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News
15 July 2024
in
Oil & gas

Saudi Aramco set to raise $6bn from three-part bonds

Saudi Aramco expects to raise $6 billion from its three-part bond sale this week, the oil giant's first foray into the debt markets in three years, a document...

News
15 July 2024
in
Metals and Mining

Nexa in talks to sell Peru copper project

Nexa Resources, which operates the largest underground zinc mine in Peru, Cerro Lindo, is in talks to sell its Pukaqaqa copper project in the Andean country.The miner...

News
15 July 2024
in
Metals and Mining

SolGold signs $750m financing package for Cascabel project

SolGold has secured a $750 million financing package for its Cascabel Project in northern ecuador.The company entered into a syndicated gold stream agreement with...

News
15 July 2024
in
Metals and Mining

Australia grants A$13m to enhance critical minerals processing

The Australian government has allocated A$13 million ($8.8 million) in grants to advance critical minerals processing in Queensland and South Australia.This move is aimed...

News
15 July 2024
in
Power, Renewables

Botswana renewable energy project gets World Bank funds

The World Bank has approved its first lending operation supporting renewable energy development in Botswana. The Botswana Renewable Energy Support and Access...

News
15 July 2024
in
Other

Proparco supports Afriland First Bank's trade capacity

Proparco has renewed and increased its trade finance line to Afriland First Bank Cameroun to €20 million.With this guarantee, Proparco will secure the transactions...

News
15 July 2024
in
Oil & gas

ADES Holding upsizes syndicated loan by $3bn

Saudi Arabia-based offshore drilling service provider ADES Holding Company has amended its existing syndicated facility to upsize it with an additional $3 billion to...

News
15 July 2024
in
Metals and Mining

Teck completes steelmaking coal sale in $7.3bn deal

Teck Resources has completed the sale of its remaining 77% interest in the steelmaking coal business Elk Valley Resources to Glencore. Teck received total cash proceeds...

News
12 July 2024
in
Oil & gas

Gunvor pens $1.32bn sustainability-linked RCF

Gunvor Singapore has closed a $1.2 billion sustainability-linked, syndicated RCF.The facility, initially launched at $750 million in April 2024, closed significantly...

Perspective
12 July 2024
in
Oil & gas, Renewables

Looking for the alternatives: EET Fuels on its plans for decarbonisation

EET Fuels is leading the development of a major UK hydrogen cluster around its Stanlow refinery operations. The company has put its decarbonisation plans firmly behind...

News
12 July 2024
in
Renewables

Port of Beaumont issues revenue bonds for Jefferson Terminal South

The Port of Beaumont has issued $382 million in facility revenue bonds for the Jefferson Terminal South blue hydrogen project. Additionally, the Port of Beaumont has...

News
12 July 2024

JBIC funds Vietnam semiconductor firm Advantech

JBIC will loan JPY50 million ($314,088) to support Advantec Vietnam in manufacturing and selling semiconductor equipment in the country.The deal is co-financed with The...

News
12 July 2024
in
Agri/Soft Commodities

Bunge, Viterra offer concessions seeking EU approval for $34bn merger

US grains merchant Bunge and Glencore-backed Viterra have offered concessions aimed at winning EU antitrust approval for their $34 billion merger.The companies announced...

News
12 July 2024
in
Metals and Mining

Auramet pens $300m syndicated revolver

Auramet International has closed a $300 million syndicated revolving credit facility.Macquarie acted as MLA, bookrunner and administrative agent for the facility.The...

News
12 July 2024
in
Renewables

Onyx doubles revolver to $100m

Onyx Renewable Partners has upsized and extended its three-year revolving credit facility to $100 million.The deal included current lender Investec and new lenders...

News
12 July 2024

MIGA guarantees to expand lending in 8 African countries

MIGA has issued 13 guarantees totaling $1.1 billion to Absa Group of South Africa for its investments in its subsidiaries in Sub-Saharan Africa.  The project...

News
12 July 2024
in
Power

Kambarata-1 hydropower project gets additional funding

The World Bank has approved $13.6 million in additional financing for the Kambarata-1 Hydropower Plant Project in Kyrgyz Republic. The funding supplements the ongoing $5...

News
12 July 2024
in
Metals and Mining

South Crofty tin project financing secured

Strongbow Exploration has entered into a comprehensive financing agreement with Orion Mine Finance to progress the company's South Crofty tin project in Cornwall.The...

News
12 July 2024
in
Other

IFC supports SME finance in Cote d'Ivoire, Senegal

IFC has penned a risk-sharing facility of up to $40 million equivalent in West African CFA with Bridge Bank Group Cote d'Ivoire (BBGCI) to boost access to financing...

News
12 July 2024
in
Renewables

Fortescue pulls green hydrogen plan from Middle Arm precinct

Andrew Forrest’s Fortescue Metals has formally given up on its short-term plans to create a green hydrogen and ammonia hub in the Northern Territory, effectively...