In depth
28 March 2025

Brightline goes west

The Brightline West project is the first true high-speed rail network in the US. The project will depend on strong passenger numbers to service its debt and deliver returns for sponsors. More

In depth
24 March 2025

20 minutes with Jeff Barr, Plenary Americas

Proximo talks to Jeff Barr, a senior vice president at Plenary Americas, about the I-10 Calcasieu River Bridge project financing and the broader US P3 landscape. More

News
03 April 2025

Thyssenkrupp agrees flat steel supply deal with Hydnum

German steelmaker Thyssenkrupp’s material processing subsidiary has signed an agreement to buy 100,000 tonnes of green hydrogen-derived flat steel from Hydnum Steel’s steel production scheme in Spain, for the first seven years of the project's operations. Hydnum Steel has... More

News
03 April 2025

Shell finalises Pavilion Energy acquisition

Shell Eastern Trading has finalised the purchase of Pavilion Energy, strengthening its position in the LNG market.The acquisition includes Pavilion Energy’s LNG portfolio, which boasts a contracted supply volume of around 6.5 million tonnes per annum.The integration of Pavilion Energy’s... More

News
03 April 2025

Australian Pacific Coal secures funding boost for Dartbrook

Australian Pacific Coal (AQC) has announced a finance increase for its Dartbrook coal project in the Hunter Valley region of New South Wales.The company has amended its senior secured facility with Vitol Asia, increasing the commitment from $90 million (A$143 million) to $104 million (A$165 million)... More

News
03 April 2025

Sembcorp to more than double stake in Senoko Energy

Sembcorp Industries is proposing an acquisition in Senoko Energy that could potentially more than double its interest in the local utility company.Its wholly owned subsidiary, Sembcorp Utilities, has signed a sale and purchase agreement to increase its interest in Senoko to a maximum 70%, more than... More

News
02 April 2025

NatWest to loan £500m for social housing retrofits

The UK’s National Wealth Fund (NWF) has announced a financial guarantee of up to £400 million ($517 million) to cover a series of new loans provided by NatWest Group.The lending aims to help registered providers of social housing reduce energy consumption and accelerate the... More

News
02 April 2025

Aviva invests in Cardiff and Vale College MIM

Aviva Investors has completed an investment to finance the construction of two new campus developments at Cardiff and Vale College (CAVC) in Wales.The two new campus buildings will be constructed at two separate sites that are expected to provide specialised further education facilities for nearly... More

News
02 April 2025

Invinity proceeding with vanadium flow battery project

Invinity Energy Systems has reached an agreement to proceed with the LODES project on a site in the South East of England.Invinity has acquired the rights to develop, build, own and operate an up to 20.7MWh vanadium flow battery system using its VS3 vanadium flow batteries. The project is... More

News
02 April 2025

Softbank to make $40bn follow-on investment in OpenAI

SoftBank Group Corp. (SBG) has entered into a definitive agreement with OpenAI Global and its affiliates to make follow-on investments of up to $40 billion.SBG is planning to syndicate out $10 billion of the up to $40 billion investment in the artificial intelligence research and development company... More

Event
Apr 14 - Apr 17, 2025

Middle East & Africa 2025: Agency, Energy & Infrastructure Finance

Ritz Carlton, Dubai

We're bringing the Middle East and Africa together for one mega event—the Middle East & Africa Congress! More connections, more opportunities, all in one place

Full details
News
02 April 2025

Development partner named for London heat network

The Mayor of London’s development corporation for Old Oak and Park Royal (OPDC) has named Hemiko as the development partner for its new district heat network. OPDC and Hemiko will work together to design, deliver, fund and operate the new low carbon heat network, which will draw waste... More

Data and research

Refinancing pipeline

Project name Cost in $m Country Sector Development stage
Maple Flats PV Solar Project 406 United States PV solar In construction
300MW Calala BESS Project 274 Australia Battery storage In construction
200MW Tidwell Prairie 1 Battery Storage Project 143 United States Battery storage In construction
Tibbits BESS Project 143 United States Battery storage In construction
200MW Fort Duncan Storage Project 183 United States Battery storage In construction
News
02 April 2025

Revolve to buy operating US wind farm

Revolve Renewable Power Corp. (REVV) has signed a binding offer for the proposed acquisition of a 9.6MW operating wind energy project in the United States.The agreement provides for the acquisition of a 95% interest in the project for total consideration of $10.5 million on a cash and debt free... More