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30 April 2024
in
Renewables

First Gippsland offshore wind feasibility licenses awarded

Australia’s first round of feasibility licences to offshore wind projects, proposed for development off the coast of Gippsland in Victoria, have been awarded.Six...

30 April 2024
in
Renewables

Pine Gate Renewables receives $650m investment

Pine Gate Renewables has received a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP), and HESTA. The investment will help to...

30 April 2024
in
Renewables

Private sector solar PV project in Bangladesh signs ADB financing

ADB has signed a $121.55 million financing package for Dynamic Sun Energy to build and operate a 100MW grid-connected solar PV power plant in Pabna, Bangladesh.The...

30 April 2024
in
Renewables

energyRe closes financing for solar and BESS project

energyRe has reached financial close on a project financing for its 108MWdc solar and 198MWh BESS Lone Star project in South Carolina. The $155 million financing includes...

30 April 2024
in
Metals and Mining

Peak Rare Earths secures financing interest for Ngualla project

Peak Rare Earths has received indicative, non-binding EoI from a combination of ECAs, African DFIs, and commercial banks as part of its project financing process for the...

30 April 2024
in
Renewables

ACWA looking to expand into Malaysia

ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects in collaboration with Cypark Resources....

30 April 2024
in
Transport

BII supports Indian EV charging network expansion

Indian EV charging network group ChargeZone has secured a $19 million commitment from BII.The company will use the funds to expedite the expansion of its high-speed...

30 April 2024

Proximocast: Industry News - 30 April

This week, Azeem highlights some of the biggest industry moves over the last few weeks. Plus, don't forget to check out the Project finance full year data report...

30 April 2024
in
Renewables

Netherlands postpones offshore wind target

The Netherlands has postponed its target of reaching 21GW of offshore wind capacity by 2031 to 2032. The amount of time typically needed for offshore wind projects to...

30 April 2024
in
Renewables

RWE receives Eemshydrogen project grant

RWE has received a funding commitment of €124.9 million (about $134 million) by Netherlands Agency Enterprise (RVO) for its Eemshydrogen project in the northern...

30 April 2024
in
Renewables

Geretsried geothermal project secures ECA-backed financing

Eavor Erdwarme Geretsried, a joint venture between Eavor (60%) and Chubu Electric (40%), has secured a €131 million ($140.3 million) project finance facility for the...

30 April 2024
in
Renewables

Further details on Baltic Eagle financing

Additional information has come to light regarding the debt financing for Masdar’s 49% share in the 476MW Baltic Eagle wind farm, which is due to be located off the...

30 April 2024
in
Power

Akaysha signs BES portfolio financing

BlackRock-owned Akaysha Energy has raised a A$250 million three-year portfolio financing from seven banks to finance its Ulinda Park and Brendale battery energy storage...

30 April 2024
in
Telecoms and Communications

Proximocast: 20 minutes with Ted Schremp, IQ Fiber

Proximo talks to Ted Schremp, founder and CEO of IQ Fiber, about the US fibre market, discussing topics such as the level of fibre penetration in the US, the competitive...

30 April 2024
in
Renewables

Oman reaches green hydrogen target with new project deals

Hydrom has reached its goal of delivering over 1 mtpa of renewable hydrogen with the signing of two projects in Dhofar worth $11 billion. With these two new agreements,...

30 April 2024

IRS opens second round For Advanced Energy Tax Credit

The IRS has issued additional information about the second allocation round under the Qualifying Advanced Energy Project Tax Credit program.The program, which was...

30 April 2024
in
Renewables

Petrobras evaluating offshore wind pilot project

Petrobras has signed an agreement to conduct a feasibility study for a pilot offshore wind project with the government of Rio Grande do Norte state.The MoU foresees that...

30 April 2024
in
Renewables

Mosman gets approval for Amadeus project

Mosman Oil and Gas has received final government approval for its EP 145 farm-in deal, effectively greenlighting its helium and hydrogen project in Australia’s...

30 April 2024
in
Renewables

FuelCell closes on project debt facility

FuelCell Energy has closed on a project financing with Liberty Bank and Connecticut Green Bank for two recently commissioned fuel cell projects in Derby, Connecticut.The...

30 April 2024

Vauban appoints CIO

Vauban Infrastructure Partners has appointed Christoph Bruguier to the newly created position of chief investment officer (CIO).Since joining Vauban Infrastructure...