News
12 May 2026

Ethiopia agrees $14bn Ming Yang renewables investment

In:
Manufacturing & equipment, Power, Renewables
Region:
Middle East & Africa

The Ethiopian Investment Commission granted a licence to Ming Yang Smart Energy for an investment of over $14 billion in generation capacity and manufacturing.The Chinese company plans an initial $7.47 billion investment to develop 5.4GW of wind and 2.8GW of solar capacity across the South Omo, Afar...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like

Jabiru-1: Sky high disputes for satellite project finance
Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...

Crypto lenders and commercial banks move into GPUs
Perspective
21 May 2026

Crypto lenders and commercial banks move into GPUs

Private credit is losing its share of the AI computing market at both ends. Hyperscale credits are migrating to banks, and the lower-rated borrowers to decentralised finance.

Must See

Blue Energy: A novel take on SMR bankability
Video
23 February 2026

Blue Energy: A novel take on SMR bankability

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.

Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an ongoing lawsuit, in a dispute that features some uncomfortable truths about whether financial close is the last step in a financing.

Perspective
21 May 2026

Crypto lenders and commercial banks move into GPUs

Private credit is losing its share of the AI computing market at both ends. Hyperscale credits are migrating to banks, and the lower-rated borrowers to decentralised finance.

Events

Project Finance Training 2026 | Prague
Training course
Jun 8, 2026

Project Finance Training 2026 | Prague

The internationally acclaimed Project Finance Training, in partnership with CC Solutions, finds its home in Prague for 1 day

View more
Proximo Global 2026: Energy & Infrastructure Finance
Conference
Jun 9 - Jun 11, 2026

Proximo Global 2026: Energy & Infrastructure Finance

Financing the Future—With a Touch of Magic. Gather with 1,500 senior decision-makers shaping the future of export, project, and development finance—where global deal-origination begins.

View more
Request a trial