The UK’s National Energy System Operator (NESO) has opened a new evidence window for connections reform that abolishes the first-come, first-served approach.Projects that existing agreements, and ready to proceed, have until July 29 to apply for priority grid access. With the current queue at... More

BB Energy has signed its $375 million one-year revolving credit facility. The RCF will be used to refinance the maturing facility signed in July 2024, as well as for general corporate purposes. The RCF includes a one-year extension option and an accordion option up to $450 million.The new... More

Orsted has reached financial close on a project finance package with 25 banks and five ECAs to raise around TWD90 billion (almost $3.1 billion) for the 632MW offshore wind farm Greater Changhua 2, off the coast of Taiwan.The asset-level project financing package, which was originated and structured... More

CHAR Technologies and BMI Group have closed an $8 million equity investment agreement for the Thorold Renewable Energy Facility, securing 50/50 project ownership.The funding arrangement supports Phase 1 commercial biocarbon production, with disbursements from BMI scheduled in monthly tranches... More

Gevo has closed $40 million in new non-recourse private activity bond sales through Barclays to refinance debt linked to its Iowa renewable natural gas project.The Iowa Finance Authority issued the 2025 bonds for Gevo NW Iowa RNG, releasing $40 million in restricted cash and increasing Gevo’s... More

Nigeria has secured a $747 million syndicated loan, led by Deutsche Bank, to finance construction of the first phase of its planned 700km coastal highway project.The loan is believed to be the first of its size for road infrastructure in Nigeria. Deutsche Bank acted as global coordinator in the... More

Envision Energy has launched what it says is the world's largest green hydrogen and ammonia production facility, located in the Chifeng Net Zero Industrial Park in Inner Mongolia. The plant is capable of producing 320,000 tonnes of green ammonia per year, with exports set to start in the... More

SEFE and Adnoc Gas have entered into a three-year supply agreement over 0.7 million tonnes of LNG, with deliveries to begin in summer 2025. The agreement is valued at around $400 million over its three-year term.The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility. With a... More

Malawi has concluded $12 billion worth of Chinese mining and infrastructure transactions, which are positioning the landlocked country in south-eastern Africa for the supply of critical minerals.The first $7 billion transaction is with China’s Hunan Sunwalk for the development of titanium... More

Energy Exploration Technologies (EnergyX) has signed a binding conditional agreement with Pantera Lithium to acquire its wholly owned subsidiary Daytona Lithium for A$40 million ($26.1 million).Daytona Lithium holds all interests of 35,000 acres of lithium mineral leases in the Smackover lithium... More

Masdar and Iberdrola have signed a €5.2 billion ($6 billion) co-investment agreement for the 1.4GW East Anglia THREE offshore wind farm in the UK.Project financing for East Anglia THREE closed at £3.5 billion ($4.75 billion) and was signed with 24 international banks. The wind farm is... More

The UK government and Japan’s Sumitomo Corporation have signed a £7.5 billion ($10 billion) energy investment deal aimed at accelerating renewable energy development.The agreement is designed to support new offshore wind farms and hydrogen projects, expand associated supply chains, and... More

The US Department of the Interior has granted Hurricane Creek Mining approval to begin coal mining operations on Bryson Mountain in Claiborne County, Tennessee. The permit allows production of up to 1.8 million tonnes of coal through 2034, supporting industries such as steelmaking and power... More

Epsilon Advanced Materials (EAM) has received a non-binding LOI from the Export-Import Bank of the United States to support capital funding for its battery-grade synthetic graphite facility in Leland, North Carolina. The LOI contemplates potential funding of up to $420 million, with a minimum... More

Wartsila has been selected to provide a 204MW power plant solution for the Reko Diq copper-gold mining project in Pakistan.The power plant, featuring 12 Wartsila 50 engines and auxiliaries, will ensure a reliable and economical power supply crucial for efficient mining operations.Wartsila will... More

Trafigura's UK-based biofuel producer and fuel distributor Greenergy will begin a consultation with employees to close its biodiesel plant in Immingham, northeastern England.It would mark the latest blow for Britain's fuel industry, a week after the nearby Lindsey oil refinery's owner... More

Venture Global and Securing Energy for Europe (SEFE) have finalised an agreement under which SEFE Energy will purchase an additional 0.75mtpa of LNG from CP2 LNG for 20 years. The announcement amends the existing SPA signed by the companies in 2023, increasing the total volume of LNG purchased by... More

MetroLink has published a global Periodic Information Notice and will hold a series of market engagement events across Europe in September.The engagement begins in Dublin with a briefing presenting updates on the delivery structure, procurement timeline, and bid expectations for Ireland’s... More