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19 March 2021
in
Transport

World Bank, AFD finance Serbian railway upgrade project

The World Bank and the Agence Française de Développement are financing the upgrade of 3,735km of railway in Serbia to increase its safety, efficiency, and...

19 March 2021
in
Metals and Mining

Mitsubishi strikes deal with Glencore to buy into bauxite project

Japanese group Mitsubishi is making a foray into bauxite mining with a deal to buy a stake in an undeveloped bauxite mine in Queensland, Australia.Mitsubishi is to buy a...

19 March 2021
in
Power

Proximo Weekly: Once upon a time in the West

The Texas blackouts proved the R in ERCOT (The Electric Reliability Council of Texas) is a misnomer. What did ERCOT get wrong and can it be put right?

19 March 2021
in
Power, Renewables, Waste and water

EIB agrees €875m financing for green projects across Greece

The European Investment Bank has agreed new long-term financing of €875 million to finance hundreds of sustainable urban investment schemes and energy efficiency...

19 March 2021
in
Telecoms and Communications

UK FTTH: Rocks and roll-out

As the UK’s fibre-to-the-home (FTTH) coverage expands, the government and regulators remain wholly intent on allowing a competitive, market-driven approach to dominate....

18 March 2021
in
Renewables

Adani Green Energy closes major hybrid project financing

Adani Green Energy Limited (AGEL) has reached financial close on a $1.35 billion certified green hybrid project debt package that will initially fund its...

18 March 2021
in
Telecoms and Communications

UGG closes on major FTTH project debt facility

Unsere Grune Glasfaser (UGG) has raised €1.65 billion of seven-year non-recourse debt to partially fund roll-out of 50,000 km-plus of FTTH in rural and semi-rural...

18 March 2021
in
Renewables

ZE PAK closes on debt for Brudzew solar project

ZE PAK has raised a PLN175 million syndicated project loan from PKO BP (agent bank), Bank Pekao and mBank to fund construction of its 70MW Brudzew solar PV project in...

18 March 2021
in
Power

NIB finances power interconnector between Denmark and UK

The Nordic Investment Bank has signed a ten-year loan agreement with Danish TSO Energinet to co-finance the construction of the Viking Line, a 760km, 1.4GW high voltage...

18 March 2021
in
Renewables

Northern Ireland consents Corlacky wind farm

The Northern Irish Infrastructure Minister has granted planning permission for RES' 11-turbine 36MW Corlacky Wind Farm near Swatragh in County Derry.

18 March 2021
in
Renewables

Capital Energy orders 1GW of GE turbines

Capital Energy has signed  a framework agreement with GE Renewable Energy for the supply of up to 1GW of wind turbines over the next 3 years. Capital...

18 March 2021
in
Renewables

Capital Energy issues €50m bond for Spanish renewable projects

Spanish energy company Capital Energy has issued a €50 million ($59 million) 18-month bond to fund the development of five renewable projects in Spain. The bond has...

18 March 2021
in
Renewables

CPV plans 175MW Backbone Solar in Maryland

Competitive Power Ventures (CPV) is planning to file an application with the State of Maryland for a Certificate of Public Convenience and Necessity (CPCN) to construct...

18 March 2021
in
Renewables

Korea Zinc joins Acciona's MacIntyre wind project

Acciona and Korea Zinc Co subsidiary Ark Energy have reached an agreement to jointly develop the 923MW MacIntyre Wind Farm in Queensland. Ark Energy will take a 30% stake...

18 March 2021
in
Renewables

Centrica signs solar PPA with Better Energy

Centrica Energy Trading has signed a 10-year PPA with Better Energy for 112GWh per year from two new subsidy-free solar projects, with Better Energy developing the two...

18 March 2021

Leigh Creek takes FID for Australian urea project

Leigh Creek Energy (LCK) has reached a final investment decision (FID) for the first stage of its Leigh Creek Energy Project (LCEP) in South Australia. LCEP is located...

18 March 2021
in
Transport

TAV closes on Tunisian airports debt restructuring

TAV Airports has closed the restructuring of debt on its two 40-year Tunisian airport concessions - Monastir and Enfidha - after a technical default by TAV Tunisia in...

18 March 2021
in
Oil & gas

IDB Invest signs El Salvador LNG FSRU financing

Project sponsors of an FSRU in El Salvador - BW Gas and Invenergy Company -  have closed a 15-year $128.3 million DFI-backed facility to fund the acquisition and...

18 March 2021
in
Telecoms and Communications

Ascendas to acquire 11 European data centres

Singapore-based Ascendas Real Estate Investment Trust (REIT) is to acquire 11 European data centres from Digital Realty for S$904.6 million ($675 million). The portfolio...

18 March 2021
in
Transport

Scotland to take over ScotRail franchise in 2022

The Scottish Transport Secretary has announced that the ScotRail franchise will return to Scottish Government ownership. The current franchise will expire in March 2022...