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News
09 May 2024

Eksfin, DNB invest in Hydrovolt

Hydrovolt has received a new investment of NOK63 million ($5.7 million) from DNB and Eksfin. The company will use the funds o expand its capacity for recycling electric...

News
09 May 2024
in
Oil & gas

Itochu in talks to buy LNG from Ksi Lisims project

Japanese trading house Itochu is in talks for a long-term contract to buy LNG from the proposed Ksi Lisims project on Canada’s northwest coast, part of a wider push...

News
09 May 2024
in
Oil & gas

ANZ restricts funding for oil and gas extraction

Australia's ANZ has declared that it will no longer extend financing to new or expanded upstream oil and gas projects unless there is a national emergency and if its...

News
09 May 2024
in
Metals and Mining

Equinor acquires 45% stake in two lithium project companies

Equinor has entered into a partnership with Standard Lithium to acquire a 45% share in two lithium project companies based in Southwest Arkansas and East Texas.Equinor...

News
09 May 2024
in
Renewables

DFC, EBID support reliable energy project in Sierra Leone

DFC has agreed up to $412 million in financing and political risk insurance in support of Sierra Leone's plans to address rolling blackouts and expand its power...

News
09 May 2024
in
Renewables

AFD finances floating solar project in Mexico

CFE has secured a 15-year financing deal of €150 million ($161 million) from AFD to support the construction of a floating solar power plant in the northern states...

News
09 May 2024

Andrew Lehman returns to Akin in Houston

Private equity partner Andrew Lehman has rejoined Akin as a partner in the firm's Houston office. The addition of Lehman not only adds to the firm’s private...

News
09 May 2024
in
Metals and Mining

Ganfeng to acquire Leo Lithium’s Mali project stake for $342.7m

Ganfeng Lithium will acquire its partner Leo Lithium’s remaining 40% stake in the Goulamina lithium mine in Mali for $342.7 million.This acquisition includes a...

News
09 May 2024
in
Metals and Mining

Nouveau Monde Graphite a year away from financial close

Nouveau Monde Graphite is still a year away from achieving financial close on an ECA package for its Canadian graphite facility. Banks were initially mandated at the end...

News
09 May 2024
in
Metals and Mining

West Red Lake raises C$30m for Madsen project

West Red Lake, the owner of the Madsen gold mine in Ontario, has announced a C$30 million (almost $22 million) bought deal public offering of units.The TSX-V-listed firm...

News
09 May 2024
in
Oil & gas

Turkey signs long-term LNG deal with ExxonMobil

Turkey's state gas grid operator BOTAS has signed an LNG trade deal with ExxonMobil."The US is already one of our important suppliers of LNG," Energy...

News
09 May 2024
in
Telecoms and Communications

EIFO invests in NILT

Nil Technology (NILT) has raised aDKK 217 million ($31.2 million) in its latest investment round, with EIFO contributing DKK47 million ($6.7 million).Specializing in the...

News
09 May 2024
in
Power

JICA to finance Bistrica hydropower project in Serbia

JICA is to help finance the Bistrica pumped storage hydropower project in Serbia. The project, which will consist of four turbines, is expected to cost €1.2 billion...

News
09 May 2024
in
Renewables

Everfuel to supply green hydrogen to Germany

Everfuel has signed a Letter of Intent with a major industrial offtaker in Germany. The agreement outlines the supply of up to 10,000 tonnes of green hydrogen per year,...

News
09 May 2024
in
Metals and Mining

Cerrado Gold grapples with balance sheet challenges

Cerrado Gold has issued a sale option on its Brazil gold project as part of a rescue package for its Argentina assets, according to market sources. In March it was...

News
09 May 2024
in
Metals and Mining

Magnetite Mines appoints Azure to aid funding for Razorback project

Magnetite Mines has brought onboard Azure Capital to aid in securing funding and exploring partnering opportunities for the development of its Razorback iron ore...

News
08 May 2024
in
Oil & gas

Rhino signs farm-down with Azule Energy

Rhino Resources has signed a farm-down agreement with Azule Energy in relation to Block 2914A (PEL 85) in the offshore Namibian Orange basin. The deal gives Azule a 42.5%...

News
08 May 2024
in
Infrastructure, Renewables, Telecoms and Communications

Finance agreements signed on 3 US-Angolan infra projects

Final agreements for three US Ex-Im-supported Angolan projects under President Biden’s flagship Partnership for Global Infrastructure and Investment (PGII) have...

News
08 May 2024
in
Renewables

REC turns to ECA and DFIs ahead of rise in demand for loans

India's state-run REC is planning to tap overseas ECAs and DFIs for funds as it prepares itself for a jump in demand for loans from all segments of the power industry...

News
08 May 2024

UKEF supports Trimline's growth funding

UKEF has helped specialist interior outfitter Trimline to secure a £1 million financing package supporting its work refurbishing cruise ships and ferries around the...