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01 May 2024
in
Oil & gas, Power

National Grid launches Great Grid Partnership with 7 partners

National Grid has launched the Great Grid Partnership to boost the UK supply chain.The company has named the seven partners which will support the delivery of an initial...

26 April 2024
in
Oil & gas

Tokyo Gas sells interests in 4 Australian LNG projects

Tokyo Gas has sold minority interests in four LNG projects off the coast of Australia.EIG-managed MidOcean Energy acquired interests in the Gorgon, Queensland Curtis, and...

23 April 2024
in
Renewables

Planning submitted for Y Bryn Wind Farm

The planning application for Y Bryn Wind Farm has been submitted to and accepted for examination by Planning and Environment Decisions Wales.The 130MW 18-turbine wind...

23 April 2024
in
Manufacturing & equipment, Other, Renewables, Transport

Proximocast: Industry News - 23 April

Welcome to this week's episode, where Naomi brings you the top stories across project and infrastructure finance.Australia farmers challenge Glencore CCS plansBECIS...

11 April 2024

Addleshaw Goddard hires KWM team for new Madrid office

Addleshaw Goddard is launching a new Madrid office with the arrival of over 60 lawyers from King & Wood Mallesons in May.The office will be staffed by 13 partners and...

04 April 2024

Pinsent Masons announces promotions

International law firm Pinsent Masons has announced the promotion of 22 lawyers to the partnership, effective May 1. The promotions include Yong Neng Chan,...

28 March 2024
in
Power

Construction begins on Templers battery

Sungrow, a PV inverter and energy storage system supplier, has received the Notice to Proceed (NTP) from ZEN Energy for the Templers BESS project in South Australia.The...

28 March 2024
in
Oil & gas

MidOcean Energy completes acquisition of Tokyo Gas' interests in Australian LNG projects

MidOcean Energy has finalised its deal to acquire a portfolio of integrated LNG projects in Australia from Tokyo Gas. The acquisition encompasses Tokyo Gas' interests...

27 March 2024
in
Renewables

USCIS approves EB-5 investments for Aemetis projects

US Citizenship and Immigration Services (USCIS) has approved $200 million under the EB-5 programme for renewable fuels and gas projects by Aemetis (AMTX).The two primary...

26 March 2024
in
Oil & gas

JBIC finances JERA's stake in Scarborough gas field

JBIC will provide a loan of up to $831 million to JERA Scarborough to fund its 15.1% interest in the Scarborough gas field. The loan will be co-financed with private...

26 March 2024
in
Oil & gas

Woodside completes sale of 10% Scarborough interest

Woodside Energy has completed the sale of a 10% nonoperating participating interest in the Scarborough JV to LJ Scarborough (LNG Japan). Woodside received $910 million...

21 March 2024
in
Metals and Mining

US Ex-Im issues $250m LoI for Caldeira rare earth project

US Ex-Im has issued a letter of interest (LoI) to provide up to $250 million in funding for Meteoric Resources' Caldeira Rare Earth Ionic Clay Project, in the...

21 March 2024
in
Renewables

ExxonMobil won’t proceed with hydrogen project without IRA tax credits

ExxonMobil won’t move forward with one of the world’s largest, low-carbon hydrogen projects if the Biden administration withholds tax incentives for natural...

21 March 2024
in
Power, Renewables

Proximocast: Industry News - 20 March

This week, Naomi led us through Proximo's top stories across project & infrastructure finance:Syrah to raise A$98m for Mozambique, US projectsFurther details on...

19 March 2024
in
Renewables

Global wind turbine orders reach 155GW in 2023

Global wind turbine orders in 2023 reached new highs with 155GW procured, including 100GW by the Chinese market.Total orders were a 16GW increase on 2022 with annual...

18 March 2024
in
Power

NZT selects contractors for £4bn project

Net Zero Teesside Power and Northern Endurance Partnership have selected contractors for £4 billion ($5 billion) of engineering, procurement, and construction...

14 March 2024
in
Renewables

Pellet producer Enviva files for Chapter 11

US wood pellet producer Enviva has filed a voluntary Chapter 11 bankruptcy petition with the U.S. Bankruptcy Court for the Easter District of Virginia.The company...

06 March 2024
in
Oil & gas

Woodfibre LNG project debt signed

Woodfibre LNG – a joint venture between Pacific Energy Corporation (70%) and Enbridge (30%) – has signed on the debt financing for its $5.1 billion 2.1 mtpa...

04 March 2024
in
Power, Renewables

SSE confirms onshore connection for Dogger Bank D

SSE and Equinor have scrapped plans to power green hydrogen production from the Dogger Bank D offshore wind farm, 100km off north-east England.Green hydrogen production...

27 February 2024
in
Power, Renewables, Social infrastructure

Proximocast: Industry News - 26 February

This week, Naomi goes through the top stories across project and infrastructure finance.Proximo's top stories this week:Financial close for 1.8GW MBR Phase 6EWEC...