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04 October 2021
in
Oil & gas

Petrobras confirms bids for Albacora fields could hit $4bn

Brazilian oil and gas company Petrobras has confirmed it has received bids for its Albacora and Albacora Leste offshore fields which could "exceed $4 billion for...

04 October 2021
in
Manufacturing & equipment, Social infrastructure

SCA seals €300m from EIB for papermaking 4.0 at Obbola

Svenska Cellulosa AB (SCA) - a Swedish timber, pulp and paper manufacturer - will borrow €300 million ($348 million) from the European Investment Bank to modernise...

01 October 2021
in
Transport

Alstom wins Taipei Circular Line contract

An Alstom-led consortium with Taiwanese engineering company CTCI has been awarded a €720 million contract to provide its state-of-the-art integrated metro system for...

01 October 2021
in
Transport

Alliant joins Midwest EV charging network collaboration

Alliant Energy has signed an agreement to join an Ameren-led collaboration to support a network of EV charging stations in the Midwest. Alliant joins Ameren Missouri,...

01 October 2021
in
Oil & gas

DME and Earl Resources plan salt cavern storage

Desert Mountain Energy (DME) has entered into a joint venture agreement with Earl Resources to develop opportunities for hydrogen and compressed air storage in domal salt...

01 October 2021
in
Renewables

DORE to raise £25m to fund pipeline

Downing Renewables & Infrastructure Trust (DORE) is proposing to raise up to £25 million ($33 million) to fund the acquisition of a pipeline of...

01 October 2021
in
Power, Renewables

ESS agrees framework for battery supply with SB Energy

Battery manufacturer ESS has entered into a framework agreement with SB Energy to deploy 2GWh of its batteries through 2026. The first system has already been delivered...

01 October 2021
in
Transport

President approves privatisation of Belo Horizonte metro

Brazil's President Jair Bolsonaro has approved a bill for a BRL2.8 billion ($520 million) funding contribution by the federal government towards the extension of line...

01 October 2021

Seyfi Can Kandemir joins Morgan Lewis

Morgan Lewis has hired Seyfi Can Kandemir as a partner in the firm's London office. Kandemir joins Morgan Lewis from White & Case and will be part of the global...

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...

01 October 2021
in
Transport

AIIB agrees $356m loan for Chennai metro expansion

The Asian Infrastructure Investment Bank has approved a $356.67 million loan to the Government of India to support the expansion of the Chennai metro rail...

01 October 2021
in
Power, Renewables

Peninsula enters PPA for 102MW Chaparral solar and battery project

Community Choice Aggregation agency Peninsula Clean Energy has signed a 15-year PPA for supply from Leeward Renewable Energy's 102MW Chaparral Solar Facility in Kern...

01 October 2021
in
Renewables

BOEM opens consultation for 2 Atlantic Shores offshore wind projects

The Bureau of Ocean Energy Management (BOEM) has published a notice of intent to prepare an environmental impact statement (EIS) for two proposed wind energy development...

01 October 2021

HICL names successor to Ian Russell as Chair

HICL Infrastructure, the London-listed infrastructure investment company managed by InfraRed Capital Partners, has confirmed current non-executive Director Mike Bane as...

01 October 2021
in
Renewables

GIG acquires Swedish offshore wind development project

Green Investment Group (GIG) has acquired the rights from Agrivind AB for the 260MW Kattegatt Offshore Wind Farm, located off the coast of the Falkenberg municipality,...

01 October 2021
in
Power

WattBridge starts construction of Brazoria County peaker

WattBridge Energy has started construction of the 288MW Mark One peaking power project in Brazoria County, Texas. It is the company's fourth peak-power installation...

01 October 2021
in
Power, Renewables

Gore Street Energy Storage raises £73m from placement

Gore Street Energy Storage Fund has raised £73.6 million ($100 million) from a share placement. The capital raise was oversubscribed and a scaling back exercise...

01 October 2021
in
Renewables

Falck and BlueFloat target Italian floating offshore wind

Falck Renewables and BlueFloat Energy are partnering on the development of floating offshore wind projects off the Italian coast. The companies are near to starting the...

01 October 2021
in
Power

Boa Vista-Manaus power line gets licence

Brazil's President Jair Bolsonaro has confirmed that a new 715km power transmission line linking the cities of Boa Vista and Manaus in the northern region...

01 October 2021
in
Power

NSW approves section of EnergyConnect transmission project

New South Wales (NSW) has approved the 120km section of the EnergyConnect project from the state border to Buronga, enabling direct transmission between South Australia...