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06 December 2024

SACE and AfDB to cooperate under $6bn Mattei Plan

Italian ECA SACE and AfDB have signed a deal to provide credit protection to foster investment in Africa under the $6 billion “Mattei Plan”.The Mattei plan to...

06 December 2024
in
Metals and Mining

EVelution secures $200m ECA LOI for Yuma cobalt project

EVelution Energy has received a non-binding LOI from the Export-Import Bank of the United States for a loan of up to $200 million to fund the construction and operation...

06 December 2024
in
Infrastructure, Renewables

Energy project finance partner joins Willkie

Willkie Farr & Gallagher has appointed energy project finance attorney Noah Pollak as a partner. He is based in the firm’s Washington, DC office. He was most...

06 December 2024
in
Infrastructure

PIF secures $10bn MoU from Bpifrance

Saudi Arabia’s Public Investment Fund has signed a $10 billion MoU with French ECA Bpifrance Assurance Export.The five-year pact will focus on projects supporting...

06 December 2024
in
Oil & gas

Argentina LNG export project gathers backing from shale drillers

A plan to export liquefied natural gas from Argentina is gaining momentum, with four drillers in the country’s heralded shale patch now signed on to supply a...

06 December 2024
in
Metals and Mining, Renewables

Latrobe Valley brown coal to clean hydrogen project faces collapse

A high-profile plan to produce clean hydrogen from Australia's brown coal for export to Japan is on the verge of collapse, with Kawasaki Heavy Industries — one...

06 December 2024
in
Renewables

Elyse Energy raises €120m

Elyse Energy secured €120 million ($127 million) from Hy24, PGGM, Bpifrance and Mirova to accelerate development of its e-methanol and sustainable aviation fuel...

06 December 2024

CDP, AfDB sign €400m co-financing deal

Italian state lender CDP and AfDB have signed a co-financing deal worth €400 million ($420 million) to promote climate finance, sustainable farming, education and...

06 December 2024
in
Renewables

VNG and HyCC plan 500MW green hydrogen facility

VNG and HyCC plan to develop a 500MW green hydrogen facility in Lutherstadt Wittenberg for domestic energy use in Germany.The electrolyser will be installed near the...

06 December 2024
in
Infrastructure

Angola: The African ECA benchmark

The latest Angolan Ministry of Finance ECA-backed loan to sign to fund the construction of an airport marks the country's ninth such sovereign deal this year, with Angola...

06 December 2024
in
Renewables

Estonia to relaunch offshore wind tender

Estonia will launch a tender for the development of an offshore wind farm in the Saare 1 area, nearly a year after the initial auction ended without any bids. Three...

06 December 2024
in
Other

African trade boosted by AfDB risk-sharing deal

AfDB and Bank of Africa SA have signed a risk-sharing agreement of €50 million to strengthen private-sector financing and promote African trade. The deal will...

06 December 2024
in
Other

Moroccan MSMEs receive EBRD backing

EBRD is supporting MSMEs in Morocco through a senior loan of up to €50 million in local currency granted to Credit Agricole du Maroc (CAM).This loan will be used to...

06 December 2024
in
Other

EIB Group, Banco Sabadell support Spanish SMEs

The EIB Group has invested €395 million in various tranches into a new asset-backed securities issue originated by Sabadell. EIB will contribute €350 million to...

05 December 2024
in
Infrastructure

UKEF supports Cameroon land improvement project

The UK has closed a finance deal worth over £60 million ($76.5 million) to help Cameroon improve vast swathes of land for agriculture.The support comes via a loan...

05 December 2024
in
Renewables

Pakistan sustainable aviation fuel project secures financing

SAFCO Venture Holdings has secured funding to finance the construction and operation of a sustainable aviation fuel (SAF) facility in Sheikhupura, Pakistan. The project...

05 December 2024
in
Renewables

Saudi Aramco, Linde and SLB to set up CCS hub in Jubail

Saudi Aramco has penned a shareholders’ agreement with SLB and Linde to establish a carbon capture and storage (CCS) hub. The project is expected to become one of...

05 December 2024
in
Oil & gas

Woodside signs EPC deal with Bechtel to develop Louisiana LNG project

Woodside Energy Group has signed an EPC contract with US engineering firm Bechtel to develop the Louisiana LNG project.The contract will cover the foundation development...

05 December 2024
in
Renewables

Equinor opens call for buyers to offtake from H2M Eemshaven

Equinor has launched its first Hydrogen Open Season, inviting parties to express their interest in purchasing low-carbon hydrogen from its planned 1GW project in...

05 December 2024
in
Oil & gas

Shell and Equinor to form giant UK oil and gas JV

Shell and Equinor will merge their British offshore oil and gas assets into an equal joint venture.The venture, to be based in Aberdeen, Scotland, is expected to produce...