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17 February 2021
in
MFI/DFI, Transport

JICA agrees $37m to finance Ugandan road upgrade project

The Japan International Cooperation Agency (JICA) has approved funding of $37 million to finance the Yumbe-Manibe road upgrade project in Uganda.The project will mainly...

17 February 2021
in
Mining, Oil & gas, Power, Renewables

Galena Mining executes hybrid PPA for Abra Base Metals Project

Abra Mining Pty Limited - majority owned by Australia's Galena Mining - has executed a Power Purchase Agreement with Contract Power Australia Pty.Under the terms of...

17 February 2021
in
Mining

Ionic raises cash for Ugandan project

ASX-listed Ionic Rare Earths will raise A$12 million (about $9.3 million) in a share placement, priced at 4c each to both new and existing institutional shareholders.The...

17 February 2021
in
Mining

Barrick sells Lagunas Norte mine in Peru to Boroo

Toronto-headquartered Barrick Gold has agreed to sell its 100% interest in the Lagunas Norte mine, in Peru, to Boroo Pte for a total consideration of up to $81 million....

17 February 2021
in
Mining

Cornish Metals closes £8.2m financing, starts trading on AIM

Cornish Metals has officially began trading on London’s AIM market, and has closed an £8.2 million equity financing. Its shares will continue to be listed on...

17 February 2021
in
MFI/DFI, Social infrastructure

Afreximbank agrees funds for Angolan drinking water supply project

Afreximbank has announced an investment of $1.3 billion to support projects in Angola.These funds will be invested in priority projects for the country, notably the...

16 February 2021
in
Mining

Ivanplats arranging Platreef project financing of up to $420m

Ivanplats, the South African subsidiary of Ivanhoe Mines, has signed a non-binding term sheet with Orion Mine Finance for a $300 million gold, palladium and platinum...

16 February 2021

UK sets up green finance research organisation

The UK government is investing £10 million ($13.5 million) to set up a green finance research organisation that will allow financial institutions to access...

16 February 2021
in
Renewables

Matrix to invest in 3 Spanish solar projects

Asset manager TPG's renewable energy platform Matrix Renewables has entered into an agreement to invest in an initial 150MW of solar projects being developed by...

16 February 2021
in
Renewables

EDP to install rooftop solar at Spanish Burger Kings

EDP has entered into an agreement with Burger King to install solar at 300 restaurants in Spain. The programme will be developed throughout the year at existing...

16 February 2021
in
Renewables

Engie signs PPA with Orange for new French solar projects

Orange has signed a 15-year PPA with Engie for 51MW of capacity from two new solar projects in France's Hautes-Alpes region. The projects are scheduled to be...

16 February 2021
in
Power

Power Grid to buy out JV partner in hydro transmission project

The Board of state-owned Power Grid Corporation of India has approved a proposal to acquire the 74% stake of joint venture partner Jaiprakash Power in Jaypee POWERGRID...

16 February 2021
in
Mining

Northern Minerals to raise Browns Range Project funds through placement

Northern Minerals has entered into subscription agreements with various sophisticated and institutional investors in Australia, the US and Europe to raise A$20 million...

16 February 2021
in
Telecoms & communications

Cordiant raises £370m from IPO for digital investments

Cordiant Digital Infrastructure Limited has raised gross proceeds of £370 million ($510 million) through its Initial Public Offering (IPO). The company will target...

16 February 2021
in
Renewables

Longroad acquires projects in Arizona from First Solar

Longroad Energy Holdings has signed agreements to acquire 900MW of solar capacity and a potential 1-2 GWh of battery storage in Arizona from First Solar. Longroad closed...

16 February 2021
in
Power

Engie to operate new CHP plant at Howard University

Engie North America has executed a 20-year agreement for the design, construction, operation, and maintenance of a new central utility plant at Howard University's...

16 February 2021
in
ECA, MFI/DFI, Power, Renewables

ACWA progresses Uzbek wind and CCGT financings

ACWA Power has signed US dollar-denominated 25-year PPAs for its Bukhara and Navoi wind farms in Uzbekistan. Financial close on the DFI-backed debt package funding the...

16 February 2021
in
MFI/DFI, Social infrastructure

AfDB debars Global Interjapan (Kenya) Limited for 36 months

The African Development Bank has debarred Global Interjapan (Kenya) Limited for 36 months, with effect from 24 August, 2020.An investigation conducted by the bank’s...

16 February 2021
in
Mining

Endeavour Mining seals deal for Teranga Gold

Endeavour Mining has completed the acquisition of Canada's Teranga Gold Corporation.Shareholders of Teranga received 0.47 of an Endeavour ordinary share for each...

16 February 2021
in
MFI/DFI, Transport

ARENA launches BEV grant funding

The Australian Renewable Energy Agency (ARENA) has launched the A$71.9 million ($56 million) Future Fuels Fund, on behalf of the Australian Government, to address...