Feature
10 October 2022

Proximo: Cash in US power and energy transition

From financing the energy transition globally to US power and renewable energy finance, Proximo has something for all project finance practitioners in Austin this November! More

News
07 October 2022

Bids in for Shuweihat S4

Emirates Water and Electricity Company (EWEC) has received bids from three teams for the 70MIGD Shuweihat S4 reverse osmosis independent water project (IWP) in Abu Dhabi. Acciona, Engie and GS Inima are said to have put in offers. S4 will be developed next to the S3 independent power project (IPP),... More

News
07 October 2022

Matrix closes on Gaskell West debt

Having signed a $92 million US tax equity financing for its Gaskell West 2 and Gaskell West 3 solar/BESS projects in June, Matrix Renewables has since reached financial close on the debt backing the combined $285 million project. Gaskell West, located in kern County, California, totals 105 MWac... More

Feature
07 October 2022

Proximo Weekly: BNDES breaks new ground with Linha 6

The Sao Paulo Linha 6/Laranja scheme is a pathfinder deal that exhibits BNDES’ new mantra on infrastructure investment, turns typical financing under a DFI umbrella on its head and provides local currency debt. More

News
07 October 2022

PetroVietnam, BSR seek foreign capital for Dung Quat at TXF Asia 2022

PetroVietnam and Binh Son Oil Refining used the TXF Asia 2022 event to seek capital for the Dung Quat expansion project.PetroVietnam had been invited to present a report about the arrangement of export credit agency capital for its projects, including upgrading and expanding Dung Quat Oil Refinery.... More

News
07 October 2022

ING, Euler Hermes support Beximco’s textile plant

Beximco has finalised a €32.5 million ($32.2 million) export credit facility with ING Bank and Euler Hermes for the expansion of its Knit Fabric Facility, in Bangladesh. The facility is linked to the import of advanced German and other textile equipment for the project. The deal has aggregated... More

News
07 October 2022

SSE appoints new project director for Dogger Bank

SSE Renewables has appointed Olly Cass as the new project director of Dogger Bank Wind Farm. Cass has been finance director for the project since 2019 and prior to that was finance director for the Beatrice offshore wind project. Cass’ appointment follows the promotion of the former project... More

Data and research

Recently closed deals

Deal name Cost in $m Country Sector
Broad River Energy Assets Acquistion - Financing 419 United States Gas-fired combined cycle
75MW Rizal Solar Project - Financing 47 Philippines PV solar
Venetia Diamond Mine Underground Project - Financing 231 South Africa Precious stones
Low Carbon's Netherland and UK Renewable Portfolio - Financing 267 Netherlands PV solar
Arevon's 6GW Solar and Storage Portfolio in USA - Financing 400 United States PV solar
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
Oct 20, 2022

Proximo Latin America 2022: Private Capital Forum: New York

Hybrid Event: New York & Playback Online

Convene at 151 West 42nd Street, New York, United States

Proximo Latam has returned to New York, to explore the role of private institutional capital in supporting decarbonization of the region's energy, transport and social infrastructure sectors.

Full details
News
07 October 2022

IFC proposes $200m package for Sal de Vida project

Allkem has agreed a non-binding term sheet with IFC for a project financing facility for the Sal de Vida Project in Catamarca Province, Argentina.IFC's proposed investment comprises a $200 million debt package, including up to $100 million from IFC for a tenor of up to nine years and the... More

News
07 October 2022

Downing signs PPA with Centrica for Finnish wind farm

Sustainable investment manager Downing and Centrica Energy Marketing & Trading (EM&T) have signed a 10-year fixed price PPA for the output from the Konttisuo wind farm.The 30MW wind farm is located in the Southern Ostrobothnia region of Finland. Centrica will provide balancing and hedging... More

Data and research

Latest contracts closed by EPC contractors

Name Date Country Sector
McDermott Selected for Begonia Project by TotalEnergies EP Angola Block 17/06 20/09/2022 Angola Oil - Upstream (Exploration and production)
Van Oord selected as preferred contractor for an offshore wind project in Poland 13/09/2022 Poland Offshore wind
Van Oord and DEME joint venture awarded contract for Darwin Pipeline Duplication Project offshore Northern Australia 12/09/2022 Australia Gas - Midstream (Transportation)
McDermott Selected by Tata Steel for Heracless Project 31/08/2022 Netherlands Hydrogen
Ferrovial awarded the project to extend the South Quay of the Port of Huelva 29/08/2022 Spain Port
News
07 October 2022

Envision Energy signs PPA for Mongla wind farm

Envision Energy has signed a PPA with state-owned utility Bangladesh Power Development Board (BPDB) for the 55MW Mongla wind farm in Bagerhat.BPDB has committed to purchase all the electricity generated from this plant at a levelized tariff of $0.132 per kilowatt hour over the period of 20 years.... More

News
07 October 2022

Nexans signs Emprise Wind cable contract

Nexans has signed the contract for design and manufacturing, as well as the laying and protection of export cables for the first phase of the 2.1GW Empire Wind Project.The project is being developed by a 50-50 partnership between Equinor and bp. It is located in the New York Bight, 20 miles south of... More