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23 November 2022
in
Metals and Mining

South Star Battery Metals closes $10m financing with Sprott

South Star Battery Metals has closed the Phase 1 deposit transaction under its metals purchase and sale agreement with Sprott Private Resource Streaming and Royalty.With...

22 November 2022
in
Transport

Hitachi awarded contract for JICA-funded railway in the Philippines

Hitachi Rail has been awarded a contract worth JPY114 billion ($814 million) by the government of the Philippines for the Solis to Malolos railway project.The contract is...

18 November 2022
in
Power

NEXI amends MoU to provide up to $500m to PT PLN

NEXI has amended its MoU with PT PLN, a state-owned electricity company in Indonesia.The amendment will provide financial support of a maximum of $500 million (of which...

11 November 2022
in
Metals and Mining

Eastplats pipeline finance facility is updated

Eastern Platinum says its pipeline finance agreement between Investec and Barplats Mine has been updated. The maximum size of the credit facility was reduced from...

07 November 2022
in
Renewables

Iberdrola signs €500m Cesce-backed green syndicated loan

Iberdrola has signed a landmark ECA-backed green syndicated loan of €500 million with CaixaBank and BNP Paribas.It is the first operation under Spanish export credit...

04 November 2022
in
Power

Proximo Weekly: Digging for answers to the coal-fired conundrum

Hopes are high that COP27 will be more action than words on phasing out coal-fired power. The ADB and CIF are both actively promoting coal-fired power early retirement...

02 November 2022
in
Power, Renewables

ADB, EDC sign mandate for 2GW solar and battery storage power program

ADB has signed signed a transaction advisory services mandate with Cambodia’s national utility company Electricite du Cambodge to support the development of 2GW of...

31 October 2022
in
Power, Renewables, Transport

EIB Group supports REPowerEU Plan with an additional €30bn in loans, equity

EIB Group will support the REPowerEU Plan with an additional €30 billion in loans and equity financing over the next five years. The additional funds from the...

25 October 2022
in
Renewables

Tidewater closes $150m credit facility with AIMCo

Tidewater Renewables (LCFS) and Alberta Investment Management Corporation (AIMCo) have closed a $150 million five-year senior secured second lien credit facility.The...

21 October 2022
in
Power, Renewables

Proximo Weekly: Will France get the energy price cap balance right?

With Europe's winter energy bill set to spiral, European governments must introduce measures to shield consumers and businesses against the astronomical cost increases....

18 October 2022
in
Renewables

US Solar Fund undertakes strategic review

The US Solar Fund is undertaking a strategic review that will consider all potential strategic options to maximise shareholder value.While the company has delivered on...

18 October 2022
in
Waste and water

Shuaibah 3 IWP: Added-value water

The numbers say it all – even if oil prices were to plummet, replacing the fossil fuelled Shuaibah IWPP early with the renewables powered Shuaibah 3 IWP would still make...

17 October 2022
in
Power

Germany holds sixth coal-exit tender

Germany’s Federal Network Agency (Bundesnetzagentur) has published the results of its 6th round of tenders under the Coal Power Generation Termination Act.Only one...

12 October 2022
in
Metals and Mining

QPM signs offtake, investment deal with GM

Queensland Pacific Metals has signed a binding equity subscription agreement and offtake agreement with GM.Under the Investment Agreement, GM will invest up to $69...

07 October 2022
in
Metals and Mining

Stanmore completes SMC buy

Stanmore Resources has completed the acquisition of the remaining 20% interest in the BHP Mitsui Coal assets, which have been renamed Stanmore SMC.The final price for the...

07 October 2022
in
Metals and Mining, Renewables

Alcoa signs wind power PPA for San Ciprian smelter

Alcoa Corporation has announced an additional power purchase agreement to support the future restart of the San Ciprian aluminum smelter, in Spain.The latest agreement is...

03 October 2022
in
Renewables

MSEDCL tenders 500MW of intrastate solar projects

Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids for the procurement of 500MW (Phase IX) of grid-connected intrastate solar projects.Eligible...

29 September 2022
in
Social infrastructure

Engie wins Curitiba street lighting PPP

Engie has won the auction for a public-private partnership (PPP) contract to manage and operate streetlighting in Curitiba, capital of Brazil’s Parana state. The...

22 September 2022
in
Metals and Mining

Eastern Platinum signs Investec financing deal

Eastern Platinum has signed a finance facility agreement with Investec Bank.The funds will be used for working capital purposes and financing the restart of the...

15 September 2022
in
Telecoms and Communications

More details on the Deutsche GigaNetz financing

More details have emerged on the financing closed by Deutsche GigaNetz and a consortium of international banks to support its anticipated €3 billion roll out of...