inaugural 5-Year EUR Sustainable Development Bond Receives Strong Market Support – EQ Mag
Following outings in the GBP and USD market in January, the Asian Infrastructure Investment Bank (AIIB) issued its debut benchmark EUR Sustainable Development Bond on Feb. 7, 2023. The 5-year EUR1.5 billion issue attracted strong interest from high-quality investors around the globe. Given the increasing demand for lending activities in EUR, this market unlocks new […]
AIIB Reinforces Commitment to Support Members’ Clean Energy Solutions – EQ Mag
The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved an update to the Bank’s Energy Sector Strategy on Nov. 22, 2022. Under the updated Energy Sector Strategy, AIIB will focus its energy investments on supporting its Members to achieve their long-term climate goals and net-zero/carbon neutrality commitments and to accelerate the […]
AIIB Signs USD200-M On-Lending Facility to Boost Türkiye’s Climate Mitigation and Adaptation Efforts – EQ Mag
The Asian Infrastructure Investment Bank (AIIB) and the Industrial Development Bank of Türkiye (Türkiye Sınai Kalkınma Bankası A.Ş. or TSKB) have signed a USD200-million on-lending facility to contribute to the Republic of Türkiye’s climate mitigation and adaptation goals in line with the Paris Agreement. The facility is backed by a guarantee from the Government of […]
AIIB Signs USD500-Million Agreement at COP27 to Support Pakistan’s Economic Resilience – EQ Mag
At COP27, the Asian Infrastructure Investment Bank (AIIB) signed a USD500-million loan agreement with the government of the Islamic Republic of Pakistan to support the Building Resilience with Countercyclical Expenditures (BRACE) Program. By creating fiscal space for crucial health and social sector spending, BRACE will strengthen Pakistan’s macroeconomic management and support a more sustained and […]