Feature
02 December 2022

Proximo Weekly: Are you PTC or ITC?

The Inflation Reduction Act has given US solar developers a choice of two types of tax credit – ITC and PTC. So how to get the best from the system? Match the right tax credit with the right solar project characteristics. More

News
02 December 2022

Statkraft enters PPA in Italy with Fastweb

Italian telecommunications operator Fastweb has signed a 12-year PPA with Statkraft for supply from a new solar project.The 11.25MW plant will be located in Lazio, in the province of Latina, and enter into operation in 2023. The project will meet 13% of Fastweb's energy needs. More

News
02 December 2022

United Airlines invests in Natron Energy

United Airlines has announced a strategic equity investment in battery manufacturer Natron Energy.Natron plans to use the funds to accelerate production at its manufacturing facility in Holland, Michigan, where it will scale operations to begin mass production of UL-listed sodium-ion batteries in... More

Feature
24 November 2022

Proximo Weekly: What ETMs can and can’t do for coal retirements

The recent ACEN ETM to retire the South Luzon coal-fired plant early attracted some controversy over its use of the ETM moniker. But the deal is more promising than was first apparent, although it may still struggle to influence transition finance outside its home market. More

News
02 December 2022

Central bank governor questions Philippine plans for sovereign fund

The Philippines’ central bank governor has commented on a legislative proposal to create a sovereign wealth fund overseen by President Ferdinand Marcos Jr.Key concerns for him would be how the fund would be managed and by whom, and to what extent it would affect the independence of the central... More

News
02 December 2022

Eolus and Simply Blue JV developing four Baltic offshore projects

Eolus and Simply Blue Group have formed joint venture company SeaSapphire to develop four offshore wind parks in the Baltic Sea.The JV will develop two projects in Sweden and two in Finland. In Sweden the projects are the Skidbladner planned for 100km south-east of Stockholm, and Herkules located... More

News
02 December 2022

GEB acquires 5 Brazilian transmission concessions

Grupo Energía Bogota (GEB) has closed a deal to acquire five electric power transmission concessions in Brazil’s The assets were acquired for $834 million from the Brasil Energia Fundo de Investimento em Participacoes Multiestrategia (Brookfield) fund and total 2,416km of... More

Data and research

Recently closed deals

Deal name Cost in $m Country Sector
Plate Mill Modernisation Project - SACE Covered Loan 182 United States Ores & alloys
Muga-Vipasca Potash Project - Financing 316 Spain Chemicals/Petrochemicals
Kasso Power-to-X Project - DGIF Direct Loan 52 Denmark Hydrogen
Istanbul Metro Project - EBRD Loan Extension 73 Turkey Metro/Underground
Thunderbird Mineral Sands Project - NAIF Direct Loan 120 Australia Mineral sands-Heavy mineral
Data and research
13 September 2022

Deals of the Year 2021 supplement

Download your copy today to see all the deal and firm winners of 2021. This supplement includes write ups for each of the winning deals and...

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Event
Dec 7, 2022

Proximo European Digital Infrastructure Finance Virtual 2022

Virtual event

Due to popular demand, Proximo European Digital Infrastructure Finance will be back! For one day, join us on our platform, bringing together developers, project sponsors, funds and more.

Full details
Session
04 November 2022
News
02 December 2022

Everfast Fiber acquires Kansas assets

Consolidated Communications Enterprise Services has completed the sale of its Kansas City assets to Everfast Fiber Networks for $82 million.The divestiture is an outcome from the company’s strategic asset review and plan to focus on its fibre expansion plans in its core regions. Everfast Fiber... More

News
02 December 2022

Amazon signs PPAs with Vibrant in India

Vibrant Energy has entered into PPAs with Amazon for supply from two wind & solar hybrid projects totalling 300MW in the Indian states of Madhya Pradesh and Karnataka. Once operational, Amazon will have a total capacity of 720MW in the country including three solar farms in Rajasthan.AWS... More

Data and research

Latest contracts closed by EPC contractors

Name Date Country Sector
VINCI to build major portion of new Ontario Line subway in Toronto, Canada 09/11/2022 Canada Metro/Underground
McDermott Awarded FEED Contract from Hydrostor 25/10/2022 Australia Energy storage (non-battery)
Fluor Awarded Contract for Imperial Renewable Diesel Project in Canada 24/10/2022 Canada Oil - Downstream (Refining)
McDermott Awards SAFIRA Fabrication Yard Construction Contract 19/10/2022 Saudi Arabia Manufacturing
Construction of Hollandse Kust Noord offshore wind farm kicks-off 18/10/2022 Netherlands Offshore wind
News
02 December 2022

Invesis prepares to enter US P3 market

Global investor and developer Invesis has taken the next step in its entry strategy to the US P3 market by incorporating its first business entity, Invesis US.The company has a 50-strong portfolio of P3 assets across Europe and Australia and the deep P3 expertise and experience of its 100+ strong... More

News
02 December 2022

EnCap invests in Bleutec Industries

Bleutec Industries has secured a significant capital commitment from EnCap Investments.Bleutec is a builder, owner, and operator of Jones Act-compliant offshore wind turbine installation vessels. Its innovative Binary Marine Installation Solution (BMIS) enables a cost-effective alternative to the... More

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