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21 May 2025
in
Agri/Soft Commodities, Infrastructure

Africa50 IAF marks inaugural investment

Africa50 Infrastructure Acceleration Fund has signed a share purchase agreement to acquire a significant stake in Mass Cereales al Maghreb (MCM), a vital player in...

21 May 2025

ICIEC, Credendo pen credit insurance partnership

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has signed an MoU with Credendo. The partnership establishes a framework to enhance...

21 May 2025

IFC and StanChart expand lending in local currencies

IFC is partnering with Standard Chartered to bolster local currency financing for private enterprises in emerging markets.Standard Chartered will provide local currency...

21 May 2025
in
Metals and Mining

Ucore secures funds for rare earth plant

Ucore Rare Metals has clinched $18.4 million in initial construction funding from the US Department of Defense, paving the way for the first full-scale rare earth...

20 May 2025

Reed Smith adds two corporate finance partners

Tim Beech and Regina Lui have joined US law firm Reed Smith as corporate finance partners across its Asian offices from A&O Shearman. Beech was joint managing...

20 May 2025
in
Renewables

Norway launches Utsira Nord wind tender

The Norwegian government has formally launched its first floating wind tender for three areas in the Utsira Nord wind energy area.The Ministry of Energy will hold an...

20 May 2025
in
Oil & gas

TotalEnergies pens Ksi Lisims LNG supply deal

TotalEnergies has signed an SPA with Ksi Lisims LNG for the purchase of 2 million tonnes per year of LNG for 20 years from the future liquefaction plant, subject to the...

20 May 2025
in
Renewables

Sun King secures $80m to expand solar access in Nigeria

Sun King has secured an $80 million, fully Naira-denominated loan facility to scale access to off-grid solar energy in Nigeria. The financing from IFC and Stanbic IBTC...

20 May 2025
in
Infrastructure

Manuel Mingot joins Ontier

Ontier has hired Manuel Mingot as a partner in its banking & finance department.With more than 25 years of experience, he has developed his career in national and...

20 May 2025
in
Renewables

FID taken for Baltyk 2 and 3

Joint venture partners Equinor and Polenergia have taken final investment decisions for the Baltyk 2 and Baltyk 3 offshore wind farms, ahead of full-scale...

20 May 2025
in
Renewables

Empire Wind stop work order lifted

Equinor’s Empire Offshore Wind has been informed by the Bureau of Ocean Energy Management (BOEM) that the stop work order has been lifted for the Empire Wind...

20 May 2025

Stonepeak and EEP to acquire JET majority from Phillips 66

Stonepeak and Energy Equation Partners (EEP) have agreed to acquire a majority interest in JET Tankstellen Deutschland GmbH from a  Phillips 66 (PSX) subsidiary.The...

20 May 2025
in
Oil & gas

Santos gets green light for A$3.6bn Narrabri gas project

Santos' A$3.6 billion (about $2.3 billion) Narrabri gas project in Australia can proceed, a tribunal ruled, as boosting domestic energy supply outweighed concerns the...

20 May 2025
in
Metals and Mining

Codelco, Rio Tinto partner on Maricunga project

Chile's Codelco will partner with Rio Tinto for its new Maricunga lithium project, bringing a major new player into the sector in the world's second-largest...

20 May 2025

EKN extends maturity for Ukraine guarantees

The Swedish government has expanded the framework for special export credit guarantees to facilitate business with Ukraine. The aim is to enable more companies to export...

20 May 2025
in
Oil & gas

TotalEnergies aims to lift Mozambique LNG force majeure

TotalEnergies will seek Mozambique's approval to lift a force majeure declaration on its $20 billion LNG project there and resume construction by mid-summer.Covered...

20 May 2025

Taranaki VTM project moves to fast-track approval stage

Manuka Resources’ subsidiary Trans-Tasman Resources says its application for the Taranaki VTM project in New Zealand has been accepted by the Environmental...

20 May 2025
in
Metals and Mining

Kingston sells PNG project for $95m

Kingston Resources has struck a binding agreement to divest its Misima gold project, in Papua New Guinea, to Ok Tedi Mining for $95 million.The transaction includes $50...

20 May 2025
in
Agri/Soft Commodities

ITFC supports Burkina Faso's cotton campaign

ITFC has signed a €106 million ($118.7 million) deal with Societe Burkinabe des Fibres Textiles (SOFITEX) to support Burkina Faso's cotton campaign.This signing...

19 May 2025
in
Power, Renewables

National Grid records £303m US wind impairment

National Grid has reported an impairment charge of £303 million ($403 million) in FY24/25 due to a pause of its offshore wind development.The impairment reflects...