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

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

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

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

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

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

AMPIN Energy Transition has secured an investment of $50 million from Siemens Financial Services, the financing arm of Siemens AG.These funds will be used to grow the company’s Commercial & Industrial (C&I) and utility-scale renewable energy projects in India as well as its energy... More

Lithium Americas has taken a final investment decision on the first phase of the Thacker Pass mine in Humboldt County, Nevada. JV partners Lithium Americas and General Motors (GM) said completion of Phase 1 is targeted for late 2027. Lithium Americas also closed the previously announced $250... More

Baker Botts has added Nabil L. Khodadad and Alistair Wishart to its project finance group in London. Khodadad will also serve as head of project finance for the firm’s international offices.Khodadad brings extensive experience advising on projects across sectors including oil and gas,... More

Morgan Krone has joined Wilmington Trust as senior associate general counsel for Europe. Krone started at the trustee services firm last week and was previously a partner at Allen & Overy, having been with the law firm since 1996. He was head of A&O's global corporate trust and... More