IslamicFinance.de

In an announcement on Wednesday, Bank of London and The Middle East plc (BLME) informed about a significant senior secured transaction with Greenergy Biofuels Limited. BLME is the lead arranger and the main shareholders with equal stakes are BLME and a bank basedin Qatar. The facility is secured against the assets of a biodiesel plant located in Immingham, Humberside, UK.

More on: http://www.zawya.com/story/BLME_arranges_senior_secured_Murabaha_finance...

Bank of London and The Middle East plc (BLME) signed a £14 million leasing deal with Global Marine Systems Ltd.
According to the agreement, BLME will support Global Marine in the acquisition and refit of an offshore power cable installation barge. The barge will be uniquely suited for the installation of a full range of subsea power cables. The increased request for this type of cable installation barge is directly connected to the growth of offshore electricity transmission being constructed to link the off-shore wind farms now being built throughout the North Sea and surrounding waters.