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29 January 2024
in
Telecoms and Communications

Kao Data completes £206m debt raise with Deutsche Bank

Data centre company Kao Data has completed a £206 million ($260 million) debt raise with Deutsche Bank that can be expanded to £356 million in...

29 January 2024
in
Renewables

Hydro-Quebec selects projects totalling 1.5GW

Hydro-Quebec has selected 8 bids from 5 developers for a total of 1,550MW of contract capacity in its call for tenders launched on March 31, 2023.The average supply cost...

29 January 2024
in
Metals and Mining

Blencowe receives DFC LoI over Orom-Cross financing

UK-headquartered graphite developer Blencowe Resources has received a formal letter of interest (LoI) from the US International Development Finance Corporation regarding...

29 January 2024
in
Oil & gas

PRL launches $1.7bn refinery upgrade project

Pakistan Refinery Limited has started a refinery expansion and upgrade project (REUP) costing $1.7 billion in a bid to double its installed crude processing capacity to...

29 January 2024
in
Oil & gas

Japan's JOGMEC gearing up to support new LNG projects

The Japan Organization for Metals and Energy Security (JOGMEC) is preparing to give financial assistance to Japanese companies for new LNG projects to ensure a stable...

29 January 2024
in
Renewables

Faria Renewables is permitted 650MW of projects in Greece

Faria Renewables has secured authorisation for the construction of 650MW of wind and solar farms with storage facilities across Greece.The Regulatory Authority for Waste,...

29 January 2024
in
Transport

FirstGroup secures £150m for electric bus fleet

FirstGroup is set to add 1,000 zero-emission buses to its UK fleet network after securing a £150 million ($190 million) green finance facility.Bank of Scotland was...

29 January 2024
in
Power

Ace Power secures grid permits from AEMO

Renewables developer Ace Power has secured its first grid connection agreements with the Australian Energy Market Operator (AEMO) for two battery storage projects.The...

29 January 2024
in
Renewables

CS Capital invests in Norne CCS project

Core Sustainability Capital has closed an investment in the Norne Carbon Storage Hub with project founder Fidelis New Energy. Norne is a Danish Carbon Capture and...

29 January 2024
in
Renewables

Exus to acquire 15-project portfolio in New Mexico

Exus North America has announced the acquisition of New Mexico Renewable Development (NMRD) and its 625MW portfolio of 15 solar projects.The purchase of NMRD from PNM...

29 January 2024
in
Power

Varme to build WtE project in Edmonton

The Canadian City of Edmonton in Alberta has reached agreement with Varme Energy Inc on a waste -to-energy project.As part of the  agreement, Varme will construct a...

29 January 2024
in
Renewables

Metacon licenses PERIC electrolyser tech

Metacon has entered into an exclusive licence agreement that could see it establish electrolyser production using PERIC technology.Metacon Technology AB entered into an...

29 January 2024
in
Renewables

Glentra acquires major stake in US floating solar platform

Glentra Capital has announced the acquisition of a controlling interest in US floating solar developer Third Pillar Solar Renewables. Third Pillar develops, owns,...

29 January 2024
in
Renewables

Orsted cancels OREC agreement for Skipjack

Orsted has withdrawn from Maryland Public Service Commission orders approving the 966MW Skipjack 1 and 2 offshore wind projects.The payment amounts for ORECs set forth in...

29 January 2024
in
Power, Renewables

More details on Atrisco Solar

More details have emerged on the debt financing for the $395 million 330MWac Atrisco Solar PV project in Rio Rancho City, New Mexico, which reached financial close last...

29 January 2024
in
Renewables

EBRD mulls green hydrogen project financing in Uzbekistan

The EBRD is considering a $58.2 million loan to ACWA Power to finance the construction of an integrated renewable hydrogen production facility, consisting of a 20MW...

29 January 2024
in
Oil & gas

Shell to convert Wesseling site into base oil production unit

Shell has made a final investment decision to transform the hydrocracker of the Wesseling site into a production unit for Group III base oils. These base oils are...

29 January 2024
in
Renewables

China to invest €2bn in wind, solar, and hydrogen projects in Serbia

China is set to invest €2 billion ($2.18 billion) in Serbia to develop renewable energy infrastructure, marking the largest investment in renewable energy projects...

29 January 2024
in
Power, Renewables

AfDB finances energy projects in Mauritania

Mauritania and the AfDB have signed financing agreements for two energy projects in Mauritania totalling $289.5 million. The projects include the 225kV Mauritania-Mali...

29 January 2024
in
Social infrastructure

EIB signs project co-financing MoUs with Central Asian Nations

EIB has inked MoUs for project co-financing with Kazakhstan, the Kyrgyz Republic, Uzbekistan, and the Development Bank of Kazakhstan, amounting to a total of €1.47...