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News
05 December 2023
in
Renewables

Enfinity Global closes financing for solar portfolio

Enfinity Global has closed a €118 million ($127 million) financing for the construction of 4 solar power plants totalling 101MW, located in the Italian region of...

News
05 December 2023
in
Renewables

Andrea Lucan joins Sidley in LA

Andrea Lucan has joined the Los Angeles office of Sidley as a partner in the firm’s Energy, Transportation, and Infrastructure group. She joins from Allen...

News
05 December 2023
in
Power

Energy Dome secures financing for CO2-based battery project

Energy Dome has announced funding commitments for its first CO2-based thermo-mechanical energy storage system to be located in Sardinia, Italy.Funding will be in the form...

News
05 December 2023
in
Infrastructure

Intervial submits best offer for Orbital Sur Santiago

Chile’s Ministry of Public Works has opened three economic offers for the 24km Orbital Sur Santiago expressway project which is budgeted at $504 million.The road...

News
05 December 2023
in
Renewables

AMEA Power to develop 300MW Ethiopian wind project

Ethiopia’s Ministry of Finance has signed an agreement with AMEA POWER for the construction of the Aysha Wind Power Project in the country’s Horn of Africa...

News
05 December 2023
in
Renewables

Financial close for EDF’s Umoyilanga Project

EDF Renewables has achieved financial close on its Umoyilanga Project, awarded under the South African Risk Mitigation IPP Procurement Programme (RMIPPPP).EDF Renewables,...

News
05 December 2023
in
Renewables

Hydrogen production being considered for Dogger Bank D

SSE Renewables and Equinor, the partners in the Dogger Bank D offshore windfarm, have awarded contracts to engineering consultants to study green hydrogen production.The...

News
05 December 2023
in
Metals and Mining

Zimbabwe uses platinum to pay back $400m Afreximbank debt

Zimbabwe is using the proceeds of its platinum exports to settle a $400 million loan from the African Export-Import Bank as the indebted nation turns to its mineral...

News
05 December 2023
in
Renewables

EIB, NordLB to finance renewable energy projects in the EU

The EIB and NordLB have signed a €250 million ($245 million) agreement to support renewable energy projects in EU countries. The financing will be utilized for solar...

News
05 December 2023
in
Agri/Soft Commodities

SACE covers Credit Agricole's loan to SALOV

Credit Agricole has granted a medium-term loan of €10 million ($10.8 million) to olive production group SALOV.The purpose of the loan is to support the growth of the...

News
05 December 2023
in
Oil & gas

Group files climate complaint against US Ex-Im over fossil fuel loans

Friends of the Earth has filed a complaint with an international organisation alleging that the Export-Import Bank of the United States still invests taxpayer dollars...

News
05 December 2023
in
Oil & gas

Hartshead secures finance arrangement for North Sea gas project

Hartshead Resources and Viaro Energy subsidiary RockRose Energy have implemented changes to their farm-out and joint operating agreements for license P2607 in the UK...

News
05 December 2023
in
Oil & gas

Lycos Energy increases RCF

Lycos Energy has entered into an amending agreement with the National Bank of Canada to increase its existing RCF from C$35 million ($25.8 million) to C$50 million ($36.9...

News
05 December 2023
in
Metals and Mining

$700m investment grows Rio Tinto’s US aluminium business

Rio Tinto has wrapped up the acquisition of a 50% equity stake in the Matalco business from Giampaolo Group for $700 million.The transaction combines the strengths of...

News
05 December 2023
in
Renewables

EIB signs €400m offshore wind farm financing with Orsted

The EIB and Orsted have signed a €400 million ($432.6 million) framework loan agreement supporting the construction of new wind farms.This €400 million tranche...

News
05 December 2023
in
Renewables

Asia energy transition blended finance partnership is launched

ADB, Global Energy Alliance for People and Planet, and the Monetary Authority of Singapore will establish a blended finance partnership to accelerate the energy...

News
05 December 2023
in
Renewables

Planet Solar gets DFI backing

British International Investment (BII), FMO, Proparco and renewable fund manager Frontier Energy are putting up a co-investment of over $52 million for Planet Solar, a...

News
05 December 2023
in
Oil & gas

Brazil 'to join OPEC+ but won't cap oil output'

Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps, the chief executive...

News
05 December 2023
in
Metals and Mining

Argonaut raises C$80m for Magino and Florida Canyon mines

Argonaut Gold has announced a C$80 million ($59 million) bought deal public offering to fund the development and optimisation of its two flagship mines.The net proceeds...

News
05 December 2023
in
Other

IDB Invest boosts women-owned enterprises in Brazil

IDB Invest provided Sicredi a $30 million loan with a seven-year tenor to support the growth of its women-owned micro, small and medium-sized enterprises (WMSMEs)...