Critical mineral supply chains sit at the centre of present geopolitical tensions, from China’s processing monopoly to Ukraine’s untapped deposits. ECAs have been armed with new products to develop mining assets, and a host of projects seem set to benefit. However, it is not yet clear that ECAs can... More
TXF talks to Abdulrahman Al Sowaidi, CEO of Qatar Development Bank (QDB), at the Exile Global 2025 event, discussing topics such as QDB's multifaceted product offering and its expansion within the international ECA market. More
Bristol-based technology group Dynisma has received UKEF support to export to Europe.With a €3 million surety bond issued by NatWest and guaranteed by UKEF’s Bond Support Scheme, Dynisma secured a €10.7 million contract with a European client, accelerating the company’s... More
Transmission system operators Enagas, NaTran, and Terega have signed a shareholders agreement to create a JV for developing BarMar, the renewable hydrogen pipeline between Barcelona and Marseille and a part of the European H2med project.This new step, coming one year after the signing of a joint... More
SACE has backed a financing deal worth up to €45 million (§52.8 million) to Manucor, the Italian subsidiary of Bulgarian group Plastchim-T and one of the leading European manufacturers of BOPP films for food packaging. UniCredit structured the financing, which supports industrial... More
A deal has been reached to ensure supplies of crude oil to a refinery after its owner went into administration.Prax Lindsey Oil Refinery Limited, which owns the plant in Immingham, North East Lincolnshire, filed for insolvency on Sunday, putting hundreds of jobs at risk. The Department for Energy... More
ACWA Power has secured shareholder approval for a SAR7.1 billion ($1.8 billion) rights issue to fund new projects and accelerate its international expansion.The capital raise supports the company’s strategy to triple managed assets to $250 billion by 2030 and boost investments in renewables,... More
EDF will spend an estimated €6 billion ($7 billion) to extend the life of 20 nuclear reactors in France, following approval from the national nuclear regulator.The upgrade will bring safety standards for the 1,300MW reactors in line with the newer European Pressurised Reactor models, allowing... More
Finnvera and Finnish Export Credit have financed Nokia's deliveries to Telekom Srbija in Serbia with a direct export credit of €20 million (over $23 million). Nokia is supplying telecommunications equipment and related services to Telekom Srbija. Traditionally, Finnvera has guaranteed... More
Hive Hydrogen South Africa is seeking proposals from engineering companies to develop the $5.8 billion green hydrogen project it’s planning in the country’s Eastern Cape province.The company, a venture between the UK’s Hive Energy and South Africa’s BuiltAfrica Group, has... More
E.ON is believed to have cancelled plans for a 20MW green hydrogen project in Essen and exited plans to develop a hydrogen pipeline in Germany.All of E.ON’s international hydrogen imports, hydrogen production, and midstream activities will be deprioritised as the company restructures, moving... More
Malaysia’s biggest airline has sealed Airbus deals worth $20 billion. AirAsia reached a tentative agreement to purchase as many as 70 extended-range Airbus single-aisle jets that could reach $12.3 billion. Malaysia Airlines ordered 20 more A330neo widebody planes, in a deal worth $7.5 billion,... More
Babcock's LGE division has secured the first contract to deliver its ecoFGSS-FLEX ammonia fuel supply system.The system enables the utilisation of ammonia as a sustainable propulsion fuel and marks a pivotal step towards decarbonising global shipping. The ecoFGSS-FLEX system will be installed on... More
Sparc Technologies has been awarded A$2.7 million (about $1.8 million) in grant funding from Australia’s Economic Accelerator Innovate programme.Sparc Technologies, together with iron-ore miner Fortescue and the University of Adelaide, has been developing patented photocatalytic water... More
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Full detailsEIFO 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