Export-Import Bank of Malaysia has signed a $20 million (MYR87.8 million) supplier financing facility agreement with Pertama Ferroalloys to support the expansion of the company’s production capacity in Bintulu, Sarawak.The financing facility is expected to help Pertama Ferroalloys scale its... More

The Swedish government has proposed raising EKN’s guarantee limit by SEK50 billion to SEK550 billion (over $56 billion) in response to growing demand for export credit guarantees.The proposal - made in the government's spring budget - comes amid heightened global uncertainty, including... More

The US Department of Interior announced it has ordered a stop to the construction of Equinor’s Empire Wind offshore wind farm.Interior Secretary Doug Burgum wrote that the department is “directing the Bureau of Ocean Energy Management (BOEM) to immediately halt all construction... More

Uniper and Woodside have signed LNG sale and purchase agreements for the supply of 1 million tonnes per annum from Louisiana LNG and up to 1mtpa from its global portfolio.Louisiana LNG will supply 1mtpa of LNG on a free-on-board basis for up to 13 years from the commercial operations date of... More

Montenegro has extended until July 2028 the current structure of the hedging agreement signed in January 2024 to protect its budget from foreign exchange risks linked to the repayment of a US dollar loan from the Export-Import Bank of China for the construction of the Bar–Boljare motorway.The... More

Dutch development bank FMO's co-chief investment officer Peter Maila is moving to supply chain finance group Zvilo. Maila will lead London-headquartered Zvilo’s expansion into the African market as CEO Africa. Maila will end his time at FMO at the end of June.Huib-Jan de Ruijter,... More

World Bank president Ajay Banga has doubled down on his push to revamp the bank's energy strategy to end a ban on lending for nuclear power projects and enable more natural gas projects. He said he would seek executive board approval in June.The changes would mark a shift from the bank's... More

Halit Ozgur Dural has moved to JPMorgan Chase as vice president, global corporate clients - Turkey & CIS. He will be based in Istanbul. He has over 15 years of experience in corporate and commercial banking, structured export and trade finance, debt origination, and export credit agency-backed... More

The French government has signed off on €99.84 million ($113 million) of state aid towards the construction of France’s first manufacturing site for anion exchange membrane (AEM) electrolysers.Electrolyser manufacturer Gen-Hy had been approved for the grant via the EU’s Important... More

Lundin Mining has completed the sale of its Neves-Corvo operation in Portugal and Zinkgruvan operation in Sweden to Boliden for a total consideration of up to $1.52 billion.Boliden has acquired 100% of the shares of Somincor–Sociedade Mineira de Neves-Corvo, which operates Neves-Corvo, and... More

ADB has approved a $104 million loan to help enhance Georgia’s energy security.Under ADB’s Energy Storage and Green Hydrogen Development Project, the bank will help Georgia create its first-ever energy storage facility and explore green hydrogen development possibilities in the... More

Martin Caslavka has announced that he is starting a new position as vice president, structured solutions at Commerzbank in London.Caslavka has 11 years of front office experience in trade finance and loan capital markets with a primary focus on emerging markets, according to his LinkedIn profile.He... More

A joint development agreement has been signed to establish a liquid hydrogen corridor, connecting Oman, the Netherlands and Germany.The corridor will link the Port of Duqm in Oman, the Port of Amsterdam in the Netherlands and key logistics hubs in Germany, including the Port of Duisburg, enabling... More

Canada’s First Quantum Minerals is acquiring a 15% stake in Prospect Resources, a battery and electrification metals developer based in Australia, as it deepens its presence in Zambia’s copper belt.The deal sees First Quantum invest A$15.2 million ($9.7 million) in a share placement at... More

Global Clean Energy Holdings has filed bankruptcy with a plan that hands control of the business to its lenders and engineering firm CTCI Americas.California-based GCE filed Chapter 11 in Texas with more than $2 billion in debt. The company said it intends to implement a restructuring deal designed... More

The green energy hub project in the Botwood area of the Canadian province of Newfoundland and Labrador has received environmental impact statement (EIS) guidelines from the province’s Department of Environment and Climate Change.This marks a significant step for the project, which aims to... More

GuarantCo has provided a partial credit guarantee for a listed and rated INR2 billion (around $23.4 million) Non-Convertible Debenture (NCD) bond issuance by Vivriti Capital, an impact focused non-bank financial institution in India. This is GuarantCo’s first capital market transaction in... More

Ofgem has begun an investigation on the prices charged by the Moray East Offshore Windfarm to reduce its output during periods of constraint.   National Energy System Operator (NESO) routinely uses the balancing mechanism to manage transmission constraints by increasing and decreasing the... More