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09 June 2023
in
Social infrastructure

China Exim backs Indonesian smart meter deal

The $150 million financing backing the development of State Grid Corporation of China’s smart meter PPP in Indonesia reached financial close in April. The deal was...

08 June 2023
in
Power

Fondul Proprietatea to sell Hidroelectrica shares in IPO

Fondul Proprietatea is planning to proceed with an initial public offering of its entire 19.94% interest in Romanian hydro company Hidroelectrica.The shares are expected...

07 June 2023
in
Oil & gas, Renewables

Wood 'expanded oil and gas business after £430m green transition loan'

International engineering company Wood Group has expanded its oil and gas business and shrunk its renewables operations after receiving a £430 million UKEF-backed...

06 June 2023
in
Renewables

Latest Y Bryn wind farm consultation begins

Coriolis Energy and ESB have begun consultations on the draft application for their 130MW Y Bryn onshore wind farm in Wales.The proposed project would be located on two...

05 June 2023
in
Power, Renewables

Site secured for Tasmanian green hydrogen project

Abel Energy and Iberdrola’s Bell Bay Powerfuels has signed a term sheet with Hydro Tasmania for the sale of the decommissioned Bell Bay Power Station in...

02 June 2023
in
Transport

Proximo Weekly: MTA’s P3 debut

Is smaller ticket asset bundling the way to develop a consistent US P3 pipeline?

01 June 2023
in
Oil & gas

Equinor delays Bay du Nord Canada oil project amid rising costs

Equinor is postponing its Bay du Nord Canadian offshore oil project for up to three years due to rising costs. The company did not specify the rising costs, but...

24 May 2023
in
Renewables

Sale of Persimmon Creek to Evergy completes

Scout Clean Energy and its joint venture partner Elawan Energy have completed the sale of the 199MW Persimmon Creek Wind Farm to Evergy (EVRG).Persimmon achieved...

24 May 2023
in
Oil & gas

Port Arthur LNG: Old school but it works

The deal may not have the cross-collateralisation bells and whistles of other recent US LNG financings, but Port Arthur LNG is a robust project financing and a bellwether...

22 May 2023
in
Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport

Proximocast: Industry news - 22 May

This week, Naomi highlights some of the great content happening at our Nashville event this week (23-24 May), along with the top stories from around the globe.Top stories...

18 May 2023
in
Renewables

EIB funds sustainable heating project in Czech Republic

EIB will lend €75 million to utility company Teplarny Brno to co-finance the upgrade of the heat generation and distribution system in Brno, the Czech...

17 May 2023
in
Oil & gas

Woodside open to talks with Chinese firms for Scarborough project

Woodside Energy is open to talks with Chinese firms to invest in its $12 billion Scarborough liquefied natural gas project in Australia.The company has also started talks...

16 May 2023
in
Renewables

Orsted awarded 20-year contract for CCS project

The Danish Energy Agency (DEA) has awarded Orsted a 20-year contract for its carbon capture and storage (CCS) project, Orsted Kalundborg Hub.The company will establish...

10 May 2023
in
Renewables

Further details on Moray West project financing

Further information has come to light about the project financing of the 882MW Moray West offshore wind farm, which will be located off the coast of Scotland. The project...

02 May 2023
in
Oil & gas

Shell exiting Browse project as BP boosts its stake

BP is in the process of enlarging its interest in a natural gas project offshore Australia while Shell Australia is heading for the exit.  Shell said it had signed...

26 April 2023
in
Oil & gas

Perdaman closes on Ceres urea project financing

Perdaman Chemicals and Fertilisers has closed on financing for its A$6 billion Ceres (also known as Karratha) urea project in Western Australia.Global Infrastructure...

26 April 2023
in
Power, Renewables

Woodside finds hydrogen partner in Singapore

Woodside Energy has signed a non-binding heads of agreement with Singapore’s Keppel Data Centres Holding to evaluate the potential supply of liquid hydrogen to...

20 April 2023
in
Renewables

EQTEC to join Poseidon for Italian waste-to-RNG projects

EQTEC has entered into a Collaboration Framework Agreement (CFA) with Poseidon LNG Hub (PLH) to target waste-to energy projects in Italy.The companies will jointly target...

14 April 2023
in
Renewables

IBP begins developing biomass power plant in Ishikari

Marubeni and Taisei, through special purpose company IBP, have begun development of a 9.9MW wood-based biomass power plant in Ishikari City, Hokkaido, Japan.The biomass...

14 April 2023
in
Oil & gas

Mad Dog 2 project starts operations

BP has kicked off oil production from its fifth operated production platform in the US Gulf of Mexico and the first new one since 2008.The production started at its Argos...