NEP and NZT Power: A global debut for CCS project financings
The UK's framework for supporting carbon capture projects has been over a decade in the making, but has finally led to a successful project financing for the NEP and NZT Power projects. The model makes the projects bankable, while still requiring lenders to take on the technology risk associated... More
Podcast: Harding on Trump, tariffs and trade wars
Proximo spoke with Dr. Rebecca Harding, an independent trade economist and founder of strategic advisory business, Rebeccanomics to discuss how Trump’s renewed trade wars, from his tariffs to the reimposition of sanctions, will impact trade flows and the global economy. More
Seabridge Gold secures $100m for KSM Project
Seabridge Gold (SEA) has entered into a bought-deal financing and a separate agreement for a total of $100 million for its KSM Project in British Columbia. RBC Capital Markets and Cantor Fitzgerald Canada Corp are the co-lead underwriters and joint book runners on behalf of a syndicate of... More
PATRIZIA opens Abu Dhabi office
PATRIZIA has opened an office in Abu Dhabi following receipt of the Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM).The FSP allows the company to arrange and advise on investments. The Abu Dhabi office becomes PATRIZIA’s 26th global location and the regional... More
Patrizia and Mitsui invest in new Philippine parking firm
PATRIZIA and Mitsui & Co, on behalf of the APAC Sustainable Infrastructure Fund (A-SIF), have completed a majority investment into Parkwise Inc.Parkwise is a new business developing modern parking facilities co-located at healthcare, education and transport precincts in major cities across the... More
Siemens Gamesa expands Le Havre blade production
Siemens Gamesa has announced a €200 million ($208 million) investment to expand its offshore wind blade manufacturing facility in Le Havre, northern France. The upgraded facility will focus on producing 115 metre blades designed for 14MW offshore wind turbines. Construction is expected to... More
KKR to buy extra 5% interest in Enilive
KKR has entered an agreement to acquire an additional 5% stake in Italian energy major Eni’s biofuel business, Enilive, for €587.5 million ($613 million).The additional acquisition will take KKR’s total interest in Enilive to 30%. KKR had acquired its initial 25% stake in October... More
Meridian to acquire NZ Windfarms
Meridian Energy has entered into an agreement to acquire all of the shares in NZ Windfarms Limited (NZWF) via a court-approved Scheme of Arrangement. The share price that Meridian will pay corresponds to an equity value for NZWF of NZ$91 million ($52 million). The two companies are already... More
UK launches consultation on railway overhaul
The UK Government has launched a consultation on previously announced plans for a major overhaul of Britain’s railways, including setting up a new passenger watchdog. The overhaul will establish Great British Railways (GBR), a new body that will manage rail infrastructure and train... More
Latest contracts closed by EPC contractors
| Name | Date | Country | Sector |
|---|---|---|---|
| BAM to deliver 140 miles of high-speed rail infrastructure for HS2 | 05/12/2024 | United Kingdom | Rail |
| Fluor Awarded Contract for Front-End Engineering and Design of Carbon Capture and Storage Solution at Heidelberg Materials Facility in Germany | 04/12/2024 | Germany | Infrastructure (other) |
| Fluor Awarded Contract for Next Phase of Engineering and Design for Small Modular Reactor Power Plant in Romania | 29/07/2024 | Romania | Nuclear |
| TechnipFMC Awarded Large iEPCI™ Contract for Energean’s Katlan Development | 18/07/2024 | Israel | Oil - Upstream (Exploration and production) |
| Sempra Infrastructure Announces EPC Contract with Bechtel for Port Arthur LNG Phase 2 | 18/07/2024 | United States | LNG |
Cheshire East seeks partner for EV chargepoint concession
The Cheshire East Borough Council has issued a tender notice for a strategic partner to install, maintain and operate electric vehicle chargepoints across the borough.The 15-year concession contract with the Authority will begin on June 1 2025 and will utilise local electric vehicle infrastructure... More
Exile Intelligence Day
London, United Kingdom
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Vietnam approves energy transition plan
Vietnam’s Prime Minister has signed a decision approving a comprehensive implementation plan for the Global Coal-to-Clean Energy Transition Statement. The initiative reaffirms Vietnam’s commitment to low-carbon development and its goal of achieving net-zero emissions by 2050. The... More
Refinancing pipeline
| Project name | Cost in $m | Country | Sector | Development stage |
|---|---|---|---|---|
| Maple Flats PV Solar Project | 406 | United States | PV solar | In construction |
| Grand Bahama International Airport Redevelopment Project | 1,000 | Bahamas | Airport | In construction |
| Guercif-Nador Highway Project | 268 | Morocco | Road | In construction |
| Pecem Port Industrial Complex | 86 | Brazil | Port | In construction |
| GMP Port Project | 729 | France | Port | In construction |
Innergex receives final tax equity for Boswell Springs
Innergex Renewable Energy (INE) has received the final tax equity funding for the Boswell Springs wind farm in Wyoming, which began full operation at the end of 2024.The $338.3 million tax equity investment was used to repay the existing tax equity bridge loan, and the corporation has also concluded... More
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Americas 2025: Agency, Energy & Infrastructure Finance
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