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27 March 2024
in
Renewables

PPC completes acquisition of Romanian wind farm

PPC Renewables has completed the acquisition of  the 84MW Romanian Land Power wind park from the European subsidiaries of Lukoil Group.The park is located in...

27 March 2024
in
Power, Renewables, Social infrastructure, Transport

Proximocast: Industry News - 27 March

This week, Max brings you the top stories in project and infrastructure finance:Rio Tinto to invest $350m in Argentina lithium projectZenobe upping electric bus portfolio...

27 March 2024
in
Social infrastructure

Bergamo tenders sports centre PPP

The Italian municipality of Bergamo has launched a tender for the redevelopment, financing, maintenance and management of the Italcementi sports centre.The 20-year...

27 March 2024
in
Renewables

Vasa Vind takes Froskog FID

Vasa Vind has made the investment decision for the 36MW Froskog wind farm in the municipality of Amal western Sweden. Construction is now due to begin in Q2 2024.The wind...

27 March 2024
in
Transport

Arjun and UPP invest in Angel Trains

Arjun Infrastructure Partners and University Pension Plan Ontario (UPP) are to invest in Angel Trains, the largest rolling stock company in the UK.Angel Trains serves the...

27 March 2024
in
Renewables

Serbia's 94MW Pupin wind farm receives €91m funding

Enlight Renewable Energy has received a €91.4 million (almost $99 million) financing package to fund construction of a wind farm in Serbia.EBRD and Erste will...

27 March 2024
in
Telecoms and Communications

Wessex Internet secures Project Gigabit contract

Wessex Internet has been awarded a £18 million ($22.5 million) Project Gigabit contract to roll out fibre to around 14,500 homes and businesses in South...

27 March 2024
in
Oil & gas

Gas pipeline JV plans to connect Permian supplies to US Gulf Coast

Canadian pipeline operator Enbridge will form a venture with I Squared Capital and pipeline firms WhiteWater and MPLX to connect Permian supplies to the US Gulf...

27 March 2024
in
Oil & gas

CEZ signs €840m loan for GasNet acquisition

CEZ has signed a loan agreement in the amount of €840 million ($909 million) to finance its acquisition of a 55.21% stake in Czech gas distribution operator...

27 March 2024
in
Renewables

Ramboll awarded pre-FEED for Bowdun wind project

Thistle Wind Partners (TWP) has awarded Ramboll the pre-FEED contract for the foundations of its 1GW Bowdun offshore wind farm in Scotland.TWP, a consortium involving...

27 March 2024
in
Transport

VIports selected for Virgin Island airport PPP

Aecon-led consortium VIports Partners has been selected by the US Virgin Islands Port Authority (VIPA) to redevelop two airports through a public-private partnership.The...

27 March 2024
in
Oil & gas

IsDB confirms $100m ChemOne financing

The Islamic Development Bank (IsDB) has approved a $100 million financing for ChemOne's Pengerang Energy Complex. The facility will come under the bank's PPP...

27 March 2024
in
Renewables

NTPC secures JBIC financing for renewable projects

JBIC has signed two loan agreements totalling JPY30 billion ($198 million) with NTPC Renewable Energy (NREL) and NTPC Limited. The ECA will provide 60% of the facility...

27 March 2024
in
Transport

Financing in progress for Project Recharge manufacturing project

A financing is underway for the Project Recharge facility in the US, which will manufacture permanent magnets for use in electric vehicles (EVs). The project is being...

27 March 2024
in
Renewables

Electric Hydrogen inks second deal to sell 1GW of its massive electrolysers

Electric Hydrogen, a start-up backed by Bill Gates, has secured agreement from a major US utility to buy 1GW of its massive electrolysis systems — the second...

27 March 2024
in
Transport

CDPQ closes on debt to up stake in DP World JV

Caisse de depot et placement du Quebec (CDPQ) has closed on the debt backing its acquisition of an additional 2.4% stake in Jebel Ali Terminals, Jebel Ali Free Zone and...

27 March 2024
in
Renewables

264MW Pagegiai wind farm secures funding

NIB and UAB LT Energija have signed a €100 million ($108 million) loan for a 264MW wind farm in Pagegiai, Lithuania. The EU supports €43.5 million of the loan...

27 March 2024
in
Renewables

New CEO for Origis Energy

Origis Energy has promoted Vikas Anand to Chief Executive Officer (CEO). He joined the firm in August 2023 as Chief Operating Officer and Chief Financial...

27 March 2024
in
Renewables

CNE signs concession for Dominican solar project

The Dominican Republic’s National Energy Commission (CNE) has granted a definitive concession for the 60MWp Parque Solar Girasol II project. The project which...

27 March 2024
in
Social infrastructure

Gren to upgrade Estonian district heating networks

Gren plans to invest over €20 million ($21.6 million) in the Estonian heating networks of Tartu, Parnu and Ida-Virumaa between 2024 and 2026.The company will invest...