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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...

02 May 2023
in
Oil & gas

Tullow signs swap agreement with Perenco to optimise Gabon portfolio

Tullow Oil has announced that, via its subsidiary, Tullow Oil Gabon, it has signed an asset swap agreement with Perenco Oil and Gas Gabon.The agreement is intended to...

28 April 2023
in
Power, Renewables, Social infrastructure, Transport

Make the most of IIJA and IRA funding for infrastructure development

Two recent blockbuster bills promise to hugely increase the funding available to US infrastructure developers. Paying careful attention to structuring and to development...

27 April 2023
in
Transport

Egypt approves €250m loan with AFD

Egypt has approved a €250 million ($275.6 million) loan agreement from the French Development Agency AFD to construct the Abu Qir metro project in Alexandria.The Abu...

26 April 2023
in
Metals and Mining

KGL Resources to progress Jervois copper project

KHL Resources has raised A$20 million ($13.3 million) to fund resource expansion and project development at its Jervois copper project in Australia.The company has...

24 April 2023
in
Renewables

UPNEDA tenders 150MW of solar under PM-KUSUM

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids for setting up 150MW of grid-connected solar power projects.The projects will be...

21 April 2023
in
Transport

Canada approves Roberts Bank Terminal 2 project

The Government of Canada has decided the Roberts Bank Terminal 2 Project can proceed subject to 370 legally binding conditions to protect the environment. The...

18 April 2023
in
Renewables

MaxSolar wins 100MW in German solar auction

The Greenvolt group’s subsidiary MaxSolar has been awarded the right to develop about 100MW in projects in the recent German solar auction.The capacity represents...

18 April 2023
in
Metals and Mining

Chile moves ahead with public-private lithium model via Codelco

Chilean state-owned copper companies Codelco and Enami are holding talks with private-sector firms to develop lithium deposits in a country that holds the world’s...

18 April 2023
in
Power, Renewables, Social infrastructure, Transport

Proximocast: Industry news - 18 April

Proximo's content manager, Max Kallmeier, brings you some of the latest and most exciting stories in the world of project finance brought to you by our amazing team...

12 April 2023
in
Metals and Mining

Nouveau Monde raises $22m

Nouveau Monde has entered into an agreement with a syndicate of underwriters led by BMO Capital and Cormark under which the underwriters bought 4,850,000 common...

03 April 2023
in
Renewables

SECI tenders 2GW of ISTS-connected solar

The Solar Energy Corporation of India (SECI) has issued a tender for setting up 2GW of inter-state transmission system-connected solar power projects in India.Bidders are...

03 April 2023
in
Power, Renewables

EC approves Italian green hydrogen support scheme

The European Commission has approved a €450 million ($490 million) Italian renewable hydrogen production scheme to support the transition to a climate-neutral...

29 March 2023
in
Renewables

BNetzA sets new value for innovation tenders

The Federal Network Agency has set the maximum value for the innovation tenders that will be carried out over the next twelve months at €0.0918 ($0.099) per kWh...

27 March 2023
in
Power

EC approves Romanian energy storage scheme

The European Commission has approved a €103 million ($111 million) Romanian scheme to support the construction of electricity storage facilities. The measure...

23 March 2023
in
Renewables

Foss & Co provides tax equity for Project Beech

Foss & Company has closed on a $130 million tax equity investment with Birch Creek Energy for the 258MW Project Beech solar project in Pecos County, Texas.Max...

22 March 2023
in
Renewables

Catalyst Power forms strategic partnership with JCD Solar

Catalyst Power Holdings and JCD Solar Consulting have finalised a strategic partnership to maximise marketing, aggregation, and servicing for US community solar...

17 March 2023
in
Power, Renewables

EU outlines plans for a European Hydrogen Bank

The European Commission has set out new plans to stimulate and support investment in sustainable hydrogen production through a European Hydrogen Bank (EHB). This...

13 March 2023
in
Renewables

Germany opens consultation on solar strategy

Germany's economy and climate protection ministry has presented a strategy for the large-scale development of solar capacity across the country.Germany reached a...

13 March 2023
in
Metals and Mining

Metro Mining secures $30m for Bauxite Hills expansion

Metro Mining has signed a $30 million loan deal with Nebari Natural Resources Credit Fund I and Nebari Natural Resources Credit Fund II.Proceeds will fund the expansion...