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News
03 May 2022
in
Oil & gas

OFID to finance part of phase II of Nigeria-Morocco pipeline’s FEED

Morocco and the OPEC Fund have signed a $14.3 million financing deal for the second phase of the Nigeria-Morocco Gas Pipeline project’s FEED study.Co-funded by the...

News
03 May 2022
in
Renewables

Luz de Tres Picos issuing more green bonds

Argentine wind farm operator Luz de Tres Picos – a subsidiary of Petroquimica Comodoro Rivadavia – is to issue two green bonds in the local capital markets...

News
03 May 2022
in
Renewables

Smith College starts on geothermal project

Smith College – a women’s arts college in Northampton, Massachussets – is to break ground in May on a $210 million geothermal campus energy project. The...

News
03 May 2022
in
Oil & gas

Bank commitments due on EACOP financing despite delays

Commercial bank commitments for TotalEnergies’ controversial $3.5 billion East African Crude Oil Pipeline (EACOP) project are due over the coming weeks. ECAs on the...

News
03 May 2022
in
Power

Terna sells Latin transmission portfolio to CDPQ

Terna Group is selling its recently built portfolio of 1200 km of power transmission assets in Brazil, Peru and Uruguay to CDPQ for an equity value of €265 million....

News
03 May 2022
in
Metals and Mining

Orla Mining seals $150m refinancing

Canada's Orla Mining has refinanced its $125 million project finance facility with a new $150 million secured credit facility.The facility includes a $100 million...

News
03 May 2022
in
Metals and Mining

EQ Resources fully funded for tungsten project

ASX-listed EQ Resources is fully funded for the development of its Mt Carbine expansion project in North Queensland, Australia. The company reported that it had...

News
29 April 2022
in
Power, Renewables

Innergex signs debt for Hale Kuawehi Solar BESS project

In mid-March, Innergex Renewable Energy signed the debt facilities backing its Hale Kuawehi Solar Project – a 30MW solar PV and 120MWh battery energy storage system...

News
29 April 2022

UAE, London IPOs planned for AFC's infrastructure projects

Africa Finance Corporation plans to sell shares of its projects on stock exchanges in London and the United Arab Emirates to raise capital and fund infrastructure...

News
29 April 2022
in
Oil & gas

Petrobras sells Albacora Leste field to PetroRio for $2.2bn

Petrobras has sealed a deal to divest its operating stake at the Albacora Leste field, in the Campos basin, to local independent PetroRio for $2.2 billion.The sale...

News
29 April 2022
in
Renewables

ACEN to enter US wind repowering partnership

The AC Energy Corporation (ACEN) board has approved plans for the company to enter the US renewable energy market through a newly formed strategic partnership with UPC...

News
29 April 2022
in
Power, Renewables

Coast Energy secures Crosstimbers investment

Coast Energy Holdings has received a substantial growth investment from Crosstimbers Capital Group enabling the company to accelerate its commercial solar development and...

News
29 April 2022

Azzam takes on role at Saudi EXIM

Mohamed Azzam, formerly managing director of Export Credit Guarantee of Egypt (EGE), has joined Saudi EXIM Bank as executive advisor. Azzam had spent two and a half years...

News
29 April 2022
in
Renewables

EDPR completes sale of Polish wind portfolio

EDP Renovaveis (EDPR) has completed the sale of a 149MW wind portfolio located in Poland to Mirova for an Enterprise Value of €298 million ($315 million). The...

News
29 April 2022
in
Renewables

Navantia UK formed to pursue offshore wind opportunities

Spanish state-owned shipbuilding company Navantia has formed a British subsidiary to pursue opportunities in the country's offshore energy sector. The company has...

News
29 April 2022
in
Renewables

Actis to sell Sprng Energy to Shell for $1.55bn

Actis has agreed to sell Solenergi Power Private Limited, the flagship company for its Sprng Energy platforms, to Shell Overseas Investments for $1.55 billion. Sprng...

News
29 April 2022
in
Transport

CABEI finances Philip Goldson highway project in Belize

CABEI has approved $24 million in financing to rehabilitate 25.75km of the Philip Goldson Highway in Belize. It is estimated that the new works will benefit approximately...

News
29 April 2022
in
Power, Renewables

EDL plans green kerosene production near Leipzig

German plant engineering company EDL is planning to build a plant near Leipzig to produce 50,000 tonnes of green kerosene annually and support the decarbonisation of the...

News
29 April 2022
in
Renewables

Probe into solar panel trade delays US projects

The US solar industry is anticipating a slowdown in project installations this year as a result of global supply chain disruptions and the threat of new US tariffs on...

News
29 April 2022
in
Power

Zenobe secures £25m from Santander

UK battery storage company Zenobe Energy has secured a non-recourse £25 million ($31 million) debt facility from Santander Corporate & Commercial to support the...