In depth
16 January 2025

Can microgrids help to meet rising US energy demand?

In a guest article for Proximo, Neha Jatar, a managing director at EQT Group, examines the growth of microgrids in the US and the role the microgrid sector could play in addressing present and future US energy needs. More

In depth
16 January 2025

Proximocast: New Year Trends 2025

Proximo talks to a panel of industry experts about the top project finance trends from 2024 and what those trends might mean for the market in 2025. Speakers include Ian Cogswell, a senior adviser at Portland Advisers; Jonathan Yellen, an investment director at Climate Investment; and Michael... More

News
17 January 2025

Glasfaser Nordwest secures additional €600m

A banking syndicate is providing additional finance for Glasfaser Nordwest’s fibre optic network expansion in northwestern Germany.The additional financing is provided by a €600 million ($618 million) accordion facility from a banking syndicate consisting of ABN AMRO, BayernLB, BNP... More

News
17 January 2025

Louisiana’s broadband proposal approved for BEAD funding

National Telecommunications and Information Administration (NTIA) has approved Louisiana’s Final Proposal for $1,355 million in BEAD funding.Louisiana’s Final Proposal outlines its plan for using the Broadband Equity, Access, and Deployment (BEAD) programme funding to connect 140,030... More

News
17 January 2025

Caeli Wind seeks investors for fully permitted project

Developer Caeli Wind is seeking investors to fund construction of a 212MW wind farm complex in Germany.The 32-turbine Everest project in North Rhine-Westphalia is permitted under the Federal Emission Control Act (BImSchG) and includes community agreements and EPC contracts with Enercon and Vestas.... More

News
17 January 2025

Construction planned for Swedish biogas project

Eskilstuna Biogas AB is planning to begin construction of a 70GWh biogas project located just outside of the Swedish city of Eskilstuna in Södermanland County. The project has the capacity for processing of up to 150,000 tons per year of locally sourced agricultural waste and food waste to... More

News
17 January 2025

Infranity to acquire majority in Nordic locomotive lessor

Infranity has reached an agreement to acquire a majority stake in Scandinavian locomotives lessor Nordic Re-Finance AB (NRF). Over the past 15 years, NRF has assembled the largest fleet of mid-life locomotives in the Nordics to support freight transportation. The company also has a substantial... More

News
17 January 2025

JLL arranges $1.2bn for The BlackChamber Group in 2024

JLL's Capital Markets group has arranged over $1.2 billion in construction financing throughout 2024 on behalf of The BlackChamber Group.The financings will facilitate the development of four hyperscale powered shell campuses located across Northern Virginia collectively totalling over 740MW of... More

News
17 January 2025

Financial close for Belgium BESS project

Energy Solutions Group has financed its first large-scale battery energy storage system in Harmignies, part of the municipality of Mons in Belgium. The BESS project is located on an industrial site next to an ELIA high-voltage substation. The project is currently under construction and can... More

Data and research

Recently closed deals

Deal name Cost in $m Country Sector
Hornsea 1 & 2, Walney Extension and Burbo Bank Extension Offshore Wind - Acquisition Financing 1,629 United Kingdom Offshore wind
Peregrine's U.S. BESS Portfolio - Financing 179 United States Battery storage
150MW Papago PV Solar Project - Financing 246 United States PV solar
Aspen US Distributed Generation Solar Portfolio - Financing 142 United States PV solar
NextEra Hudson Falls Renewables Portfolio - Financing 1,000 United States Renewables (other)
News
17 January 2025

Moment Energy raises Series A funding for battery repurposing scheme

EV battery repurposing firm Moment Energy has closed a $15 million Series A funding round, co-led by the Amazon Climate Pledge Fund and Voyager Ventures.Moment Energy is planning a manufacturing facility to produce Battery Energy Storage Systems (BESS) from repurposed EV batteries. The storage... More

Event
Mar 31 - Apr 2, 2025

Americas 2025: Agency, Energy & Infrastructure Finance

EAST Miami Brickell, Florida

Get ready to spice up your pipeline - join us in Miami to blaze a trail with the biggest dealmakers in the industry.

Full details
News
17 January 2025

Investment process for two Nepalese hydro projects halted

Vidhyut Utpadan Company Limited has cancelled the investment process for two major hydropower projects with an estimated cost of NPR553.80 billion ($4 billion).The process, initiated in December 2023, was terminated by a decision made during the company’s board meeting on Thursday. The... More

News
17 January 2025

DOE makes $22.9bn of conditional loan guarantee commitments

The Department of Energy’s Loan Programs Office (LPO) has announced eight conditional loan guarantee commitments totalling $22.9 billionThe commitments are made through the LPO’s Title 17 Energy Infrastructure Reinvestment (EIR) programme and support transmission, clean generation,... More