EIFO is investing $5 million into D3, a defence technology venture fund with a strong presence in Ukraine. The investment will boost Ukrainian and European defence innovation, funding the development and scaling of new defence technologies including drones, sensors, demining and AI solutions.D3... More

Telecom Italia (TIM) is set to receive a €750 million ($884 million) syndicated loan backed by Italy's export credit agency Sace. The five-year facility provided by a pool of banks will benefit from a 70% guarantee under Sace's Archimede scheme, sources said. It is expected to be... More

Final power purchase contracts for Massachusetts’ latest offshore wind procurement round will be postponed until at least December amid federal policy uncertainty.The state’s Department of Energy Resources confirmed that electric utilities Eversource, National Grid and Unitil are aiming... More

Deep Wind Offshore has obtained an Electricity Business Licence (EBL) from Korea’s Electricity Regulatory Commission for a part of the Admiral Lee offshore wind project.The licence is the first of several electricity licences planned for the 1.5GW Admiral Lee project and covers a 345MW... More

Venture Global has signed a 20-year SPA with Petronas LNG.Petronas LNG, a subsidiary of the Malaysian state-owned oil and gas company Petronas, will purchase 1 million tonnes per annum of LNG from Venture Global’s third facility, CP2 LNG in Cameron Parish, Louisiana, for 20 years. This builds... More

The European Commission and the European Investment Bank have disbursed €3.66 billion ($4.3 billion) from the Modernisation Fund to support 34 energy related projects in nine EU Member States.These investments will support the modernisation of energy systems in the EU. They will reduce GHG... More

Trafigura has signed two financing deals worth a total of $100 million covered by Arab Investment and Export Credit Guarantee Corporation (Dhaman). The three-year financings were provided by Standard Chartered (sole coordinator, structuring bank and agent) and SMBC. Proceeds will be used to... More

Michelle Davies and Rob McNabb have joined Jones Day as partners in the energy practice. Based in London, both lawyers have extensive energy experience and will focus on energy transition and infrastructure projects and transactions.Davies focuses on M&A across the energy sector but also advises... More

Santos has signed a mid-term LNG supply contract with QatarEnergy Trading.The contract is to supply approximately 0.5 million tonnes of LNG per annum over a period of two years from 2026, with LNG being supplied from Santos’ portfolio of LNG assets on a delivered ex-ship basis. More

Orica’s Hunter Valley Hydrogen Hub (HVHH) is set to receive up to $432 million in grant funding as the second recipient of ARENA’s Hydrogen Headstart Programme.HVHH, in New South Wales, will produce renewable hydrogen using a 50MW electrolyser powered by renewable electricity. This... More

IFC and IndiGrid are partnering to develop a 180MW/360MWh standalone battery energy storage system project in Gujarat, India. The project is designed to play a key role in supporting the state’s clean energy goals by enhancing grid stability and ensuring reliable power is available during peak... More

AfDB has approved a $50 million trade finance transaction guarantee facility to support to trade finance activities of Awash Bank in Ethiopia.This facility will enable AfDB to provide a guarantee of up to 100% to confirming banks for the non-payment risk arising from the confirmation of letters of... More

Liquify, a trade finance platform founded by two women entrepreneurs, has announced the closure of a $1.5 million seed funding round led by Future Africa. The round included participation from Launch Africa Ventures, 54 Collective, Digital Africa, and Equitable Ventures. The funding will accelerate... More

At the Fourth International Conference on Financing for Development, the UN-adopted outcome document - the Compromiso de Sevilla - formally acknowledged the critical role of export credit agencies in the context of private capital mobilisation for sustainable economic development.This is an... More

China has officially greenlit its first inter-provincial green hydrogen pipeline — a 400km route that will deliver hydrogen from Inner Mongolia to Beijing. The project received local approval from the Inner Mongolia Energy Bureau. The pipeline, to be developed by Sinopec, will serve its... More

ECOWAS Bank for Investment and Development (EBID) has approved a total amount of €174 million and $125 million to finance projects aimed at stimulating economic growth and fostering industrialisation for the sub-region.The approved sums will go towards the following projects:A €50 million... More

Sri Lanka has taken another key step in its ongoing external debt restructuring process, signing a bilateral agreement with Hungarian Export Credit Insurance to reschedule outstanding loans valued at around €30 million ($35 million).Under the terms of the agreement, Hungarian Export Credit... More

IDB Invest is providing a $70 million loan to grow the portfolio of Brazil’s Banco Sicoob in sustainable agriculture and energy. The financing package includes funding from the Canadian Net Zero and Climate Resilience Accelerator.The project will support growth in the Amazon region, in... More