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
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
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
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
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
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
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
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 |
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...
Request accessProximo 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
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
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
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 |
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
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
Upcoming Events
Proximo Latin America 2022: Private Capital Forum: New York
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.
Proximo US Power and Renewables Finance 2022
America's most ambitious project sponsors, engineers, developers, investors and financiers descend once again on Austin for another edition of Proximo's fastest growing event.
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