Climate Fund Managers has announced the final close of its second blended finance facility, Climate Investor Two (CI2), at $1.065 billion. With new commitments of $190 million plus a €205 million EFSD+ guarantee from the European Union, CI2 surpasses its initial $1 billion target, becoming... More

Stegra has launched a new financing round representing up to approximately 15% of the total project funding required for the construction of its green steel plant in Boden, Sweden. The company said the proceeds from this round will comprise a mix of new equity, debt, outsourcing, and selected... More

Emirates Water and Electricity Company (EWEC) has signed the PPA for the 1.5GW Khazna Solar Photovoltaic project in Abu Dhabi with ENGIE and Masdar.ENGIE and Masdar will design, finance, build and operate the independent power project and receive payment from EWEC for the net electrical energy... More

Enfinity Global has finalised an equity and development partnership with an unnamed investor to finance a 486MW battery energy storage system in Emilia Romagna, Italy. The agreement will support the development and commissioning of the battery project, which has a total storage capacity of... More

Vast Renewables has closed a $3.5 million convertible notes placement to support its Port Augusta Green Energy Hub and storage projects in South Australia. The convertible notes, placed with existing investors Nabors Industries and Canberra Airport Group, will finance the delivery of the... More

Jindal Energy Botswana has reached financial close on the Mmamabula Energy Project, securing BWP15 billion ($1.12 billion) for a 300MW coal power plant in Botswana.The  funding package for the Public-Private Partnership was arranged through a consortium of Indian lenders led by Axis Bank. A PPA... More

Iraq’s Prime Minister Mohammed Shia Al-Sudani has launched construction of a 100-bed hospital in Al-Rahmaniya, Al-Shu’ala district, western Baghdad.The new facility is one of 16 hospitals to be developed under the Iraq–China oil-for-infrastructure agreement, designed to expand... More

EDP Renewables will accelerate development of more than 1.7GW of solar and battery storage projects, backed by revenue underwriting awards in Australia.The company is progressing the Punchs Creek Renewable Energy Project in southern Queensland, featuring 400MW of solar and a 400MW/1,600MWh battery... More

Canada Pension Plan Investment Board has agreed to acquire an additional 25% interest in the environmental services division of FCC Group for €1 billion ($1.16 billion). Upon completion of the transaction, CPP Investments will hold a 49.99% stake in FCC Servicios Medio Ambiente Holding... More

Qair UK has received consent from Scottish ministers for a 342MW battery energy storage system (BESS) in South Lanarkshire. The Red Moss BESS project, submitted to the Scottish Energy Consents Unit following Qair Group's majority acquisition and rebranding of Green Switch Capital,... More