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22 February 2024

ARISE IIP to set up SEZ and dry dock in Malawi

ARISE Integrated Industrial Platforms (ARISE IIP) has signed an agreement with the Malawian government for development of a Special Economic Zone (SEZ) and dry port.The...

22 February 2024
in
Metals and Mining

Nouveau Monde Graphite nears close on graphite mine financing

Nouveau Monde Graphite (NMG) is nearing financial close on a roughly $1.2 billion ECA-backed loan to fund its vertically integrated graphite and battery anode production...

22 February 2024
in
Chemicals/Petrochemicals

Project One petchem plant faces new legal challenge

Client Earth has lodged papers in court challenging the scope 3 emissions of INEOS' Project One. INEOS Olefins Belgium closed on the partially ECA-backed debt...

22 February 2024
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Manufacturing & equipment

JBIC supports semiconductor manufacturing supply chain in the US

JBIC has inked a loan agreement with NRS Corporation for a loan totalling $4.8 million. This deal is co-financed with SMBC and MUFG, bringing the total to $19 million...

22 February 2024

NEXIM unveils Gaga as new executive director

Ibrahim Khalil Gaga has been confirmed as Executive Director, Corporate Services, at the Nigerian Export-Import Bank.Gaga, a lawyer, has gained over 25 years of...

22 February 2024
in
Renewables

Hydrogen firm Geopura boosted by £56m investment

UK-based hydrogen power company Geopura has secured a £56 million (over $70 million) investment.The company received £30 million from the UK Infrastructure...

22 February 2024
in
Renewables

Serbia’s largest CHP biomass plant gets IFC funds

IFC has agreed financing for industrial group Drenik to fund Serbia's first large-scale captive combined heat and power biomass plant in Belgrade.The financing...

22 February 2024
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Renewables, Transport

Kexim, KfW IPEX sign project support MoU

The Export-Import Bank of Korea has signed an MoU with Germany's KfW IPEX-Bank with the aim of cooperating in financing projects related to strategic technologies and...

22 February 2024
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Manufacturing & equipment

SACE backs loan to Sibeg Coca-Cola

Sibeg Coca-Cola has obtained €5 million ($5.4 million) in financing from Banco BPM with the support of SACE's Green Guarantee.This funding aims to facilitate...

22 February 2024
in
Renewables

Financing in place for Pahkakoski wind farm

Pahkakosken Energia Oy, a special purpose vehicle owned by Ilmatar, has closed financing to construct Pahkakoski wind farm in North Ostrobothnia, Finland.KfW IPEX-Bank,...

22 February 2024
in
Chemicals/Petrochemicals

Thai potash mine owner ITD 'weighing $500m stake sale'

Italian-Thai Development Pcl is considering selling its 90% stake in Asia Pacific Potash Corp, which has mining rights in Thailand, and is seeking about $500 million,...

22 February 2024
in
Renewables

Brazil readies FX hedging program with $2bn in derivatives for green investments

Brazil's government will announce on Monday new measures to help foreigners with foreign exchange hedges on their investments in sustainable development, while...

22 February 2024
in
Renewables

Airbus and TotalEnergies partner on Sustainable Aviation Fuel

Airbus and TotalEnergies have formed a partnership on aviation decarbonization with sustainable aviation fuel (SAF).The agreement aims to contribute to the reduction of...

22 February 2024
in
Metals and Mining

Ascot secures $50m for Premier Gold Project

Ascot Resources has sealed $50 million (C$67.64 million) in financing for its Premier Gold Project in British Columbia.The funding has been secured through agreements...

22 February 2024
in
Metals and Mining

Rio Tinto approves investment in Simandou project

Rio Tinto has greenlit the Simandou iron-ore project in Guinea.The approval encompasses Rio Tinto's $6.2 billion share of the Simandou investment, with $500 million...

22 February 2024
in
Metals and Mining

First Quantum announces capital restructuring to reduce debt

First Quantum Minerals has announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt.The company has lost over half its...

22 February 2024
in
Metals and Mining

Hot Chili to acquire Cometa project in Chile

Hot Chili has signed an option agreement with Bastion Minerals for the acquisition of 100% ownership of Bastion's Cometa project in Chile.Key terms of the option...

22 February 2024
in
Oil & gas

China turns to LNG spot market with prices at 3-year low

Chinese liquefied natural gas importers are hunting for cheap shipments from the spot market after prices fell to the lowest level since 2021. LNG buyers, including...

22 February 2024
in
Infrastructure, Oil & gas

IsDB offers Bangladesh $4.9bn for fuel purchase, projects

The Islamic Development Bank has offered Bangladesh $4.9 billion in loans, starting in 2024 and spread across three years, earmarked for energy procurement, developmental...

22 February 2024
in
Metals and Mining

Eramet in talks with France to offload debt from SLN nickel unit

Eramet is in "very advanced talks" with the French government to remove from its balance sheet several hundred million euros of debt related to its loss-making...