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12 October 2022

Sacyr plans divestments to fund future growth

Sacyr is actively exploring options for a divestment plan to fast-track the goals of its 2021-2025 Strategic Plan.The company plans to divest a 49% stake in Sacyr...

12 October 2022
in
Oil & gas

Vista, Trafigura to invest $150m in Argentina's Vaca Muerta oil project

Latin American oil firm Vista Energy has signed a new deal with Trafigura Argentina to invest $150 million into Argentina's Vaca Muerta shale formation.The deal...

12 October 2022
in
Metals and Mining

Lake Resources, SK On sign offtake agreement

Lake Resources and SK On have signed offtake deal for up to 25,000 tonnes of battery-grade lithium per annum from the Kachi Lithium Project in Argentina.The conditional...

12 October 2022
in
Transport

EBRD to finance 10th Ramandan railway link

EBRD is providing up to €40 million loan to Egypt to finance 10th Ramandan railway link.The loan will be on-lent to Egyptian National Railways and will be used to...

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...

12 October 2022
in
Transport

Egypt-Sudan rail project approved

Egyptian president Abdel Fatal al-Sisi has approved $2.4 billion agreement with the Kuwait Fund for Economic Development to finance studies for Egypt-Sudan rail link.The...

11 October 2022
in
Telecoms and Communications

Reliance Industries and Jio to raise loans

Reliance Industries (RIL) and Reliance Jio are in talks with lenders to raise up to $1.5 billion and $2.5 billion, respectively, through foreign loans.RIL is trying to...

11 October 2022
in
Renewables

Market sounding launched for Inch Cape offshore wind financing

A market sounding has been launched for the 1GW Inch Cape offshore wind farm.Sponsored by Red Rock Power and ESB, the project will be located off the coast of Scotland....

11 October 2022
in
Telecoms and Communications

Community Fibre signs £985m finance facility

Community Fibre has signed a new finance facility of £985 million ($1,090 million) enabling it to continue its rapid roll out of a full-fibre network in London.The...

11 October 2022

Ferrovial sells Amey in £400m deal

Amey has been sold to UK investment firm Buckthorn Partners in a deal worth £400 million ($443 million) according to former owner Ferrovial.Buckthorn has partnered...

11 October 2022
in
Transport

Highway 101 high-occupancy lanes secures USDOT funds

Construction is underway on the Carpinteria-Summerland section of California’s Highway 101 to create high-occupancy vehicle lanes.The US Department of...

11 October 2022
in
Renewables

Enercon to install turbines for Turkish wind projects

Enercon and Enerjisa Uretim have signed a deal to install 1GW of wind energy capacity at the YEKA RES 2 project in Turkey.Under the arrangement, Enercon will supply the...

11 October 2022
in
Power, Renewables

Axpo halts green hydrogen project after court ruling

Axpo has been forced to halt a green hydrogen project at its Eglisau-Glattfelden hydropower plant following legal proceedings brought by private citizens. The...

11 October 2022
in
Power

Hydrogen Utopia signs up Polish partner for WtE project

Hydrogen Utopia International (HUI), through its Polish subsidiary Hydropolis United, has agreed to develop a non-recyclable waste plastic-to-hydrogen project with...

11 October 2022
in
Renewables

Moray West offshore wind farm out to banks

The project financing of the 882MW Moray West offshore wind farm has been launched to banks.The project is sponsored by Ocean Winds, EDPR, and Ignitis Group and will be...

11 October 2022
in
Power

JSW signs pumped storage MoU with Maharashtra

JSW Neo Energy Limited has entered into a MoU with the Government of Maharashtra for setting up the 960MW Pane (Raigarh) Pumped Storage Project in the state.The company...

11 October 2022
in
Renewables

Deep Wind Offshore secures site exclusivity off South Korea

Deep Wind Offshore has secured site exclusivity for an offshore wind project in the Southern Sea offshore South Korea.The company has entered an agreement with Seatech...

11 October 2022
in
Power, Renewables

Statkraft to develop its first UK green hydrogen project in Wales

Statkraft has announced plans to develop its first UK green hydrogen project - the Trecwn Green Energy Hub in Pembrokeshire, Wales.The plant is planned for the site of a...

11 October 2022
in
Renewables

Mainz utility plans €200m investment in green projects

Mainz, the state capital of Germany’s Rhineland-Palatinate, is planning to spend €200 million ($196 million) to expand renewables over the next five to seven...

11 October 2022
in
Renewables

FirstEnergy to buy RECs for its Ohio utilities

FirstEnergy Corp (FE) has issued a Request for Proposal (RFP) to purchase Ohio-compliant Renewable Energy Credits (RECs) for its Ohio utilitiesThe purchases will help...