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06 May 2022
in
Transport

Bidders shortlisted for Birmingham Highways PFI contract

Shortlisted bidders have been announced for the Birmingham Highways Limited (BHL) PFI contract in the UK. BHL is an SPV owned by Equitix and PIP Infrastructure...

06 May 2022
in
Oil & gas

Mitsui reveals write-down for Arctic LNG 2

Japan's Mitsui has decided to take a write-off related to its 10% stake in Novatek’s Arctic LNG 2 project. The company reported that it had recorded a loss of...

06 May 2022
in
Renewables

Cobra signs Ecuador wind concession

Spanish consortium Cobra Zero-E Villonaco has won the 25-year concession to build and operate the 110MW Villonaco wind farm complex in Ecuador.The $181 million wind...

06 May 2022
in
Transport

Contract for phase 1 of Metro Manila Subway signed

The Philippines has signed a PHP17.75 billion (about $338 million) contract as part of the first phase of the Metro Manila Subway.The contract package - dubbed CP104 and...

06 May 2022
in
Renewables

GIP buying wpd's offshore wind business

Global Infrastructure Partners (GIP) and wpd have signed definitive agreements for GIP to acquire 100% of wpd offshore, the offshore wind business of wpd. The transaction...

06 May 2022
in
Telecoms and Communications

Syndication closes on Deutsche Glasfaser FTTH financing

Syndication has closed on the €5.75 billion financing for the expansion of Deutsche Glasfaser's FTTH network in Germany. The financing signed in December 2021...

06 May 2022
in
Social infrastructure, Transport

NDB wants to co-finance trade infra projects with India Exim

China-headquartered New Development Bank has reached out to India Exim Bank with an offer to co-finance trade infrastructure across the world.While India remains a...

06 May 2022
in
Telecoms and Communications

Obelix FTTH financing signed

The financing of the Obelix FTTH project has been signed, following the launch of syndication in March. The deal will support the acquisition of access rights for FTTH...

06 May 2022
in
Renewables

Matrix Renewables raises Spanish solar PV loan

Matrix Renewables has signed a long-term financing for a 129MW solar photovoltaic project in Almonte, Huelva, Spain. Natixis is lender for the €84 million certified...

06 May 2022
in
Renewables

1.2GW wind-solar hybrid awarded in SECI auction

Tata Power, Amp Energy, NTCP and AJVN have won tenders in Solar Energy Corporation of India’s (SECI) 1.2GW wind and solar hybrid auction.The 1.2GW interstate...

06 May 2022
in
Metals and Mining

EPA deals fresh blow to PolyMet’s $1bn copper-nickel mine

The US Environmental Protection Agency has dealt a fresh blow to PolyMet Mining’s plans to build an open pit copper-nickel mine in Minnesota, by recommending the US...

06 May 2022
in
Renewables

Encore Renewable Energy secures $20m senior loan

Vermont-based Lacuna Sustainable Investments and Javelin Capital have provided a $20 million strategic debt financing to Encore Renewable Energy. The senior loan retires...

06 May 2022
in
Transport

Proximo Weekly: Brazil street lighting – LED-ing the way in PPP

Brazil’s municipalities have made huge progress in procuring street lighting upgrades using PPP concessions. But project sponsors are only likely to need offshore capital...

06 May 2022
in
Renewables

Eurus Energy to take stake in $2bn Australian Hydro network

Japanese renewable developer Eurus Energy have signed an agreement with Australian advisory firm Energy Estate to take an investment stake in the $2 billion Hunter...

06 May 2022
in
Power

National Energy Commission postpones coal-fired power closure

Enel Generacion has been instructed by Chile's National Energy Commission to postpone the permanent closure of its Bocamina II thermo-electric power plant in the city...

06 May 2022
in
Metals and Mining

Black Rock raises A$25m for Mahenge project

Graphite developer Black Rock Mining will raise A$25 million (about $17.7 million) in a share placement to institutional and professional investors, to advance the...

06 May 2022
in
Oil & gas

Rangeland Energy secures $300 growth equity commitment

Texas-based Rangeland Energy has secured a $300 million growth equity commitment to fund the formation of a new entity, Rangeland Energy IV, from EnCap Flatrock...

05 May 2022
in
Power, Renewables

Origis Energy raises $375m for solar and energy storage projects

Origis Energy has closed a $375 million credit facility, which will form part of funding for its 20GW pipeline of solar and energy storage projects in the US. The...

05 May 2022

Proximo Europe: All roads lead to Lisbon

In light of issues such as current commodity price volatility and energy security concerns, the intersection between ECAs and project finance is greater than ever. In...

05 May 2022
in
Renewables

Shuaa 2 solar refinancing nearing close

The soft miniperm refinancing of Masdar and EDF Energie Nouvelles’ 800MW Shuaa 2 solar project in Dubai is nearing close.The scheme started operations at the end of...