News

Financial Services

Staff Reporter

, Hong Kong

Published:

1 year ago

187 views

Project Ivovik. Photo from DBS Hong Kong

DBS, CNTIC ink $122m green bridge loan deal to fund wind farm project

The project will be in Tomislavgrad and Livno in Bosnia and Herzegovina.

Financial services firm, DBS Hong Kong, and offshore investment, CNTIC Capital Company Limited, inked over $122m (€15m) worth of green bridge loan deal to finance CNTIC Hong Kong’s wind farm project.

Also included in the deal is Genertec, a wholly subsidiary of China General Technology Group and one of the largest engineering, procurement, and construction conglomerates in China.

The project, titled Project Ivovik, will be established in Tomislavgrad and Livno in Bosnia and Herzegovina. It will also be developed by CNTIC Hong Kong and PowerChina Resources

With an installed capacity of 84 milliwatts, the wind farm will aid in reaching carbon peak and carbon neutrality in Bosnia and Herzegovina.

$1 = €0.12

Follow the link for more news on

DBS

Also Read

Govt to raise protection limit of Deposit Protection Scheme

Govt to launch eMPF platform in June

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Hong Kong extends green and sustainable finance grant scheme for 3 years

The grant scheme will also expand to cover transition bonds and loans.

10 hours ago

Retail sales value dip by 7% MoM to $31.2b in March

Amongst retail outlets, "jewellery, watches and clocks, and valuable gifts" recorded the steepest decline.

Retail

10 hours ago

Hang Seng upgrades annuity plan

Only 22% of professionals felt confident about their retirement funds.

Insurance

13 hours ago

Govt to raise protection limit of Deposit Protection Scheme

The protection limit will be increased by $300,000.

Financial Services

13 hours ago

Exclusives

Why avocados are now a permanent part of Shake Shack Hong Kong's menu

The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.

Food & Beverage

Hong Kong’s Hottest Startups of 2024

Fintech and AI startups dominated the list.

Markets & Investing

Hong Kong sets higher investment threshold for residency

Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.

Markets & Investing

Days of excess are over, investors warn founders

Deal activity in Asia Pacific fell 26.3% YoY in 2023.

Markets & Investing

Event News

HKB Greater Bay Area Enterprise Awards 2024 Winner: Mead Johnson Nutrition (Hong Kong) Limited

Food & Beverage

Mead Johnson Nutrition Hong Kong Ltd. highlights its commitment to infant and child nutrition with Hong Kong Enfinitas, a revolutionary infant formula with scientifically proven ingredients for optimal development.