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News
22 November 2022
in
Metals and Mining

Kefi's $320m Tulu Kapi project financing agreed

Kefi Gold and Copper says the updated $320 million Tulu Kapi Gold Project costings and finance plan has now been agreed by all the syndicate lead contractors, investors...

News
22 November 2022
in
Metals and Mining

Nova Minerals secures funding for Alaska exploration

Junior Nova Minerals has secured A$30 million ($19.8 million) in funding to fast-track drilling in Alaska.The company will raise an initial A$20 million ($13.2 million)...

News
21 November 2022

A new head – a new IDB?

Ilan Goldfajn’s election as the IDB’s new president is a surprising triumph of merit over mire. From the five candidates for the job – Argentina’s...

News
21 November 2022
in
Renewables

NEP to acquire $805m renewables portfolio

NextEra Energy Partners (NEP) has agreed to acquire a portfolio of contracted renewables projects and has entered into a convertible equity portfolio financing.The...

News
21 November 2022
in
Renewables

EIP closes on Wikinger acquisition financing

Goldman Sachs has acted as mandated lead arranger on the financing on the sale of a 49% stake in the Wikinger offshore wind farm, in the German Baltic Sea. Energy...

News
21 November 2022

Ilan Goldfajn elected new IDB president

Ilan Goldfajn has been elected president of the Inter-American Development Bank during a Special Meeting of the bank’s board of governors.Nominated by Brazil,...

News
18 November 2022
in
Renewables

JUWI commissions largest off-grid power project in Egypt

JUWI has commissioned the world’s largest solar hybrid project at gold miner Centamin’s Sukari mine in Egypt. The system consists of a 36MW solar farm...

Perspective
18 November 2022

Proximo Weekly: Deals of the Year 2022 and what it takes to be a winner

The best project sponsors completely change the conversation about how to finance a particular asset class – Venture Global did that in spades with its move to modular.

News
18 November 2022
in
Oil & gas

Chevron Phillips Chemical and QatarEnergy close on $3.8bn financing for Texan petchem project

Golden Triangle Polymers Company (GTPC) has closed a $3.8 billion financing for the US Gulf Coast II Petrochemical Project. GTPC, which is a joint venture owned by...

News
17 November 2022
in
Oil & gas

Chevron Phillips, QatarEnergy bet on $8.5bn plastic plant in Texas

Chevron Phillips Chemical and QatarEnergy have reached a final investment decision to build an $8.5 billion polymers facility in Orange, Texas.The agreement is part of a...

News
15 November 2022
in
Metals and Mining

Salazar, Adventus reach deal for $270m Ecuador copper-gold project

Canada’s Salazar Resources and Adventus Mining are set to ink a final a foreign direct investment agreement with Ecuador’s government for their El Domo copper...

News
11 November 2022
in
Renewables

ClearGen acquires MUFG’s US wind portfolio

ClearGen, a portfolio company of Blackstone Credit’s Sustainable Resources Platform, has announced the acquisition of interests in MUFG’s wind...

News
11 November 2022
in
Metals and Mining

Eastplats pipeline finance facility is updated

Eastern Platinum says its pipeline finance agreement between Investec and Barplats Mine has been updated. The maximum size of the credit facility was reduced from...

News
10 November 2022
in
Metals and Mining

Akobo secures $8.5m loan Ethiopian gold project

Scandinavian gold exploration company Akobo Minerals has secured an $8.5 million gold loan facility from US-based Monetary Metals.The net proceeds from the loan facility,...

News
09 November 2022
in
Transport

Climate Innovation and Development Fund seals first investments

The Climate Innovation and Development Fund, backed by Bloomberg Philanthropies and Goldman Sachs, has completed its first set of blended finance investments, focused on...

News
07 November 2022
in
Metals and Mining

SolGold secures $50m royalty financing from Osisko

SolGold has signed $50 million in royalty financing from Osisko Gold Royalties for the Cascabel copper/gold project, immediately removing the financing overhand that has...

News
07 November 2022
in
Transport

ADB, GreenCell sign $40m e-bus project

ADB and GreenCell have signed a $40 million financing for safer E-buses in India.GreenCell Express Private Limited will develop 255 electricity battery-powered buses on...

News
07 November 2022
in
Metals and Mining

Pan American and Agnico Eagle enter bidding war for Yamana

Yamana Gold has received an unsolicited offer from Agnico Eagle Mines and Pan American Silver to acquire the company in a near $5 billion deal.Both companies have offered...

News
04 November 2022

Diversified closes fourth ESG financing of the year

Diversified Energy Company (DEC) and Oaktree Capital Management have closed an asset backed securitisation (ABS) of producing gas and oil assets located in Oklahoma.This...

News
03 November 2022
in
Metals and Mining

B2Gold and AngloGold to sell Gramalote project

B2Gold and AngloGold will put their $925 million Gramalote project in Colombia up for sale before year-end.After completing a comprehensive review of the alternatives for...