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11 October 2024
in
Metals and Mining

Proposal for largest coal project in NSW withdrawn

Glencore and Yancoal have withdrawn a proposal for the largest coal mining project in New South Wales from consideration under federal environmental laws after state...

11 October 2024
in
Oil & gas

Santos closes $800m Darwin LNG extension financing

Santos' Darwin LNG joint venture has achieved financial close of new syndicated bank loan facilities totalling $800 million. Proceeds will be used to fund the...

11 October 2024
in
Renewables

ExxonMobil secures largest CO2 offshore storage site in US

ExxonMobil has executed the largest offshore carbon dioxide storage lease in the US with the Texas General Land Office. The over-271,000-acre site complements the...

11 October 2024
in
Telecoms and Communications

Philippines' €268m fiber optic project approved

The World Bank has approved €268.22 million ($287.24 million) in funding for the Philippines Digital Infrastructure Project. The project will invest in the...

11 October 2024

UNDP, Mizuho to scale up sustainable finance in Asia

The United Nations Development Programme (UNDP) and the Mizuho Financial Group are partnering to support scaling up sustainable finance across Japan and Asia. This...

11 October 2024
in
Renewables

EBRD mulls funding for 1.1GW Egyptian wind project

EBRD is considering providing a loan for the construction, commissioning and operation of a 1.1GW wind power project in Egypt. The Suez Wind Energy BOO Wind Power Plant...

11 October 2024
in
Renewables

EIB, Intesa Sanpaolo unveil €8bn wind industry plan

EIB and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry. It forms...

11 October 2024
in
Renewables

Doral Renewables: Pre-NTP solar debt with a difference

Doral Renewables has created a way to raise project finance debt for US renewable energy projects that have yet to sign interconnection agreements – and it is cheaper...

10 October 2024
in
Power, Renewables

UK announces scheme to support long term energy storage

The UK government is launching a new scheme to support investment in long duration energy storage (LDES) facilities.The announcement follows a consultation held earlier...

10 October 2024
in
Transport

Sao Paulo updates information for Nova Raposo concession

The Government of Sao Paulo has revised and republished concession information for the Nova Raposo Lot. The Nova Raposo concession comprises 92km of the three...

10 October 2024
in
Power

BW ESS to buy Penso Power

Storage owner/operator BW ESS has agreed to acquire all remaining shares not already owned in Penso Power. BW ESS was already the largest shareholder in the company...

10 October 2024
in
Renewables

Badenova granted permit for Black Forest wind project

German energy company Badenova has received approval to build a 36MW wind park in the southern parts of the Black Forest mountains.The Breisgau-Hochschwarzwald district...

10 October 2024
in
Renewables

EDPR offers to take over Pilot Energy’s Three Springs project

Pilot has received a non-binding offer from EDP Renewables APAC for the full takeover of the 376MW Three Springs solar power farm in Western Australia. Pilot said...

10 October 2024
in
Telecoms and Communications

Verizon lines up bridge loan for $10bn Frontier acquisition

Verizon Communications has lined up $10 billion of short-term bank funding to help fund its purchase of Frontier Communications Parent Inc.Morgan Stanley is leading a...

10 October 2024
in
Renewables

R.Power to issue $90m of green bonds

Poland’s R.Power Renewables plans to issue PLN352.2 million ($90 million) worth of secured bonds under its PLN1 billion issue programme to finance green...

10 October 2024
in
Transport

TxDOT assumes operation of SH 288 toll road

The Texas Department of Transportation (TxDOT) has completed the termination of the SH 288 Comprehensive Development Agreement (CDA). The buy-out payment of $1.7...

10 October 2024
in
Transport

Sao Paulo authorises Santos-Guaruja tunnel contract

The Legislative Assembly of Sao Paulo has approved the law authorising the government contract for the Santos-Guaruja Tunnel public-private partnership (PPP).The project...

10 October 2024
in
Renewables

PPC finances 1GW of solar for installation in 2025

Greek electric utility PPC is preparing to install two solar parks in Western Macedonia next year that will have a combined capacity of 1GW.The company, through an...

10 October 2024
in
Renewables

Swedish hydrogen-based aviation fuel project scrapped

Germany’s Uniper and South Africa’s Sasol have cancelled a 200MW Swedish project to produce renewable hydrogen-based aviation fuel, citing a lack of market...

10 October 2024
in
Power

Deutsche Bank joins team for Uniper stake sale

The German government has hired Deutsche Bank to help with the planned sale of a 20-30% stake in state-owned utility Uniper.Deutsche Bank joins UBS, Citi and Roland...