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24 November 2022
in
Metals and Mining

Korea Zinc and Trafigura in talks over smelter JV

Korea Zinc and Trafigura are in advanced talks to form a JV to build a nickel smelter as part of the Korean company's expansion in renewable energy, batteries and...

24 November 2022
in
Oil & gas, Power

Enel plans €21bn asset sale to cut debt

Enel plans asset sales worth €21 billion ($21.5 billion) to cut its debt pile and focus its transition to cleaner energy on six main markets in Europe and the...

24 November 2022
in
Renewables, Transport, Waste and water

Eurazeo achieves the first close of its infrastructure fund

Eurazeo’s Eurazeo Transition Infrastructure Fund (ETIF) has reached first close with €210 million ($217.2 million) commitments from EIF and institutional...

24 November 2022
in
Metals and Mining

Thor Mining signs farm-in agreement

Thor Mining has signed an A$8 million ($5.3 million) farm-in agreement for its Molyhil polumetallic project in Australia.The agreement was signed with Investigator...

24 November 2022
in
Renewables

$500m ADB loan to support Indonesia's energy sector, green recovery

ADB has approved a $500 million loan to support Indonesia’s energy sector reforms to boost fiscal sustainability and governance, expand private sector investments...

24 November 2022
in
Transport

EBRD lends €43m to modernise Serbia Cargo’s rail fleet

EBRD is stepping up its support for Serbia’s rail sector by extending a €43 million loan to Serbia Cargo to finance its freight fleet modernisation.The Serbian...

24 November 2022
in
Oil & gas

Saudi Aramco dishes out new procurements worth $11bn

Saudi Aramco has inked 59 corporate procurement agreements valued at $11 billion with up to 51 domestic and international manufacturers, including Baker Hughes, Cameron...

24 November 2022
in
Transport

BNDES publishes public notice for highways in Minas Gerais

BNDES has published a public notice for the Highway Concessions Program for Minas Gerais.Concessions total 432.88km of roads located between Sao Sebastiao do...

24 November 2022
in
Metals and Mining

FID announced for Lance projects

Peninsula Energy has completed a positive FID to restart uranium production operations at the company’s Lance projects in Wyoming.Lance holds a JORC resource of...

24 November 2022
in
Power

Proximo Weekly: What ETMs can and can’t do for coal retirements

The recent ACEN ETM to retire the South Luzon coal-fired plant early attracted some controversy over its use of the ETM moniker. But the deal is more promising than was...

24 November 2022
in
Power, Renewables

AMEA Power to expand Togo solar PV plant to 70 MW

Dubai-based AMEA Power has unveiled plans to expand the Mohammed Bin Zayed Solar Power Plant, in Togo, from 50MW to 70MW - making it the largest solar PV plant in West...

23 November 2022
in
Transport

JFK Terminal 6 debt in syndication

The project financing of the c.$4 billion JFK Airport Terminal 6 re-development project in New York is in syndication, according to sources close to the transaction. The...

23 November 2022
in
Power

Trumbull CCGT project financing signed

Clean Energy Future (CEF) has signed the debt backing the $1.3 billion 950MW Trumbull CCGT project in Lordstown, Ohio.CEF is developing the project on behalf of sponsors...

23 November 2022
in
Power, Renewables

VNG and Total Eren plan green hydrogen imports

German gas company VNG and Total Eren have entered a cooperation agreement for the development of green ammonia imports in Europe. Green hydrogen in the form of...

23 November 2022
in
Power

Diabolo Canyon chosen for Civil Nuclear Credit funding

The US Department of Energy (DOE) has selected the Diablo Canyon Power Plant to receive the first round of funding from the Civil Nuclear Credit (CNC)...

23 November 2022
in
Power

Swell raises $120m for battery VPPs

Swell Energy has raised $120 million to accelerate its deployment of energy storage systems located at homes and businesses across the United States. The company is...

23 November 2022
in
Power, Renewables

ReNu signs MoU for Indonesian green hydrogen project

ReNu Energy and its subsidiary Countrywide Hydrogen have signed a MoU with developer Anantara Energy to collaborate on a green hydrogen facility in Indonesia.The...

23 November 2022
in
Waste and water

Qatar’s first sewage treatment PPP progressing

Financing of the $730 million 150,000-cubic-metres-per-day Al Wakrah and Al Wukair sewage treatment project in Qatar is expected to close in December or January.Following...

23 November 2022
in
Metals and Mining

Glencore sells Cobar copper mine in $1.1bn deal

Glencore has agreed to an amended agreement from Metal Acquisition to buy Cobar copper mine in Australia in a deal valued at $1.1 billion.The terms of the deal include...

23 November 2022
in
Renewables

Masdar to develop 100MW solar project in Turkmenistan

Masdar has signed a joint development agreement (JDA) with state-owned Turkmenenergo State Power Corporation to develop a 100MW solar project in Turkmenistan.The...