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Perspective
17 January 2023
in
Power

Chile’s belated transmission focus

Enel’s recent $1.4 billion sale of its Chilean transmission assets is symptomatic of the country’s lopsided National Electric System (NES). With vertical integration...

Perspective
13 January 2023
in
Power, Renewables

Co-location, co-location, co-location

UK grid constraints and delays to new grid connections are forcing sponsors to look at maximising existing grid connections via BESS and renewables project co-location....

News
13 January 2023
in
Metals and Mining

Saudi AMAK inks offtake contract for zinc, copper concentrates Glencore

Al Masane Al Kobra Mining Company (AMAK) has signed a new multi-year offtake contract with Glencore to sell all its zinc and copper concentrates produced from mining...

News
12 January 2023
in
Renewables

Japan to auction four offshore wind sites under new rules

Japan’s government has opened the next round of auctions for the development of offshore windThe auction is proceeding under revised parameters designed to open the...

News
09 January 2023
in
Renewables

North Bend Wind granted permit

The South Dakota Public Utilities Commission (PUC) has permitted construction of ENGIE North America’s North Bend Wind Project.The 200MW project will be located in...

News
09 January 2023
in
Power

Energy Dome seals €17.5m blended financing from EIC

Energy Dome has won €17.5 million ($18.5 million) in grant and equity financing - the maximum amount available - from the European Innovation Council.The EIC...

News
04 January 2023
in
Renewables

Ireland issues MACs for first offshore wind projects

The Irish government has issued Maritime Area Consents (MACs) to the first phase of seven offshore renewable energy projects. The award of the MACs enables the...

News
22 December 2022
in
Renewables

Polish renewable auctions are undersubscribed

Poland has allocated 486MW of solar PV capacity in its latest series of renewable energy tenders.Only three of the seven rounds were settled successfully with 197 of a...

News
22 December 2022
in
Renewables

Evolution Power seeks planning consent for Luton solar project

Evolution Power has submitted a planning application to develop a 50MW solar and energy storage project near Luton Airport.The Wandon End Solar project will have a...

Perspective
19 December 2022

Top project finance trends from 2022

The biggest trends across the project finance market in 2022 have been outlined by Proximo’s editorial team, with each one expected to spill over into 2023 and beyond.

News
14 December 2022
in
Renewables

Uzbekistan launches RFP for solar project

Uzbekistan’s Ministry of Energy has launched a request for proposals (RFP) for independent power producers to develop a 300MW solar PPP, located in the south-east...

News
13 December 2022
in
Renewables

HKW VI tender announcement due Thursday

The Dutch government plans to announce the winner of the tender to develop the 750MW Hollandse Kust (west) VI wind farm on Thursday.The tender is designed to deliver an...

News
09 December 2022
in
Transport

SACE backs EIB loan for new tram line in Padua

SACE is backing a €34 million EIB loan to fund the construction of the new SIR3 tram line in the Italian city of Padua.The financing, supported by Italian ECA...

News
08 December 2022
in
Oil & gas

Cameron LNG, Entergy Louisiana sign MoU

Cameron LNG has signed an MoU with Entergy Louisiana to negotiate the terms and conditions for a new electric service agreement to reduce Cameron LNG's Scope 2...

News
30 November 2022
in
Renewables

Woodside Energy secures land for first solar project

Woodside Energy has secured an agreement for land to build its first 50MW solar project in the Pilbara region of Western Australia.The agreement with the Ngarluma...

News
23 November 2022

Simon Thompson named Senior Adviser at Rothschild

Simon Thompson will join Rothschild & Co as a Senior Adviser, effective from December 1, 2022. He will provide advice to clients across our Global Advisory...

News
23 November 2022
in
Power

US DOE providing $13bn for grid improvements

The US Department of Energy (DOE) is making $13 billion available for new financing opportunities to expand and modernise the nation’s electric grid. Funding...

News
23 November 2022
in
Metals and Mining

South Star Battery Metals closes $10m financing with Sprott

South Star Battery Metals has closed the Phase 1 deposit transaction under its metals purchase and sale agreement with Sprott Private Resource Streaming and Royalty.With...

News
22 November 2022
in
Transport

Hitachi awarded contract for JICA-funded railway in the Philippines

Hitachi Rail has been awarded a contract worth JPY114 billion ($814 million) by the government of the Philippines for the Solis to Malolos railway project.The contract is...

News
18 November 2022
in
Power

NEXI amends MoU to provide up to $500m to PT PLN

NEXI has amended its MoU with PT PLN, a state-owned electricity company in Indonesia.The amendment will provide financial support of a maximum of $500 million (of which...