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03 May 2024

RBI proposes tightening project finance lending rules

Reserve Bank of India has proposed stricter lending rules for project finance, including higher bank provisioning during the construction and operational phases.Under the...

03 May 2024
in
Transport

Elifriulia pens ECA-backed rescue helicopter financing

Italian helicopter operator Elifriulia has signed an ECA-backed €25 million loan to finance the purchase of three Airbus H145 rescue helicopters from Airbus.The loan...

03 May 2024
in
Agri/Soft Commodities

LDC rebuffs Olam offer for Namoi Cotton

Louis Dreyfus Company won’t support Olam Agri Holding's offer for Australia's Namoi Cotton.LDC, which holds a 17% stake in the producer, would not accept...

03 May 2024

UKEF to strengthen cooperation with Egypt

UKEF has agreed to provide financial support to a range of Egyptian projects alongside the General Authority for Investment and Free Zones of Egypt (GAFI).An MoU signed...

03 May 2024
in
Oil & gas

ExxonMobil pushing forward with Mozambique LNG project

ExxonMobil is "optimistic and pushing forward" with its delayed Rovuma LNG project in Mozambique and expects a FID at the end of next year, a company official...

03 May 2024
in
Metals and Mining, Oil & gas

An eerie calm? The view from Commodity Trading Week 2024

The return of Commodity Trading Week marks a period of sustained calm in the commodities markets – at least in contrast with the volatility of recent years. But how long...

03 May 2024
in
Metals and Mining

i-80 Gold completes $84m bought deal offering

I-80 Gold, a US-based mining company, has closed its bought deal public offering, raising around C$115 million ($83.8 million).This transaction included offering...

03 May 2024
in
Metals and Mining

LPO able to support all stages of critical minerals supply chain

The US Department of Energy’s Loan Programs Office can support critical minerals mining and extraction activities as eligible project costs under the Title 17 Clean...

03 May 2024
in
Metals and Mining

NexGen Energy upsizes CDI offering to C$224m

NexGen Energy has revised its placement agreement with Aitken Mount Capital Partners, increasing its offering to 20,161,290 common shares at C$11.11 each, aiming for...

03 May 2024
in
Metals and Mining

Meteoric, Neo sign Caldeira project offtake Mou

Meteoric Resources has entered into a non-binding MoU with Neo Performance Materials for the offtake of 3,000 metric tonnes of total rare earth oxide per year from its...

03 May 2024
in
Metals and Mining

Zimbabwe’s sole nickel mine placed under administration

Zimbabwe’s only operating nickel mine has been placed under administration, according to a government notice, seven months after halting production due to equipment...

03 May 2024
in
Renewables

Georgia eyes ADB partnership on Black Sea cable project

Georgia is aiming to partner with ADB to supply Europe with green energy from Azerbaijan via the Black Sea cable project.Lasha Khutsishvili, Georgia's finance...

03 May 2024
in
Renewables

France launches offshore wind tender

France has launched a tender for four offshore wind projects totalling 2.5GW and announced plans for another 10GW later this year.The first round of tenders covers a...

02 May 2024
in
Metals and Mining

JBIC helps fund Arqueros copper project to shore up supplies

JBIC agreed a 25-year loan of up to $248 million with Companía Minera Arqueros (CMAQ) to fund development of the Arqueros copper mine in the Coquimbo Region of...

02 May 2024
in
Metals and Mining

Glencore takes 15.4% Stillwater Critical Minerals stake

Glencore has increased its stake in Stillwater Critical Minerals to 15.4% for a total investment of C$7.1 million (about $5.2 million) in less than a year.Glencore now...

02 May 2024
in
Infrastructure

Key Uzbekistan road project receives $238m EBRD loan

EBRD is financing the upgrade and expansion of a key transportation route in Uzbekistan.The sovereign loan of up to $238 million will help rehabilitate around 81km of the...

02 May 2024
in
Renewables

Syndication closed on Italian PV panel gigafactory financing

3 Sun – a wholly-owned subsidiary of Enel – has closed on a green loan financing to fund expansion of its existing PV panels manufacturing facility in...

02 May 2024
in
Telecoms and Communications

Airtel Africa in line for $200m IFC financing

IFC is considering up to $200 million in finance to telecommunications group Airtel Africa to support the company's operations in the DRC, Rwanda, and Kenya. The...

02 May 2024
in
Power

Al Nahrawan WTE project award imminent

The bid evaluation process for the contract to develop a waste-to-energy (WTE) plant in the Al Nahrawan area of Baghdad Governorate is expected to be completed in the...

02 May 2024
in
Renewables

CIP and Uniper agree hydrogen supply deal

Copenhagen Infrastructure Partners signed an MoU with German energy firm Uniper to supply 140,000 tonnes a year of green hydrogen from its 1GW HOST PtX Esbjerg...