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09 May 2024
in
Telecoms and Communications

JBIC finances SoftBank's acquisition of Cubic Telecom

SoftBank has signed a JPY38 billion ($244.5 million) loan agreement with JBIC. The deal will be co-financed by Mizuho, SMBC, MUFG, and Sumitomo Mitsui Trust Bank, with a...

09 May 2024
in
Oil & gas

Itochu in talks to buy LNG from Ksi Lisims project

Japanese trading house Itochu is in talks for a long-term contract to buy LNG from the proposed Ksi Lisims project on Canada’s northwest coast, part of a wider push...

09 May 2024
in
Oil & gas

ANZ restricts funding for oil and gas extraction

Australia's ANZ has declared that it will no longer extend financing to new or expanded upstream oil and gas projects unless there is a national emergency and if its...

09 May 2024
in
Metals and Mining

Equinor acquires 45% stake in two lithium project companies

Equinor has entered into a partnership with Standard Lithium to acquire a 45% share in two lithium project companies based in Southwest Arkansas and East Texas.Equinor...

09 May 2024
in
Renewables

DFC, EBID support reliable energy project in Sierra Leone

DFC has agreed up to $412 million in financing and political risk insurance in support of Sierra Leone's plans to address rolling blackouts and expand its power...

09 May 2024

Andrew Lehman returns to Akin in Houston

Private equity partner Andrew Lehman has rejoined Akin as a partner in the firm's Houston office. The addition of Lehman not only adds to the firm’s private...

09 May 2024
in
Metals and Mining

Ganfeng to acquire Leo Lithium’s Mali project stake for $342.7m

Ganfeng Lithium will acquire its partner Leo Lithium’s remaining 40% stake in the Goulamina lithium mine in Mali for $342.7 million.This acquisition includes a...

09 May 2024
in
Metals and Mining

West Red Lake raises C$30m for Madsen project

West Red Lake, the owner of the Madsen gold mine in Ontario, has announced a C$30 million (almost $22 million) bought deal public offering of units.The TSX-V-listed firm...

09 May 2024
in
Renewables

Everfuel to supply green hydrogen to Germany

Everfuel has signed a Letter of Intent with a major industrial offtaker in Germany. The agreement outlines the supply of up to 10,000 tonnes of green hydrogen per year,...

09 May 2024
in
Metals and Mining

Magnetite Mines appoints Azure to aid funding for Razorback project

Magnetite Mines has brought onboard Azure Capital to aid in securing funding and exploring partnering opportunities for the development of its Razorback iron ore...

08 May 2024
in
Oil & gas

Rhino signs farm-down with Azule Energy

Rhino Resources has signed a farm-down agreement with Azule Energy in relation to Block 2914A (PEL 85) in the offshore Namibian Orange basin. The deal gives Azule a 42.5%...

08 May 2024
in
Infrastructure, Renewables, Telecoms and Communications

Finance agreements signed on 3 US-Angolan infra projects

Final agreements for three US Ex-Im-supported Angolan projects under President Biden’s flagship Partnership for Global Infrastructure and Investment (PGII) have...

08 May 2024
in
Renewables

REC turns to ECA and DFIs ahead of rise in demand for loans

India's state-run REC is planning to tap overseas ECAs and DFIs for funds as it prepares itself for a jump in demand for loans from all segments of the power industry...

08 May 2024

UKEF supports Trimline's growth funding

UKEF has helped specialist interior outfitter Trimline to secure a £1 million financing package supporting its work refurbishing cruise ships and ferries around the...

08 May 2024
in
Other

Pedram Tadayon joins Mitigram as CEO

Digital trade finance group Mitigram has appointed Pedram Tadayon as CEO.Prior to joining Stockholm-headquartered Mitigram, Tadayon - who has over 25 years of experience...

08 May 2024
in
Metals and Mining

Ramaco Resources increases revolver

US-based Ramaco Resources says its principal bank lender, KeyBank, has amended the company's existing revolving credit facility to increase the overall commitments to...

08 May 2024
in
Oil & gas

ADNOC, EnBW seal Ruwais LNG supply deal

ADNOC has signed a heads of agreement with Germany’s EnBW to supply the latter with LNG from its planned LNG terminal in Al Ruwais.EnBW will buy 0.6 million metric...

08 May 2024
in
Renewables

EBRD mulls Bulgarian merchant solar project loan

The EBRD is considering providing a €50 million ($53.8 million) senior secured loan to Tenevo Solar Technologies to partially finance a €161.7 million 238MWp PV...

08 May 2024
in
Oil & gas

Adani to borrow $600m for gas unit

Adani is in the process of seeking an offshore loan worth approximately $600 million. The purpose of this loan is to refinance existing debt and improve the...

08 May 2024
in
Renewables

responsAbility invests up to $35m in AMPIN

responsAbility will invest up to $35 million in Indian renewable energy transition company AMPIN Energy Transition. The deal is part of its broader $500 million climate...