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16 December 2021
in
Power, Renewables

Spain approves renewables and hydrogen financing tool

The Spanish government has approved a new financing tool under its recovery and resilience facility aimed at supporting renewable energy, green hydrogen and energy...

13 December 2021
in
Power, Transport

ADB agrees $600m loan for Java electricity resilience project

The Asian Development Bank has approved a $600 million results-based loan to help state-owned power company Perusahaan Listrik Negara (PLN) improve the reliability and...

07 December 2021
in
Transport

Tim Murphy is appointed Chair of WDBA

Tim Murphy has been appointed as the Chairperson of Windsor-Detroit Bridge Authority (WDBA) for the Gordie Howe International Bridge project. He replaces the outgoing...

03 December 2021
in
Social infrastructure

IO outlines P3 approach for WAHA redevelopment

Infrastructure Ontario and Weeneebayko Area Health Authority (WAHA) are to issue a Request for Proposals (RFP) related to the WAHA redevelopment project to the market in...

16 November 2021
in
Oil & gas

German regulator puts brake on Nord Stream 2

Germany’s energy regulator has suspended the approval process for a major new pipeline bringing Russian gas into Europe, throwing up a new roadblock to the...

04 November 2021

Brett Himbury named as Stafford chairman

Real assets and private markets manager Stafford Capital Partners has appointed their Senior Advisor Brett Himbury as Chairman, effective 1 January 2022. Himbury spent...

01 November 2021
in
Social infrastructure, Waste and water

Contracts awarded for remote monitoring of Dakar water network

The Societe Nationale des Eaux du Senegal (SONES) has selected Yokogawa Solution Service Corporation and Toyota Tsusho Corporation to implement a project to strengthen...

27 October 2021
in
Social infrastructure

EIB signs €72.5m financing for Vaasa hospital project

The European Investment Bank has signed a €72.5 million ($84 million) loan with the Vaasa Hospital District for the consolidation and extension of the Central...

15 October 2021
in
Transport

ADB and Papua New Guinea sign a $325 million loan for transport development

The Asian Development Bank (ADB) and the government of Papua New Guinea (PNG) have signed a $325 million loan to help fund tranche 2 of the Sustainable Highlands Highway...

07 October 2021

Biden nominates Parisa Salehi for US Exim Inspector General role

US President Joe Biden has nominated Parisa Salehi for Inspector General of the Export-Import Bank of the United States (US Exim). Salehi is currently the Chief of Staff...

01 October 2021

Proximo Weekly: PFI handback – it could get messy

In the next decade 200-plus PFI contracts will end and the assets handed back to the state. It should be simple, but mistakes, lack of clarity and loopholes in early...

24 September 2021

Risk, reward and the rebound in US infrastructure finance

Conditions are starting to look promising for higher volumes across US project finance. In a roundtable sponsored by BNY Mellon, Proximo explores the new market dynamic...

21 September 2021
in
Renewables

MoU signed for geothermal district heating in Stoke

GT Energy UK (GTE) subsidiary IGas Energy has signed a MoU with SSE Heat Networks for the development of a geothermal district heating project in the City of...

02 September 2021

Investec arranges financing for Ghanaian hospitals

Investec Bank has taken the lead arranging role in a €215 million ($255 million) deal to finance two major hospital projects in Ghana. The funding will be used to...

20 August 2021
in
Metals and Mining

US court blocks ConocoPhillips' Alaska oil project

ConocoPhillips' multibillion-dollar Willow North Slope oil project in Alaska has suffered a setback when US District Court Judge Sharon Gleason voided permits and...

30 July 2021
in
Metals and Mining

EcoGraf's expansion plans raise interest from ECA

Export Finance Australia has given ASX-listed EcoGraf a non-binding letter of support to secure a $35 million loan facility for the planned expansion of its battery anode...

24 May 2021
in
Social infrastructure

Commissioners move forward with Clackamas courthouse P3

The Clackamas County Commissioners have authorised county staff to post a Request for Quotation (RFQ) in late June or early July to secure a proponent to undertake the...

14 May 2021

Rob Sternthal joins Piper Sandler

Piper Sandler has hired Rob Sternthal, who will join the firm's New York office as a managing director in the energy and power investment banking group....

13 May 2021

DC Advisory announces new promotions

DC Advisory has announced the promotion of 21 staff members to managing director, executive director, and director across its global offices. New managing directors...

30 April 2021

Proximo Weekly: Rethinking the partnership in PPP

Post-Covid infrastructure stimulus plans are stacked high on civil service desks around the globe. But do both public and private sector need to change the way they look...