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News
01 July 2021
in
Power, Social infrastructure, Transport, Waste and water

FCDO provides GuarantCo with additional funding for Africa-Asia infrastructure

The UK's Foreign, Commonwealth & Development Office (FCDO) has provided GuarantCo, a Private Infrastructure Development Group (PIDG) company, with an additional...

News
01 July 2021
in
Power, Renewables

EDP and Reganosa plan hydrogen hub in Galicia

EDP Renovaveis and Reganosa are planning an investment of €780 million ($920 million) to create a clean energy hub in the Ferrolterra region of Galicia, in northern...

News
01 July 2021
in
Transport

Marguerite fund buys stake in Italian railway group

The Marguerite II fund has entered an agreement to acquire a 25% stake in the Bari-based intermodal railway group GTS. The agreement will be executed between July and...

News
01 July 2021
in
Renewables

FID taken for 43MW Lithuanian wind farm

Eesti Energia Group has given consent to the final investment decision for the construction of the 43MW Silale II wind park in Lithuania developed by its subsidiary...

News
01 July 2021
in
Renewables

OX2 sells Polish wind farm to Octopus

OX2 has sold the 45MW Huszlew wind farm in Eastern Poland to funds managed by Octopus Renewables. OX2 will now begin the construction of the 15-turbine project located...

News
01 July 2021
in
Renewables

OVO enters PPA for Crystal Rig wind offtake

UK independent energy supplier OVO Energy has entered into a PPA with Eneco to buy all of the forecasted power from the 62.5MW Crystal Rig Wind Farm, operated by Fred...

News
01 July 2021
in
Metals and Mining

BHP to sell Cerrejon stake to Glencore

BHP Group is divesting its $294 million (33.3% interest) in the Cerrejon coal mine project in Colombia to joint venture partner Glencore. The deal will close in early...

News
01 July 2021
in
Renewables

Fourth Partner Energy raises equity funding for solar expansion

Hyderabad-based renewables developer Fourth Partner Energy has raised $125 million in equity funding from Norwegian investment fund Norfund and existing shareholder The...

Perspective
30 June 2021
in
Transport

Brazil's infra investment ambitions: Minister de Freitas talks shop

Brazil is doubling its infrastructure concessions target to BRL200 billion next year. In an exclusive interview with Proximo, Brazilian Infrastructure Minister Tarcísio...

News
30 June 2021
in
Power

Fitch leaves Paiton Energy's rating unchanged despite ownership change

Fitch Ratings has indicated that it will leave Paiton Energy's rating (BBB-/Stable) unchanged, despite Mitsui's decision to sell its 45.515% stake in Paiton and...

News
30 June 2021
in
Oil & gas

Prosperity FPSO financing reaches financial close

SBM Offshore has reached financial close on a $1.05 billion project financing for the Prosperity FPSO vessel, which will operate off the coast of Guyana. The loan will be...

News
30 June 2021

Mark Rathbone joins PwC's Toronto office

Mark Rathbone is set to join PwC's Toronto office as a partner on 1 September. Rathbone has spent over 16 years at PwC's Singapore office, where he currently...

News
30 June 2021
in
Power

Maxim Power Corp. secures financing for Milner 2 CCGT project

Maxim Power Corp. (MAXIM) has secured the financing and EPC contract for the expansion of the Milner 2 simple cycle gas turbine (SCGT) plant into a CCGT facility via the...

News
30 June 2021
in
Power

BNDES hires consortium to structure Angra 3 completion project

Brazil's National Bank for Economic and Social Development (BNDES) has signed a contract with the Angra Eurobras NES consortium for structuring the project to...

News
30 June 2021
in
Transport

Autopista Rio Magdalena 2 toll road reaches financial close

Aleatica has reached financial close on a $746 million project financing for the Autopista Rio Magdalena 2 toll road in Colombia. The financing comprises a $200 million...

News
30 June 2021
in
Renewables

BOEM to start review of Vineyard Wind South

The Bureau of Ocean Energy Management (BOEM) will begin conducting an environmental review of a Construction and Operations Plan (COP) submitted by Vineyard Wind for its...

News
30 June 2021
in
Power, Renewables

PDO plans solar and storage project in North Oman

Petroleum Development Oman (PDO) and its parent company Energy Development Oman (EDO) are planning a 100MW solar project to support Oil & Gas facilities in their...

News
30 June 2021
in
Renewables

Canadian Solar wins 86MW in Japanese auction

Canadian Solar (CSIQ) has been awarded three projects in the Tohoku region, in Japan's 8th solar energy auction. The awards are for an 80MW capacity project in Miyagi...

News
30 June 2021
in
Renewables

BSIF to raise £100m for UK wind acquisition

Bluefield Solar Income Fund (BSIF) is planning a £100 million ($138 million) initial placing to fund the acquisition from Arena Capital Partners of 109 wind...

News
30 June 2021
in
Renewables

Three X-ELIO solar projects in Spain receive approval.

X-ELIO has received approval for the construction of three solar plants located in the municipality of Medina de las Torres, in Spain's Extremadura region. The...