French utility Engie has secured an ECA-supported €500 million credit facility arranged by Societe Generale and Citibank. The deal is the first issued by Danish export credit agency EIFO to the French utility market, as well as the first ECA-covered credit facility within the OECD... More

The Export-Import Bank of the United States and Banco de la República Oriental del Uruguay (BROU) have signed an MoU for up to $200 million in potential financing.The funds would support US exports to Uruguay in critical sectors, including agriculture, renewable energy, critical minerals, and... More

Greenergy has closed its new revolving secured borrowing base and term loan facility. Combined with its existing receivables purchase facility, this takes Greenergy’s total credit facilities to $1.4 billion. The refinancing is supported by Greenergy’s parent company Trafigura, and... More

Bharat Petroleum Corporation Limited (BPCL) has achieved financial closure for its Bina Refinery Expansion / Petrochemical Project by signing a loan of ₹31,802 crore ($3.67 billion) with a consortium of six lenders led by the State Bank of India.The project, in Madhya Pradesh, aims to set up a... More

Greece’s Metlen Energy & Metals will invest about €296 million ($304 million) in the EU's first gallium production line, as China’s ban on exports of the critical mineral to the US encourages Western nations to seek their own supplies.The project will be integrated with... More

Rio Tinto and Glencore have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group.The discussions took place as recently as late last year but are not currently active, sources said. Rio Tinto is the world’s second-biggest... More

The US Department of Energy has made a conditional commitment of up to $1.36 billion to ESM ATLiS to support its lithium hydroxide production facility in Imperial County, California.This funding aims to support the construction, equipping and operation of the California facility, which will extract... More

Standard Lithium and Equinor have finalised a $225 million grant from the US Department of Energy for their South West Arkansas (SWA) lithium project.The funding will support phase one construction of the project, which is expected to become one of the first commercial-scale direct lithium... More

HSBC will provide “multi-million-pound funding” to Hygen Energy to expand capacity at its green hydrogen production site in Birmingham.Through HSBC Equipment Finance, Hygen will receive backing in the form of asset finance lent to advance its facility at the Tyseley Energy Park and... More

Saudi EXIM has signed a $15 million credit-line agreement with Pakistan’s Habib Metropolitan Bank to enhance the flow of non-oil Saudi exports to the South Asian country. Under the agreement, Habib Metropolitan Bank will provide credit facilities to importers in Pakistan to finance the... More

Avisen Legal has hired energy sector lawyer Bray Dohrwardt. His practice focuses on renewable energy, natural gas, energy trading, distributed energy solutions, regulatory compliance, mergers and acquisitions, and corporate governance.Dohrwardt has advised on transformative energy projects totaling... More

Adriatic Metals has closed its $25 million concentrate prepayment arrangement with Trafigura, with funds drawn down. More

UK fintech Ebury will acquire ArcaPay, a B2B cross-border payment solutions provider based in Lithuania. Ebury says the addition of ArcaPay will enable the company to expand in the Baltics.The deal is subject to regulatory approval and financial terms have not been disclosed. Headquartered in... More

Petrosea has secured a $1 billion contract from Vale Indonesia for nickel ore mining in the Central Sulawesi region of Bahodopi in Indonesia.The contract is set to be signed in March and will be valid for ten years. Indonesia is restructuring its nickel operations, aiming to cut down Chinese... More

An application for consent for the 450MW Sceirde Rocks Windfarm has been submitted to the Irish authority, An Bord Pleanala.The offshore wind project is the first to be proposed for Ireland’s west coast and is sited 5-12km off the West Galway coast. The consent application is supported by a... More

JBIC has agreed a JPY72 billion (about $482 million) facility - part of an overall JPY120 billion credit line - with India's Power Finance Corporation. The rest will be provided by commercial banks.PFC, owned by the Indian government, will use the funds to finance energy projects in the country,... More

Aramco and Ma’aden have signed a non-binding Heads of Terms regarding the formation of a minerals exploration and mining JV in Saudi Arabia. The proposed JV would focus on energy transition minerals, including extracting lithium from high concentration deposits and advancing... More

The New York State Energy Research and Development Authority (NYSERDA) has extended the consultation on the design of the state’s sixth offshore wind solicitation (NY6).The deadline to respond to the Request for Information (RFI) soliciting feedback from potential bidders has now been by three... More