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01 July 2025
in
Renewables

Philippines finalises terms for GEA-5 offshore wind auction

The Philippines’ Department of Energy is launching the country’s first offshore wind auction, aiming to award up to 3.3GW under Green Energy Auction 5...

01 July 2025
in
Power, Renewables

Energy America and Etisa to co-develop Mexican hybrid projects

Energy America and Etisa Energia have signed a MoU to co-develop hybrid gas and solar projects for Mexico’s industrial sector. The partnership will deliver...

01 July 2025

Finnvera and EIF unveil pilot project to support Ukraine

Finnvera and the European Investment Fund are partnering on a new guarantee arrangement that allows the Finnish ECA to grant additional export credit guarantees to...

01 July 2025

Northstar set for ECA backing for shingle reprocessing facility

Northstar Clean Technologies has received a non-binding LOI from Export Development Canada for potential financial support for the company's first planned shingle...

01 July 2025
in
Oil & gas

FID taken on $1.3bn Johan Sverdrup phase 3 project

Equinor and Aker BP have taken a final investment decision on Phase 3 of the Johan Sverdrup field development in the Norwegian North Sea.Phase 3 involves the installation...

01 July 2025
in
Infrastructure, Transport

JBIC issues untied loan to State Bank of India

JBIC has signed a loan of up to JPY23.1 billion with the State Bank of India (SBI). The loan is co-financed with Mizuho, SMBC, and the Bank of Yokohama, bringing the...

01 July 2025

CaixaBank, EIB partner to boost Spanish SMEs

EIB has signed a €450 million risk-sharing guarantee agreement with CaixaBank. This agreement will enable CaixaBank reduce its risks and capital requirements for...

01 July 2025
in
Other

Sace backs Kazakhstan development bank financing

Development Bank of Kazakhstan has secured a €200 million (about $235 million) ECA-backed financing from CDP.The funds, backed by Sace's Push Strategy guarantee,...

01 July 2025
in
Oil & gas

Lindsey oil refinery owner files for insolvency

State Oil, owner of Prax Group and the Lindsey oil refinery in Lincolnshire, has entered insolvency amid mounting losses at the 5.4 million tonne per year...

01 July 2025
in
Oil & gas

A2A and bp sign 17-year LNG SPA

A2A and bp have signed a sale and purchase agreement for LNG, under which A2A will purchase up to 10 LNG cargoes - equivalent to approximately 1 billion m3 of natural gas...

01 July 2025
in
Chemicals/Petrochemicals

NextChem wins Pacifico Mexinol contract

Maire's NextChem has been awarded an about €210 million (about $245 million) basic engineering and critical proprietary equipment supply contract for the...

01 July 2025
in
Metals and Mining

Indika Energy secures $376m multicurrency loan

Indika Energy has secured a multicurrency loan of IDR6.1 trillion ($376 million) aimed at both refinancing existing debt and developing the Awak Mas gold mining project...

01 July 2025

Pakistan approves phasing out of long-term financing to Exim Bank

The Economic Coordination Committee (ECC) of Pakistan’s federal cabinet has approved the phasing out of long-term financing to the country’s Exim Bank.The ECC...

01 July 2025
in
Metals and Mining

CMOC’s IXM declares force majeure on DRC cobalt deliveries

IXM, a metals trading unit of China’s CMOC Group, has declared force majeure on its cobalt supply contracts due to an ongoing export ban in the Democratic Republic...

01 July 2025
in
Metals and Mining

Atico restructures Trafigura financing

Atico Mining has fully executed the loan amendment and restructuring with Trafigura regarding the extension of the company’s existing secured credit agreement, of...

01 July 2025

EIB, EC launch new flexible guarantee of €5bn

EIB and the European Commission have launched a new type of guarantee agreement that will provide up to €5 billion to de-risk investments and expand EIB operations...

30 June 2025
in
Renewables

Stanwell scraps 2.9GW Queensland green hydrogen project

State-owned Stanwell Corporation has formally withdrawn from the A$15 billion ($10 billion) project. Central Queensland Hydrogen Project (CQ-H2) in Gladstone, sounding...

30 June 2025
in
Oil & gas

US Ex-Im agrees FOCOL Holdings financing for energy security

The Export-Import Bank of the United States has approved a nearly $99.6 million deal for FOCOL Holdings, supporting energy production in The Bahamas.The financing will...

30 June 2025
in
Metals and Mining

SSAB secures fresh ECA-backed funds for Lulea project

Swedish steel production group SSAB has secured an additional €430 million (about $504 million) green financing to support construction of its fossil-free mini-mill...

30 June 2025
in
Other

Afreximbank appoints George Elombi as new president

African Export-Import Bank has appointed Dr George Elombi as the next president and board chairman.He succeeds Professor Benedict Oramah, who has served as president and...