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News
07 June 2023
in
Oil & gas, Renewables

Wood 'expanded oil and gas business after £430m green transition loan'

International engineering company Wood Group has expanded its oil and gas business and shrunk its renewables operations after receiving a £430 million UKEF-backed...

News
07 June 2023

NEXI, MUFG to accelerate blended financing in Asia

NEXI and MUFG have signed an MoU to establish a blended finance scheme to support projects aligned with the Asia Zero Emission Community.This MoU aims to promote the...

News
07 June 2023
in
Manufacturing & equipment

KUKE insures BGK's loan to BiBP

KUKE has insured an investment loan granted by Bank Gospodarstwa Krajowego (BGK) to the Polish manufacturer of innovative bag in box packaging, BiBP.The financing will...

News
07 June 2023
in
Metals and Mining

NioCorp applies to US Ex-Im for Elk Creek debt financing

NioCorp Developments has applied to the Export-Import Bank of the United States for debt financing to fund the project costs of the company’s proposed Elk Creek...

News
07 June 2023
in
Oil & gas

Equinor delays Hammerfest LNG restart

Equinor has pushed back the restart of production at its 4.3 mtpa Hammerfest LNG export plant on the island of Melkoya to June 14 due to technical issues.The firm closed...

News
07 June 2023
in
Metals and Mining

ArcelorMittal to supply recycled steel to GM

ArcelorMittal has signed an agreement with General Motors for the supply of its recycled and renewably produced steel.The steel will be supplied from ArcelorMittal...

News
07 June 2023

Pantheon increases revolving credit facility

Pantheon Infrastructure (PINT) has agreed a £52.5 million ($65 million) increase to its existing multicurrency revolving credit facility.This brings the RCF total...

News
07 June 2023
in
Renewables

Iraqi ministry approves TotalEnergies’ 1GW solar project

Iraq’s Electricity Ministry has approved TotalEnergies' 1GW solar project, located in the Artawi oilfield in Basra.The project is part of a larger $27 billion...

News
07 June 2023
in
Renewables

Finerge to add 71MW of wind projects in Spain

Finerge has signed an agreement with Alfanar for the construction and operation of four wind power plants in Spain’s Navarra region.The 18-turbine portfolio will...

News
07 June 2023
in
Renewables

Developer seeks to terminate its Mayflower Wind PPAs

SouthCoast Wind, the developer of an offshore wind lease area off the coast of Massachusetts, has started discussions with this US state to terminate its PPAs.SouthCoast...

News
07 June 2023
in
Renewables

Avantus sells 1GW permitted Bellefield project to AES

Avantus has announced the sale of the Bellefield project in California’s Kern County to the AES Corporation.Bellefield is the largest permitted solar project with...

News
07 June 2023
in
Power

Eneco to build Belgian BESS

Dutch energy company Eneco plans to build a 50MW/200MWh battery energy storage project (BESS) in Ville-sur-Haine, Belgium.The four-hour battery will consist of 53 Tesla...

News
07 June 2023
in
Transport

Afreximbank issues $44m aircraft financing facility to CIAF Leasing

The African Export-Import Bank has provided Egypt-based CIAF Leasing with a $44 million aircraft financing facility for the acquisition of three Embraer E-190 aircraft to...

Perspective
07 June 2023
in
Metals and Mining, Oil & gas

What does increasing resource nationalism mean for global trade?

The concept of resource nationalism has made headlines in the wake of Russia’s war in Ukraine as countries scramble to secure their commodity supplies. Outside of the...

News
07 June 2023
in
Metals and Mining

Glencore sells Cobar copper mine for $1.1bn

Glencore will sell its CSA copper mine in Cobar, New South Wales, to Metals Acquisition Corp in a $1.1 billion deal.The Glencore/MAC deal has been on the table for some...

News
07 June 2023
in
Infrastructure

Italian banks sign MoU with SACE and CDP

A pool of banks consisting of Banco BPM, BPER Banca, Intesa Sanpaolo and Unicredit have signed a MoU with SACE and Cassa Depositi e Prestiti.The objective of the MoU is...

News
07 June 2023
in
Renewables

Aquila funds Japanese solar project

Investment manager Aquila Capital has secured a JYP3 billion ($21.5 million) loan from Ashikaga Bank for a solar power project in Japan's Chiba prefecture.The 7.9MWp...

News
07 June 2023
in
Renewables

AMPYR closes €200m framework with Rabobank

AMPYR Solar Europe has closed a €200 million ($214 million) framework project finance facility with Rabobank.The facility will enable the developer to build and...

News
07 June 2023
in
Renewables

Mercury launches green bond offer

Mercury NZ Limited is offering up to NZ$100 million ($60 million) of 5 year unsecured, unsubordinated fixed rate green bonds.Mercury may also accept up to an additional...

News
07 June 2023
in
Infrastructure

NEOM finalises contracts for SAR21bn temporary housing PPP

NEOM has finalised contracts with investors for the first phase of its residential communities’ expansion that will house the region’s growing...