John Jovanovic has been confirmed by the United States Senate as president and chairman of the board of directors of the Export-Import Bank of the United States. Jovanovic brings extensive experience in finance, investments, and public service to the ECA.Jovanovic succeeds Reta Jo Lewis, who served... More

Gerald Group has refinanced and upsized its senior secured borrowing base for GT Commodities, the group’s North American trading entity, totalling $700 million. The two-year facility consists of a $670 million revolving credit facility, and a new $30 million standby letter of credit... More

The Export-Import Bank of the United States has authorised two transactions totalling nearly $285 million to support exports and infrastructure projects in Mexico and the Bahamas. The board approved close to $185 million in financing to enable the export of Wabtec modernised locomotives to... More

The European Commission will redirect €992 million in subsidies initially awarded in the second European Hydrogen Bank auction after seven of the 15 winning hydrogen production projects withdrew before signing grant agreements. The affected round had earmarked support for green hydrogen... More

Asterion Industrial Partners has acquired a 25% stake in FluxDune, securing around 15% ownership of Dunkerque LNG, France’s largest LNG receiving and regasification terminal. Dunkerque LNG has a regasification capacity of 13 bcm per year and offers direct connections to both France and... More

The California Legislature has allocated $225 million in its current budget to upgrade port infrastructure supporting offshore wind development along the state’s coast. The funds, approved as part of Proposition 4 under the SB 105 budget bill, are intended to facilitate future offshore... More

Vicuna, a joint venture of BHP and Lundin Mining, is committing more than $400 million to project development activities in Argentina, ahead of seeking regulatory approvals for a multibillion-dollar copper mining initiative. The venture is focused on advancing pre-construction works at the... More

Gevo has signed a carbon dioxide removal sales agreement worth $26 million over five years with Biorecro North America.The contract, executed by Gevo’s subsidiary Net-Zero Richardton, provides Biorecro with voluntary carbon credits generated through bioenergy with carbon capture and storage... More

Algoma Steel has amended its asset-based revolving credit facility, raising the aggregate commitments from $300 million to $375 million. The Canadian steel producer secured an incremental $75 million in new commitments from Export Development Canada, which has joined the existing lender group... More

China's Zijin Gold International, keen to make the most of bullish sentiment for the precious metal, is aiming to raise $3.2 billion in a Hong Kong IPO that is set to be the city's largest in four years.Adding to a strong recovery for Hong Kong's equity capital market, the offering could... More

Bart Poublon has been appointed director of risk services for Asia and Oceania at Atradius. He also becomes a member of the Atradius leadership team. Prior to this promotion, Poublon served as head of risk services for APAC and has contributed to Atradius’ regional operations since... More

Maxus Mining has reached a property option agreement with Equinox Resources to acquire a 100% interest in the Alturas antimony project in British Columbia’s Slocan mining division. The acquisition will see Maxus pay C$300,000 in cash within 15 business days and issue C$400,000 worth of... More

Commodity trader and investment company ResInvest Group said it is in talks to buy Datteln 4, the 1GW coal-fired power plant Uniper must sell as part of the German utility's government rescue in 2022.Datteln 4, located near Dortmund, is the most valuable asset on Uniper's list of asset... More

Eksfin will raise DNB's credit line limits for working capital guarantees from the ECA to NOK1.5 billion ($140 million). The aim is to bolster the availability of financing to Norwegian SMEs engaged in international business. Under the enhanced arrangement, DNB’s SME customers with... More

Ivanhoe Mines has secured a $500 million private placement from Qatar Investment Authority (QIA) to support the exploration, development, and mining of critical minerals, as well as for general corporate purposes. The transaction will see Ivanhoe Mines issue 57,516,666 common shares at C$12.00... More

ENTEK Technology Holdings has secured a majority investment of $800 million from I Squared Capital to build the first US lithium-ion battery separators gigafactory.The investment is complemented by a loan from the US Department of Energy’s Advanced Technology Vehicles Manufacturing programme... More

Bracewell has appointed Patricia Tiller as a partner in its global energy practice based in Dubai. Tiller, an experienced global projects lawyer with a focus on liquefied natural gas (LNG), previously led the Dubai office at Hunton Andrews Kurth. Her arrival expands Bracewell’s... More

Nine local and international companies and consortia have secured exploration licenses for 25 sites in Saudi Arabia’s Nabitah–Ad Duwayhi belt in the Makkah region, committing over SAR156 million ($42 million) to exploration spending. The winners include four consortia —... More