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07 May 2024

EIFO invests in The Footprint Fund I

The Footprint Firm has launched its inaugural venture fund, totalling DKK375 million ($54.1 million). Backed by established investors including EIFO, North-East Family...

07 May 2024
in
Manufacturing & equipment

EIFO finances agricultural machinery for Ukraine's Nibulon

EIFO has signed a loan agreement with Nibulon, an agricultural company based in Ukraine, for DKK100 million ($14.32 million). This initial draw is part of a total loan of...

07 May 2024

TXF-TFG podcast: A decade of commodity finance

Ahead of TXF’s Global Commodity Finance Conference in Amsterdam on 22-23 May 2024, Trade Finance Global’s (TFG) Deepesh Patel (DP) spoke with Jonathan Bell (JB),...

07 May 2024
in
Renewables

Romania's Urleasca wind farm receives EBRD funds

EBRD is lending over €46 million ($38.8 million) as part of a €93 million financing package to build and operate a 102MW onshore wind farm in Romania. Urleasca...

07 May 2024
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Power, Renewables

Scout closes $100m equipment loan

Scout Clean Energy has closed a $100 million equipment supply loan (ESL) with Rabobank that will be used to fund Scout equipment down payments. Scout intends to...

07 May 2024
in
Renewables

Liquid WInd granted permit for eFuel project

Sweden’s Land and Environmental Court in Ostersund has granted an environmental permit for Liquid Wind's second eFuel project, FlagshipTWO.The facility, located...

07 May 2024
in
Metals and Mining

Glencore sells stake in Peru zinc miner Volcan

Glencore has announced a definitive agreement to sell its stake in Volcan Compañia Minera to a subsidiary of Integra Capital.Transition Metals will pay Glencore...

07 May 2024
in
Metals and Mining

Regis to develop two new underground mines in Western Australia

Regis Resources is planning to develop two new underground mines as part of its growth strategy. These mines, called Garden Well Main and Rosemont Stage 3, are expected...

07 May 2024
in
Metals and Mining

Theta secures $10m for TGME gold plant

Theta Gold Mines has secured an investment of $10 million from Hong Kong Ruihua Investment Management. The investment comes in the form of a share subscription...

07 May 2024

FEX 2024: Meeting the exporters

The Future of Export Finance initiative recently held its annual exporter meeting in Heidenheim. This year, the technology company Voith played host to FEX's German...

07 May 2024
in
Oil & gas

Aramco selects CEPCC for $12bn gas project

Saudi Aramco has chosen China Petroleum Engineering and Construction Company (CPECC) for a key contract involving the expansion of the kingdom's natural gas...

07 May 2024
in
Oil & gas

Exxon Mobil acquires Pioneer Natural Resources

Exxon Mobil has completed its acquisition of Pioneer Natural Resources Company. This merger creates a powerhouse in the Permian Basin, with significant development...

07 May 2024

Sullivan: How to get involved in trade assets financing

In this trade & export finance webinar, Geoffrey Wynne, Partner, looks at the various initiatives as to how parties can become more involved in the trade finance space...

07 May 2024
in
Other

EIB and Bank Respublika to boost finance access for MSMEs in Azerbaijan

EIB has partnered with Bank Respublika to provide a €10 million ($10.8 million) loan to support MSMEs in Azerbaijan. This agreement aims to promote financial...

07 May 2024

Exclusive profile: Queen Creole? EBRD's new head of trade facilitation on digitalisation and sustainability

In her first interview since her appointment on 7 May, Shona Tatchell, the new head of trade and supply chain finance, European Bank for Reconstruction & Development...

03 May 2024
in
Oil & gas, Renewables

Oil & gas licences allowed at North Sea offshore wind sites

Fossil fuel companies will be allowed to explore for oil and gas under offshore wind-power sites for the first time. The UK government is issuing new licenses allowing...

03 May 2024
in
Infrastructure, Transport

Brightline picks Siemens for new trainsets

Brightline has chosen Siemens Mobility as its preferred bidder to provide rolling stock on its new venture Brightline West. The contract will provide for a fleet of 20...

03 May 2024
in
Renewables

CMB.TECH unveils $3.5bn Namibian green hydrogen plan

Antwerp-headquartered CMB.TECH plans to spend $3.5 billion on developing green hydrogen projects in Namibia, including a massive green ammonia production complex in the...

03 May 2024
in
Metals and Mining

Glencore may trigger bidding war for rival Anglo American

Glencore is reportedly considering making a takeover offer for Anglo American that could trigger a multibillion-pound bidding war for the company.It prompted a 3% jump in...

03 May 2024

RBI proposes tightening project finance lending rules

Reserve Bank of India has proposed stricter lending rules for project finance, including higher bank provisioning during the construction and operational phases.Under the...