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04 May 2021

Chris Grigg named UKIB chair

Chris Grigg has been appointed as Chair of the UK Infrastructure Bank (UKIB), effective May 4. He has been serving as interim Senior Advisor to the Chancellor of the...

04 May 2021
in
Renewables

OX2 sells Karskruv wind farm to Lundin Energy

OX2 has sold the 86MW Karskruv wind farm in southern Sweden to Lundin Energy. The development includes 20 Vestas V150-4.3 MW wind turbines and will be constructed in the...

04 May 2021
in
Power, Renewables, Social infrastructure, Transport, Waste and water

GuarantCo, Rockefeller Foundation provide Acre Impact Capital with infra funds

GuarantCo and The Rockefeller Foundation have provided Acre Impact Capital with catalytic funding to make debt investments in infrastructure projects that provide access...

04 May 2021
in
Transport

World Bank agrees $347m loan for Mitre Railway Line project

The World Bank has approved a $347 million loan to improve the service and infrastructure of Argentina's Miter railway line, which transports over seven million...

30 April 2021
in
Waste and water

US EPA unveils $6.5bn financing package for water projects

The US EPA has announced a $6.5 billion financing package for a range of water projects under its Water Infrastructure Finance and Innovation Act (WIFIA) and state...

30 April 2021
in
Transport

Highway 427 extension legal dispute ongoing

The legal dispute surrounding the $616 million Highway 427 extension PPP project in Ontario, Canada is ongoing, with motorists still barred from using the extension to...

30 April 2021

Proximo Weekly: Rethinking the partnership in PPP

Post-Covid infrastructure stimulus plans are stacked high on civil service desks around the globe. But do both public and private sector need to change the way they look...

30 April 2021
in
Metals and Mining

Mining: A different shade of green

The mining sector is becoming a new frontier for green finance, as lenders take a greater interest in ESG issues. While green finance in mining has the potential to...

30 April 2021
in
Transport

AECOM appointed as Canberra light rail technical advisor

The Australian Capital Territory (ACT) government has appointed Aecom as technical adviser for Stage 2A of Canberra's light rail scheme. The appointment is intended...

30 April 2021
in
Renewables

Chinese developers plan 1.1GW solar project in Brazil

China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) have entered into a development agreement for the engineering,...

30 April 2021
in
Power, Renewables, Social infrastructure, Transport, Waste and water

RCU unveils $15bn masterplan for Al-'Ula regeneration

Saudi Arabia's Royal Commission for Al-'Ula (RCU) has confirmed a $15 billion budget for the 3-phase development of its oasis regeneration project. RCU...

30 April 2021
in
Renewables

EDF to build 242MW wind farm in Paraiba

EDF Renewables has signed a protocol of intent with the government of the Brazilian state of Paraiba for the construction of the 242MW Serra do Serido wind farm near the...

30 April 2021
in
Power, Renewables

First Sentier launches private debt strategy

First Sentier Investors, supported by MUFG Bank, has launched a private debt strategy focusing on loans in the renewable energy sector. The strategy will be led by head...

30 April 2021
in
Renewables

Vestas signs €2bn ESG-linked revolver

Vestas Wind Systems has signed a €2 billion ($2.4 billion) multi-currency revolving credit facility with margins linked to its sustainability key...

30 April 2021
in
Renewables

Opdenergy lines up 8 new PPAs for Spanish solar

Opdenergy has obtained final approval from the board of a German investment grade utility off-taker for 8 new 10-year PPAs for 362MW of solar projects in Spain. The PPAs...

30 April 2021
in
Transport

D4 motorway project reaches financial close

A consortium comprising Meridiam and VINCI Highways has reached financial close on a €474 million project financing for the D4 motorway in the Czech Republic. The...

30 April 2021
in
Power, Renewables

Fortescue to integrate BESS into Pilbara network

Pacific Energy subsidiary Contract Power Australia has signed a contract to build a 42MW/13MWh network integrated Battery Energy Storage System (BESS) for Fortescue...

30 April 2021
in
Power, Renewables

Fusion Fuel and Elecnor partner on Spanish solar-to-hydrogen projects

Green hydrogen technology company Fusion Fuel Green (HTOO) has reached a collaboration agreement with the Elecnor Group (ENO) for the development of green hydrogen...

30 April 2021
in
Transport

Georgia DOT to hold industry forum for I-75 CVL project

The Georgia Department of Transportation will be holding a virtual Industry Forum for developers and contractors for its I-75 Commercial Vehicle Lanes (CVL) project on...

30 April 2021
in
Social infrastructure

Makati signs hospital PPP agreement with Life Nurture

The city government of Makati has signed a public-private partnership agreement with Life Nurture Inc for the redevelopment, completion and operation of the unfinished...