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14 October 2022
in
Renewables

Austria plans decarbonisation funding for industry

The Austrian government is to provide €5.7 billion ($5.5 billion) in funding by 2030 to support the decarbonisation of industry and reduce its dependence on Russian...

14 October 2022
in
Renewables

IBC SOLAR sells two polish solar projects to Afcon

IBC SOLAR Energy has sold two solar parks with a combined capacity of 120MW in western Poland to Israeli company Afcon Renewable Energy.Afcon will complete the...

14 October 2022
in
Renewables

CIP advances Belgian biogas project

Copenhagen Infrastructure Partners (CIP), through its CI Advanced Bioenergy Fund I (CI ABF I), has secured a site for a large industrial scale biogas plant located in...

14 October 2022
in
Renewables

Prime Capital fund acquires Finnish wind farm

Prime Capital, through its Prime Green Energy Infrastructure Fund (PGEIF), has closed the acquisition of the 90MW ready-to-build Project Sandbacka wind farm in Finland.An...

14 October 2022
in
Power, Renewables

Enel and Eni projects to receive European hydrogen funding

Two green hydrogen projects being developed by Enel Green Power and Eni in Italy will receive EU funding under IPCEI Hy2Use. The projects will install a 20MW...

14 October 2022
in
Renewables

German draft law to encourage renewables at open cast mines

The German government has approved amendments to the Federal Building Code to further encourage the deployment of renewable energy across the country.The draft law aims...

14 October 2022
in
Telecoms and Communications

Eiffage completes acquisition of majority stake in SNEF Telecom

Eiffage Energie Systemes has completed the acquisition of a 70% interest in France-focused mobile telecom company SNEF Telecom.The new acquisition will enable Eiffage to...

14 October 2022
in
Transport

IDB backs Bolivian airport upgrades

The IDB has approved a $60.2 million loan for Bolivia to facilitate the upgrade of the Joya Andina and Capitan Oriel Lea Plaza airports in Uyuni and Tarija. The debt will...

14 October 2022
in
Renewables

Laos wind pricing on DFI-backed debt package emerges

The $600-650 million DFI-backed financing backing the 600MW Monsoon wind power project in Laos is expected to sign by the end of next month, with financial close by...

14 October 2022

Proximo Weekly: The only way is up

Inflation – it’s breaking out all over. EPC costs, debt costs, hedging costs, offtake prices – many of what were predictable and relatively stable variables over a long...

14 October 2022
in
Transport

EBRD issues €75m for Istanbul metro construction

EBRD is providing €75 million to Istanbul Metropolitan Municipality to support the construction of the Goztepe-Atasehir-Umraniye metro line.The funds are an...

14 October 2022
in
Social infrastructure

Two proposals submitted for South Niagara Hospital

The request for proposals (RFP) stage for the South Niagara Hospital project has closed with two of the three pre-qualifiers submitting proposals.Submission were made by...

14 October 2022
in
Transport

Indian approves container terminal PPP for Deendayal Port

India’s cabinet committee on economic affairs has approved the development of a container terminal at Tuna-Tekra in Deendayal Port.The project has an estimated cost...

14 October 2022
in
Power

AMPYR and Shell sign JDA for Wellington BESS

AMPYR Australia and Shell Energy Australia have signed a joint development agreement for a proposed battery energy storage system strategically located in Wellington,...

14 October 2022
in
Renewables

Capital Dynamics holds final close for CEI IX

Capital Dynamics has held a final closing of its Capital Dynamics Clean Energy Infrastructure IX (CEI IX) fund with €521 million ($506 million) in capital...

14 October 2022
in
Renewables

AvenHexicon obtains rights for two Italian offshore wind sites

The AvenHexicon joint venture between Hexicfon and local partner Avapa Energy has obtained two maritime priority rights for developing floating offshore wind in Italy.The...

14 October 2022
in
Power, Renewables

SGP BioEnergy to add green hydrogen to refinery project in Panama

SGP BioEnergy has announced the addition of green hydrogen production to its planned advanced bio refinery in Panama.The Biorefineria Ciudad Dorada, or Golden City...

14 October 2022

Ashurst adds Katie Williams to International Projects Group

Global law firm Ashurst has appointed Katie Williams as partner in its International Projects Group, based in London.She joins from Linklaters and has over 11 years'...

14 October 2022
in
Renewables

Alternus Energy and Clean Earth Acquisitions to combine

Alternus Energy Group (ALT) and Clean Earth Acquisitions (CLIN) have executed a definitive business combination agreement.Under the agreement, Alternus will transfer its...

14 October 2022
in
Renewables

Vestas plans Polish turbine assembly facility

Vestas is planning a new factory in Szczecin, Poland for the assembly of nacelles and hubs for the company’s flagship V236-15.0MW offshore wind turbine.The plant,...