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27 September 2023
in
Metals and Mining

Rainbow Rare Earths raises chunk of cash at almost no discount

Rainbow Rare Earths has raised £4.5 million ($5.5 million) through a private placing at a minimal discount to the last closing price.Shares were issued at 15p, a 3%...

27 September 2023
in
Transport

NEOM to use ECA financing for high-speed rail project

NEOM is set to make use of ECA financing next year for the rolling stock for its high-speed rail project, according to a source with knowledge of the project. The Saudi...

27 September 2023
in
Metals and Mining

Capstone expands RCF to $700m

Capstone Copper has amended its existing revolving credit facility to increase the aggregate commitments from $600 million to $700 million and extend the maturity from...

27 September 2023

UK and Germany sign hydrogen energy collaboration agreement

Britain has announced plans to work closely with Germany to underpin the international trade in hydrogen under a new partnership, which the government hopes will support...

27 September 2023

Biden nominates Spencer Bachus as member of US Ex-Im's Board of Directors

President Joe Biden has nominated former US Representative Spencer Bachus III to the Board of Directors at the Export-Import Bank of the United States. Congressman...

27 September 2023
in
Oil & gas

AES sells minority stakes in LNG terminals for $190m

AES has entered into agreements to divest minority interests in its LNG import terminals located in the Dominican Republic and Panama.The total proceeds from these...

27 September 2023
in
Metals and Mining

First energy and bulk eBLs issued over GSBN

Global Shipping Business Network (GSBN) has announced that COSCO Shipping Energy Transportation and COSCO Shipping Bulk have joined the consortium as members and...

27 September 2023
in
Transport

Zenobe looks to upsize e-bus private placement and revolver

Zenobe Energy is considering upsizing both its existing private placement and revolving capital facility (RCF), which are designed to fund e-bus expansion in the UK and...

27 September 2023
in
Chemicals/Petrochemicals

Kexim commits $1bn for Samsung Engineering's Qatar ethylene facilities

The Export-Import Bank of Korea will provide project financing worth $1 billion in support of Samsung Engineering's construction of ethylene cracker facilities in...

27 September 2023
in
Chemicals/Petrochemicals

Prostar Capital sells GTI Fujairah to M&M Group

Prostar Capital has completed the sale of its bulk liquid storage terminal facility, GTI Fujairah (GTIF), to Mercantile & Maritime Group (M&M).This strategic...

27 September 2023
in
Metals and Mining

Bushveld receives initial ZAR150m from Southern Point

Vanadium and energy storage solutions company Bushveld Minerals has received the ZAR150 million ($8.1 million) in interim working capital from investment fund Southern...

27 September 2023
in
Agri/Soft Commodities

Canada says it will launch review of proposed Bunge-Viterra merger

The Canadian government will review a planned merger between US grains merchant Bunge and Glencore-backed Viterra, Transport Minister Pablo Rodriguez said.As part of the...

27 September 2023

ADB, Maxwealth sign deal to expand MSME access to lease financing in China

ADB and Maxwealth Financial Leasing have signed a CNY1 billion ($140 million) senior loan to support lease financing for MSMEs and spur inclusive growth and job creation...

27 September 2023
in
Power

NIB lends to Varanger's hydrogen and power grid projects

The Nordic Investment Bank has signed a seven-year loan agreement with Norwegian utility company Varanger Kraft to upgrade its hydrogen facility for commercial operations...

27 September 2023
in
Other

UBA bank rolls out $6bn for SMEs across Africa

Nigeria’s United Bank for Africa has launched a $6 billion initiative to support SMEs across the African continent.The bank will be financing businesses in the key...

27 September 2023
in
Oil & gas

ONEOK completes acquisition of Magellan Midstream

ONEOK has completed the acquisition of Magellan Midstream Partners.This strategic move aims to transform ONEOK into a more diversified North American midstream...

27 September 2023
in
Metals and Mining

Czech giant takes major stake in Coronado

Czech Republic-based Sev.en Global Investments has struck a deal to acquire a 51% interest in ASX-listed coal miner Coronado Global Resources from founding company The...

26 September 2023
in
Transport

Fincantieri signs €800m SACE-backed sustainability-linked deal

Italian shipbuilder Fincantieri has penned an €800 million (about $847 million) facility, 70% guaranteed by SACE. The financing has a five-year tenor with a...

26 September 2023
in
Renewables

AMEA reaches financial close on 120MW solar project in Tunisia

AMEA Power has reached financial close on its 120MW solar PV project in Tunisia. The $86 million project will be the first large-scale, privately financed solar project...

26 September 2023
in
Renewables

Galp takes FID on green hydrogen and HVO/SAF projects

Galp has taken the final investment decision on two large scale projects to reduce the carbon footprint of the Sines refinery, in Iberia, and of its products.The projects...