Dominion Energy (D) has provided an update on its 2.6GW Coastal Virginia Offshore Wind (CVOW) project located 43km off the coast of Virginia Beach, Virginia.Construction...
Fingrid has purchased a section of the transmission line completed last year between Alajarvi and Lestijarvi from Lestijarven sahkoverkko Oy. The 55km section of the...
Four more major renewable energy projects in Australia have joined the approval process under the Environment Protection and Biodiversity Conservation Act (EPBC).Westwind...
Edge data centre operator DataBank has announced a $250 million equity investment from TJC and a $600 million secondary share offering. The new funding resulted from...
Ampyr Australia plans to fast track the development of a 500MW/1,000MWh battery energy storage system in New South Wales after buying out former partner Shell...
The German Federal Maritime and Hydrographic Agency (BSH) has issued the planning approval decision for construction and operation of Iberdrola’s Windanker wind...
Boldyn Networks US has completed a $1.2 billion debt financing to accelerate its capital investment to expand its footprint throughout the US market. Boldyn is...
Joint venture partners SSE and APG, on behalf of Dutch pension fund ABP, have signed a realisation agreement with Dutch transmission system operator TenneT. The...
Teset Capital has reached an investment agreement with Valencia Digital Port Connect (VDPC) to support the development of the Barracuda Project.The €100 million...
Dentons has announced the addition of two new partners in its Australian offices in Melbourne and Sydney.Matt Coleman joins the Melbourne Infrastructure, Energy and Major...
Orange Romania has signed a new 10-year virtual PPA with ENGIE, covering 40GWh of Orange’s annual electricity needs.The green power will be supplied by a wind farm...
Renewable Power Capital (RPC) has appointed Sarwjit Sambhi as CEO, to take over from Kevin Devlin, with immediate effect.For the last four years, Sambhi was CEO for St...
ArcLight Capital Partners has bought a 25% equity interest in Gulf Coast Express Pipeline (GCX) for $865 million from an affiliate of Phillips 66 (PSX). Going...
Natixis Corporate & Investment Banking has closed a $612 million construction bridge financing in support of three solar plants facilities constructed by MN8...
Iberdrola has entered into PPAs with Amazon for projects totalling 476MW located in Portugal and Spain.Amazon has contracted for 219MW from the Tamega Wind Complex in...
The New Jersey Board of Public Utilities has announced that it will not grant awards for new offshore wind contracts under the state’s fourth offshore wind...
Mitsubishi Corporation (MC) is undertaking a review of its Japanese offshore wind projects due to material changes in the macroeconomic environment. A consortium led...
The Final Investment Decision (FID) on the £24 billion ($29.9 billion) Xlinks Morocco-UKs subsea power interconnection project is expected in 2025, Bloomberg...
TotalEnergies is seeking government approval to develop a 320MW solar farm and 320MW/780MWh battery energy storage system in the New England region of New South Wales.The...
Alvarez & Marsal has appointed Richard Cotterill as a Managing Director in London. He will co-lead the practice’s energy team, providing M&A advisory...
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 Whalen, a managing director and energy and infrastructure finance adviser at Berkeley Research Group.
SAF projects are complex to finance, with short offtake contracts and high prices often deterring project finance lenders. SAFCO Ventures has lowered costs to secure a longer-term offtake for its SAF project in Pakistan, allowing the company to close the first SAF project financing in the Middle East, Central Asia, and Asia-Pacific regions.
Indonesia will need to seriously pick up the pace of both renewables and coal retirement financing to meet a 2040 coal phase-out ambition. A lacklustre and elections-scarred 2024 makes that job much harder.
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