Brazil's state-run oil firm Petrobras and the country's development bank BNDES have partnered to create a programme to finance forest restoration initiatives in the Amazon region.Under the ProFloresta+ programme, Petrobras will launch tenders to buy carbon credits from restoration projects.... More

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

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

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

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

UK Export Finance has guaranteed £184 million (almost $240 million) in financing for one of Taiwan’s largest offshore wind projects. UKEF issued the credit guarantee to support the construction of the TD103 billion ($3.1 billion) 495MW Fengmiao 1 project, which reached financial close... 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

MUFG has appointed Stephen Jennings as chief sustainability officer for EMEA.Jennings, who will also retain his current role as head of energy structured finance, EMEA and head of sustainable business division, EMEA, brings over 24 years of experience working in energy and renewables financing. He... More

Australian Strategic Materials says a non-binding and conditional Letter of Interest from Export Development Canada has been extended and will expire on April 24, 2026.The LoI indicates support for EDC to provide a direct lending debt facility package of up to A$400 million (over $251 million) for... More

SMBC has appointed Mitsuhiro Kawamura as global head of its Global Trade Finance Department (GTFD) and Norihito Obata as global head of product development and governance within GTFD. The appointments are effective from April 1.Kawamura will be based in Tokyo and will oversee international trade... More

MET Group’s LNG desk has been strengthened with the arrival of Luis Sanchez as its new head of LNG. MET has been expanding its LNG business in recent years, importing liquefied natural gas to multiple countries across the Mediterranean, Northwest Europe and the Nordic region.Sanchez,... More

Iberdrola has received a positive decision by Germany’s Federal Maritime and Hydrographic Agency (BSH) for the Windanker offshore wind project.This completes the planning process for the company’s third offshore project in the German Baltic Sea. The wind farm will have an installed... More

The first dedicated LNG bunkering facility in the US Gulf Coast, Galveston LNG Bunker Port (GLBP) has executed the first sales and purchase agreement for the supply of LNG of its proposed liquefaction project in Texas City Industrial Complex.GLBP will deliver LNG to Dunmura, the 2024-launched... More

EIB and Banca Popolare di Sondrio have signed an agreement aimed at mobilising over €300 million (over $323 million) for SMEs and mid-caps active in the agriculture and bioeconomy sectors in Italy, with a particular focus on green projects. This is the first operation signed by the EIB in... More

WTW has acquired Global Commercial Credit (GCC) into Willis, a WTW business.The company says the move significantly bolsters WTW’s capabilities in trade credit and political risk insurance, particularly targeting growth in North America.  GCC was founded in Michigan in 1995 with a primary... More

Spain’s ministry for ecological transition and demographic challenge (Mitceo) has allocated €46 million ($50 million) to 11 manufacturers of electrolysers and associated components, to fund the development of a green hydrogen manufacturing supply chain in the country.The 11 projects... More