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News
22 August 2022
in
Oil & gas

Proximocast: Industry news - 22 August

This week we run through promotions and hires across the globe; Adapture Renewables hires Kyle Johnson - Sylvain Delion moves from Macquarie to RPC - HIF Global appoints...

Perspective
19 August 2022
in
Power

Does US BESS need the IRA's supercharging?

The growth of the US battery storage market will be further accelerated by the significant tax incentives offered by the Inflation Reduction Act. Participants are excited...

News
16 August 2022
in
Oil & gas

Germany signs deal with gas firms to supply two floating LNG terminals

Germany has signed an MoU with the country's top gas importers to safeguard the supply of two floating LNG terminals it needs to reduce reliance on Russian...

News
16 August 2022

Crestwood promotes john Black to CFO

Crestwood Equity Partners (CEQP) has announced senior executive promotions, effective immediately. John Black has been promoted to Executive Vice President and Chief...

News
15 August 2022
in
Power, Renewables

DOE launches two new program offices

The US Department of Energy (DOE) has launched two new program offices to over $23 billion in investments to modernise and expand capacity of the grid as well as deploy...

News
12 August 2022

HIF Global appoints Roberto Simon as CFO

HIF Global has appointed Roberto Simon as CFO. Simon joins HIF Global from Societe Generale, where he was most recently a managing director and co-head of global banking...

Perspective
12 August 2022
in
Power, Renewables

Baseload breakthrough: Kenhardt’s South African solar and storage first

The successful close on the Kenhardt solar and storage portfolio marks a bright spot in an otherwise frustrating period in South African power. But battery technology...

News
04 August 2022
in
Metals and Mining

Iamgold says Cote requires another $1.9bn to complete

Canadian gold miner Iamgold has warned that its overbudget Cote gold project, in Ontario, requires another $1.9 billion to bring into production. In a new cost to...

News
28 July 2022

SMBC to promote Japanese investment in eastern Thailand

Sumitomo Mitsui Banking Corporation (SMBC) has signed a MoU with the Eastern Economic Corridor Office of Thailand (EECO) to cooperate in promoting Japanese corporate...

News
20 July 2022
in
Metals and Mining

Ganfeng makes $40m payment to Leo

Leo Lithium says JV partner Jiangxi Ganfeng Lithium had agreed to the terms of an expandable $40 million debt facility for the Goulamina project, in Mali.Leo said...

News
06 July 2022
in
Power

Northvolt raises further $1.1bn

Northvolt has signed a  $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly...

News
01 July 2022
in
Power

US Supreme Court limits federal power to curb carbon emissions

The US Supreme Court has imposed limits on the federal government's authority to issue sweeping regulations to reduce carbon emissions from power plants in a ruling...

Perspective
30 June 2022

Proximo Weekly: ILX Fund I – six months on and no longer counting

As ILX Fund I hits its $1.05 billion target in commitments, co-financing loans with MDBs and DFIs in sectors like renewables, energy transition, sustainable industry and...

Perspective
29 June 2022

Proximocast: 20 minutes with Joe Robinson, Equitix

In this podcast, we talk to Joe Robinson, an ESG manager at Equitix, about the growing trend of consumer-led investing and how it is shaping the infrastructure and...

News
21 June 2022
in
Telecoms and Communications

Rogers and Shaw to sell Freedom Mobile in $2.2bn deal

Rogers Communications and Shaw Communications have reached an agreement to sell Freedom Mobile to Quebecor. Under the terms of the agreement, Quebecor will buy Freedom on...

News
17 June 2022
in
Power

Lordstown Energy refinanced

Sponsors of the 940MW Lordstown Energy Centre in Ohio – Macquarie Infrastructure Partners III US Energy Holdings (70%), Siemens Financial Services (26%) and Clean...

News
16 June 2022

UBS AM creates new infrastructure equity role

UBS Asset Management has appointed Andrew Morris to the newly created role of head of infrastructure equity within its Real Estate and Private Markets (REPM) group....

Perspective
10 June 2022

Proximo Weekly: Is Term SOFR the new dollar Libor?

The global project finance market looks set to replace one forward-looking dollar benchmark interest rate with another. Is Term SOFR effectively USD Libor with a new lick...

News
09 June 2022
in
Metals and Mining, Social infrastructure

IFC and Anglo American sign $100m sustainability-linked loan

Anglo American has signed a $100 million sustainability-linked loan with the IFC. The financing is IFC’s first in the mining sector and is understood to be the...

News
08 June 2022
in
Metals and Mining

Zimbabwe signals state mine investment with Russia platinum exit

Zimbabwe’s state mining vehicle, Kuvimba Mining House, is taking over the 50% shareholding in a platinum project owned by Russia’s Vi Holding NV and plans to...