Indonesia has approved a revised development plan for the long-delayed Abadi Masela gas project with $20 billion in investment targeting production to start in 2029.The project, in which Japanese oil and gas company Inpex is the lead investor, has faced years of delay due to various changes, from... More

Orsted has secured support from the EU-Catalyst Partnership for its FlagshipONE project, Europe’s largest e-methanol plant.EU-Catalyst Partnership consists of Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank. Breakthrough Energy Catalyst will acquire a 15... More

The Emerging Africa Infrastructure Fund (EAIF) has committed €46 million ($50 million) to launch Africa’s first electric public bus network in Senegal’s capital, Dakar. The  €132.6 million ($143 million) Dakar Bus Rapid Transit (BRT) project will include a fleet of... More

Investec Power & Infrastructure Finance UK (PIF UK) has arranged a senior debt financing package to support the acquisition of German biomethane producer Weltec Holding.The €240 million ($260 million) package enables DWS and MEAG to make their first investment in the biomethane sector.... More

Cepsa and C2X have announced a joint project to develop the largest green methanol plant in Europe.The project will be developed in the southern Spanish city of Huelva with an investment of up to €1 billion ($1.08 billion). The plant would have the capacity to reach a maximum production of... More

Transmission developer Sterlite Power has secured the order for Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B Transmission project. This is the third Green Energy Corridor (GEC) project in the state of Rajasthan that the company has secured. It will be built under the BOOT model for a... More

Brookfield Asset Management has closed its flagship global infrastructure equity fund, Brookfield Infrastructure Fund V (BIF V), raising $30 billion for the strategy.This includes $28 billion for the fund and $2 billion in related co-investment vehicles. BIF V is the world’s largest... More

Export Finance Norway (Eksfin) and the Polish government have inked an export financing agreement for the purchase of the coastal defence system NASAM from Kongsberg Defence and Aerospace.The Polish development bank BGK manages the financing on behalf of the Polish government. In this transaction,... More

Eight ECAs have used COP28 to launch the UN-convened Net-Zero Export Credit Agencies Alliance in a bid to decarbonise global trade and facilitate joint action from public and private finance. Founding members include Sweden's SEK and EKN, the Export and Investment Fund of Denmark, UK Export... More

SACE has revealed its new ESG strategy at COP28, aligning its business model with the UN Sustainable Development Goals. The strategy integrates ESG criteria into decision-making processes and focuses on accelerating the transition of companies, particularly in key sectors like renewable energy,... More