Feature
30 January 2023

Proximocast: 20 minutes with David Johnston, Norton Rose Fulbright

Proximo interviews David Johnston, a partner at Norton Rose Fulbright, about the Saudi Arabian project finance market. Topics discussed include key sectors that are driving deal flow, the growth of the Saudi renewables space, project development outside the power and water sectors, and the impact of... More

News
30 January 2023

Tension rises on overlapping Orsted and bp North Sea projects

Friction is emerging over the overlap of two very different North Sea projects that may have implications for future offshore developments.Orsted’s Hornea Four offshore wind farm shares a 110km2 overlap with bp’s Endurance carbon capture and storage (CCS) sites off the English county of... More

News
30 January 2023

Norsk Solar finances Brazilian project with green bond

Norsk Solar has been granted Certificado de Recebiveis Imobiliarios (CRI) from the Brazilian asset manager Valora Investimentos. The 15-year green bond will provide BRL50 million ($10 million) in financing in the form of non-recourse project debt for Norsk Solar's 18 MW solar plant in... More

Feature
27 January 2023

Proximo Weekly: Debt and power cuts in Bangladesh

Despite all the market uncertainties over the ongoing affordability of gas feedstock for Bangladesh's power sector, international commercial lenders appear to have growing appetite for refinancing what were originally DFI-backed CCGT projects. That freeing up of cash could be good news for the... More

News
30 January 2023

Bids submitted in New York’s third offshore wind solicitation

New York’s third competitive offshore wind solicitation that is targeting 2GW of capacity, has attracted bids from some of the sector majors.Equinor and bp launched a joint bid for a 1,360MW project within the Beacon Wind 2 lease area located 60 miles off Long Island. Their proposal comes with... More

News
30 January 2023

NSW shortlists projects in first renewables auction

The New South Wales government has shortlisted 16 projects comprising 4.3GW of generation and storage capacity in its inaugural tender for the NSW Electricity Roadmap.The projects selected in this tender have been identified as those currently best placed to support the NSW electricity transition.... More

News
30 January 2023

Iberdrola awarded 4 agrivoltaic projects in French tenders

Iberdrola has been awarded four agrovoltaic projects in the renewable energy innovation tenders launched by the French Ministry of Energy Transition.Each demonstration project has obtained the maximum capacity allowed in the auction of 3MW, giving a total capacity of 12MW.The tender has been... More

Data and research
15 January 2023

The Path to Net Zero Roundtable

US utilities will bear the main burden of efforts to decarbonise the country’s power grid. Proximo, with support from Leidos, gathered...

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Event
Mar 2 - Mar 3, 2023

Proximo Latin America Energy, Infrastructure & Development Finance 2023

EAST Miami hotel, Miami

Miami, United States

Join the most important infra and energy development and finance leaders in the LatAm hub of Miami!

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News
30 January 2023

Ofgem launches latest transmission tender round

Ofgem has launched Tender Round 10 to identify suitable bidders to whom offshore transmission licences will be granted. The three projects included in the round are Dogger Bank A Offshore Wind Farm Phase 1, Moray West Offshore Wind Farm, and Neart na Gaoithe Offshore Wind Farm. The deadline for... More

News
30 January 2023

MSEDCL tenders 350MW of solar

The Maharashtra State Electricity Distribution Company (MSEDCL) is inviting bids to procure 350MW of solar power from projects to be developed in the Indian state.MSEDCL is seeking projects of 1-10MW of capacity that will deliver energy to its 11/22 kV level substations. A ceiling tariff for the... 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
30 January 2023

rPlus makes FERC submission for Seminoe pumped storage project

rPlus Hydro has submitted a Final License Application to FERC for its 900MW Seminoe Pumped Storage project located in Carbon County, Wyoming. The $2.5 billion project is expected to provide 10 hours of full-output energy storage capacity and will be a crucial component to the reliability and... More

News
30 January 2023

Anser Advisory to serve Metro on Sepulveda Transit Corridor

Anser Advisory has been selected to provide Program Management and Pre-Development Agreement Oversight Services for the Sepulveda Transit Corridor (STC) Project.The Los Angeles Metro Transportation Authority (Metro) is pursuing an approach that will use Pre-Development Agreements (PDAs) to evaluate... More

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