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18 April 2024
in
Oil & gas

Exxon takes FID on $12.7bn Guyana Whiptail project

ExxonMobil is to proceed with a $12.7 billion deepwater oil project off the coast of Guyana. The project, named Whiptail, has received all necessary government and...

18 April 2024
in
Metals and Mining

Lithium Americas to raise $275m for Thacker Pass mine

Lithium Americas is to raise $275 million to accelerate construction and development of the Thacker Pass lithium project in Nevada.The company will sell 55 million shares...

18 April 2024
in
Renewables

Norwegian Hydrogen and Provaris expand partnership

Provaris Energy and Norwegian Hydrogen have signed a Collaboration Agreement to identify and develop several sites in the Nordic region for the large-scale production and...

18 April 2024
in
Power, Renewables, Social infrastructure, Telecoms and Communications

Proximocast: Industry News - 16 April

This week, Max is leading us through the top stories across project finance.AfDB seeks senior PPP consultant for infrastructure projectsAlternus and Acadia JV to develop...

18 April 2024
in
Power, Renewables

EIB's first Bhutan project will finance renewable power

The first EIB project in Bhutan will support new solar PV and hydropower schemes under the EU’s Global Gateway initiative.The 30-year loan for €150 million...

18 April 2024
in
Power

SSE Renewables confirms contractors for Yorkshire BESS

SSE Renewables has announced the principal contractor and battery supplier for the 320MW/640MWh battery storage project at Monk Fryston, North Yorkshire.Morrison Energy...

18 April 2024
in
Transport

Litoral Paulista road concession awarded

The Nova Litoral consortium has won the auction for the Litoral Paulista highway lot with a bid of 10.17% discount on annual state payments.The request for proposals set...

18 April 2024
in
Power

Arevon signs tolling agreement for Cormorant BESS

Arevon Energy has signed a long-term tolling agreement with electricity provider MCE for 188MW of the Cormorant Energy Storage Project. The project is a...

18 April 2024
in
Renewables

HHI MoU supports Scottish offshore supply chain

Scottish Government agencies and South Korea’s HD Hyundai Heavy Industries (HHI) have signed an agreement to explore opportunities linked to offshore wind.Scottish...

18 April 2024
in
Waste and water

SWPC plans 40 water PPPs

The Chief Transaction Officer of Saudi Water Partnership Company (SWPC) has revealed that the company has a portfolio of over 40 future water infrastructure...

18 April 2024
in
Transport

Edelweiss completes acquisition of L&T IDPL

Larsen & Toubro (L&T) has completed the divestment of the L&T Infrastructure Development Projects Limited (L&T IDPL) joint venture.L&T (51%) and the...

18 April 2024
in
Transport

MPTC offers to buy government share in CAVITEX

Metro Pacific Tollways Corp (MPTC) has offered to acquire the government’s remaining interest in the operations and maintenance of the Manila-Cavite Expressway...

18 April 2024
in
Transport

PennDOT opens for unsolicited P3 proposals

The Pennsylvania Department of Transportation (PennDOT) Office of Public-Private Partnerships (P3) is accepting unsolicited transportation proposals until April 30.During...

18 April 2024

Florida signs P3 bill into law

Florida Governor Ron DeSantis has signed the public-private partnership (P3) HB 781 bill into law with the legislation taking effect from July 1.The legislation allows...

18 April 2024
in
Renewables, Transport

ForeFront names new CEO

ForeFront Power has appointed Dr. Ruben R. Fontes as the new chief executive officer of its C&I solar and storage, asset management, and fleet electrification...

18 April 2024
in
Power, Renewables

Macquarie funds to buy over 17GW of green projects

Macquarie Green Energy and Climate Opportunities Fund is to acquire a portfolio of six solar, wind, energy storage and natural climate solutions investments.The portfolio...

18 April 2024
in
Transport

UKEF supports Nigerian ports modernisation projects

The Nigerian Ports Authority has agreed a $700 million Citibank loan backed by UKEF to rehabilitate the Apapa and Tin-Can Island ports, in Lagos. The NPA has also...

18 April 2024
in
Power

World Bank, AfDB unveil African electricity connection plan

The World Bank Group and AfDB Group are partnering on a project to provide at least 300 million people in Africa with electricity access by 2030.The World Bank will work...

18 April 2024
in
Waste and water

Hassyan IWP reaches financial close

Dubai Electricity and Water Authority (DEWA) and ACWA Power have reached financial close on the debt facilities signed in March for the 180 million imperial gallons per...

17 April 2024

Chevron launches Future Energy Fund III

US oil and gas producer Chevron has formed a third fund sized at $500 million to invest in renewable energy technology companies.Chevron’s corporate venture capital...