JBIC has agreed a loan to NTT Finance Americas of up to $250 million, with the deal being co-financed by MUFG, Chiba Bank, and Gunma Bank for a total amount of $500 million.The loan will provide financing through NTTFA for the construction and operation of a data centre in the US by a group company... More

South Korea has awarded funding to DL Energy and DL Engineering & Construction, in cooperation with Norsk Kjernekraft, for a Norwegian SMR Development & Operation Project Preliminary Feasibility Study. It is the first SMR-related pre-feasibility study to be financed by KIND. The... More

Swedish steel start-up Stegra - formerly known as H2 Green Steel — has received the first €100 million ($112 million) of €265 million in state aid allocated by the government of Sweden.Stegra is building a green steel plant in Boden, northern Sweden, which will feature more than... More

Kimmeridge Texas Gas and Commonwealth LNG have entered into a Heads of Terms agreement with Glencore for the supply of LNG.Glencore will purchase 2 million tonnes per annum of LNG for 20 years from Commonwealth, as well as equivalent natural gas supply from KTG under a netback agreement at... More

IFC has provided new financing to three of Airtel Africa's subsidiaries with the aim of bringing high-speed mobile connectivity to more than 37 million subscribers in sub-Saharan Africa.IFC's $200 million loan will support the expansion and modernization of Airtel Africa's network, as... More

UKEF has launched a new online portal for credit insurance applications to allow firms applying for government-backed export insurance to do so more quickly.The portal, now available on GOV.UK, means businesses can apply for government export insurance without having to complete a PDF form. More

Petrochemical group Saudi Basic Industries Corp will sell its minority stake in Aluminium Bahrain (Alba) to Saudi mining firm Ma'aden for around $1 billion.The sale proceeds from the 20.62% stake are expected between BHD363 million ($963.25 million) and BHD398 million ($1.06 billion), SABIC said... More

RWE Supply & Trading has signed an MoU with AM Green Ammonia (AMG) for the long-term supply of green ammonia from its plants in India. Deliveries are expected to start by 2027. A subsequent offtake agreement between RWE and AMG will detail the contractual provisions.The MoU outlines the supply... More

Brown Rudnick has hired oil and gas litigator Lauren Varnado to the firm’s Houston office. Varnado initially will bring two team members and joins from Michelman & Robinson, where she helped launch its Houston office, served as office managing partner, and led the firm’s energy... More

A US start-up that claims it can make baseload electricity for less than $0.01 per kWh has secured 11 patents for its geothermal technology, with a view to deploying it to make green hydrogen-based fuels.Magma Power, founded in 2022, also claims that green hydrogen made using its closed-loop... More

Botswana has awarded Giyani Metals a 15-year mining licence, paving the way for it to become the country's first battery-grade manganese producer.Manganese is a key component in batteries and its demand is expected to be driven by growth in electric vehicles, among other clean energy... More

Australian company Andean Silver has priced a A$25 million ($17 million) placement to fund its exploration activities at its Cerro Bayo silver project, in Chile.The placement, priced at a discounted A$1.05 a share. The Cerro Bayo project was in production for more than 15 years, producing about 45... More

Sun Silver has received firm commitments to raise A$13 million (about $8.9 million), comprising an A$8 million placement at A$0.62 per share and a strategic cornerstone investment of A$5 million at A$0.80 per share from Nokomis Capital. Nokomis Capital has also subscribed for around A$4.2 million as... More

EIB is lending SG Equipment Leasing Polska (SGEF Poland), a unit Societe Generale, €100 million ($111.4 million) to support the development of SMEs. SGEF Poland will in turn provide new loans totalling €200 million.At least a fifth of the financing is to boost climate action including cuts... More

A group of developed nations will make a new push to resolve differences amid fading prospects for a deal to restrict funding of foreign oil and gas projects by their export credit agencies. OECD members have held talks on an initiative put forward by European nations last November without... More

olam food ingredients (ofi) has signed a medium-term samurai loan aggregating JPY46.5 billion (about $330 million).The facility has Olam Treasury as a borrower and comprises a three-year tranche of JPY46.5 billion. The facility is initially guaranteed by Olam Group, which will transfer to ofi... More

Financial close has been reached on the 1.5GW Al Ajban solar PV project in Abu Dhabi.The project company, owned by EDF Renewables and Korea Western Power with a 20% stake each as lead members, and Masdar as local shareholder with a 60% stake, signed a 30-year PPA with the Emirates Water and... More

DP World Trade Finance and Nedbank CIB are partnering to help businesses across Africa which are facing working capital challenges.The partnership includes initiatives in supply chain finance for DP World’s suppliers in sub-Saharan Africa and a risk-sharing agreement to enhance the trade... More