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02 April 2024
in
Other

World Bank and AIIB in guarantee talks

The World Bank and AIIB are considering increasing cooperation in a bid to make the most of their balance sheets. The pair are in talks about AIIB providing a second...

02 April 2024
in
Power

Brazil holds transmission auction

Local companies have dominated Brazil’s transmission auction that will result in BRL18.2 billion ($3.6 billion) of investments in power lines across 15 lots.In...

02 April 2024
in
Renewables

SFD backs hydro projects in Pakistan

The Saudi Fund for Development (SFD) has signed agreements to finance two hydro power projects in Pakistan.The $101 million of funding will support the 44MW Shounter and...

02 April 2024
in
Oil & gas

Mercuria hires ex-Shell LNG head

Mercuria has hired Steve Hill, formerly head of LNG at Shell. The trader has focused on talent acquisition in recent months as it looks to build on two years of record...

02 April 2024
in
Renewables

MN8 closes $325mn private placement

MN8 has closed a private placement with gross proceeds of $325 million led by Mercuria Energy Group. The total $325 million is comprised of a $200 million Mercuria...

02 April 2024
in
Transport

BGN, Al Seer Marine secure $370m funding for three new VLGCs

BGN and Al Seer Marine have secured funding from several banks to support their construction program for three very large gas carriers (VLGCs) in South Korea and...

02 April 2024
in
Oil & gas

Enbridge completes $3.1bn pipeline sale

Enbridge has completed the sale of its interests in Alliance Pipeline and the Aux Sable facility to Pembina Pipeline Corporation. The deal amounts to 50% in Alliance and...

02 April 2024
in
Oil & gas

Mitsui reaches FID on Block B Project

Mitsui & Co, along with its subsidiary Mitsui Oil Exploration Co (MOECO), has made a FID on the Block B Project, an integrated gas development project in Vietnam. The...

02 April 2024
in
Metals and Mining

Firefly raises A52m for Green Bay project

FireFly Metals has announced A$52 million ($33.8 million) in funding to expedite resource expansion at its Green Bay copper and gold project located in Newfoundland.The...

02 April 2024

NEXI, ECGC sign reinsurance framework agreement

NEXI and ECGC Ltd have signed a Reinsurance Framework Agreement to enhance their collaboration in supporting exports from India to third countries by Japanese affiliated...

02 April 2024
in
Manufacturing & equipment

JBIC finances Yazaki's business in Thailand

JBIC has concluded a loan agreement with Thai-Yazaki Electric Wire (TYE) for an amount up to THB1.005 billion ($27.55 million). This loan will be co-financed with Mizuho...

02 April 2024
in
Renewables

JBIC supports renewables projects in India

JBIC has signed a loan agreement with NHPC Limited, India's state-owned hydro power company. The loan, totalling JPY20 billion ($132.1 million), with JBIC's...

02 April 2024
in
Oil & gas

Trafigura secures $560m to supply LNG to Japan

JBIC has signed a loan agreement with Trafigura for an amount of up to $390 million. This loan is co-financed with SMBC, resulting in a total co-financing amount of...

29 March 2024
in
Manufacturing & equipment

JBIC supports semiconductor industry in Taiwan

JBIC has finalized a JPY500 million ($3.3million) loan with Toppan Chunghwa Electronics (TCE), Toppan Photomask's subsidiary in Taiwan. The loan will be co-financed...

28 March 2024
in
Power

DTEK buys Polish battery project

DTEK, Ukraine’s largest private energy company, has entered the Polish renewables market through the acquisition of a battery storage project in Poland.The company,...

28 March 2024
in
Renewables

Skyborn issued permit for Gennaker

Skyborn Renewables has obtained a permit to construct the 927MW Gennaker wind farm off the German coast in the Baltic Sea.The State Office for Agriculture and the...

28 March 2024
in
Renewables

Stonepeak invests in TerraWind platform

Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc. Stonepeak has acquired an 80%...

28 March 2024
in
Power

Preferred bidder named for Dogger Bank A OFTO

The EKITD consortium has been named preferred bidder by the UK regulator Ofgem for the offshore transmission owner (OFTO) project of the 1.2GW Dogger Bank A.The assets,...

28 March 2024
in
Oil & gas

Hydrogen industry pleads for easier path to US tax credits

Some companies planning to use new US tax credits to deploy hydrogen projects urged the treasury department this week to ease proposed environment requirements, warning...

28 March 2024
in
Oil & gas

MidOcean Energy completes acquisition of Tokyo Gas' interests in Australian LNG projects

MidOcean Energy has finalised its deal to acquire a portfolio of integrated LNG projects in Australia from Tokyo Gas. The acquisition encompasses Tokyo Gas' interests...