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17 January 2025
in
Renewables

Engie secures ECA-backed €500m facility

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...

17 January 2025

US Ex-Im signs $200m export cooperation deal with Uruguay

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...

17 January 2025

Greenergy closes refinancing of credit facilities

Greenergy has closed its new revolving secured borrowing base and term loan facility. Combined with its existing receivables purchase facility, this takes...

17 January 2025
in
Chemicals/Petrochemicals

BPCL reaches financial close for Bina refinery expansion

Bharat Petroleum Corporation Limited (BPCL) has achieved financial closure for its Bina Refinery Expansion / Petrochemical Project by signing a loan of ₹31,802 crore...

17 January 2025
in
Metals and Mining

Metlen to build first EU gallium project

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...

17 January 2025
in
Metals and Mining

Rio Tinto, Glencore discuss giant potential merger

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...

17 January 2025
in
Metals and Mining

US backs ATLiS lithium project with conditional $1.36bn loan

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,...

17 January 2025
in
Metals and Mining

South West Arkansas lithium project gets $225m from DOE

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...

17 January 2025
in
Renewables

Hygen secures HSBC funding to scale green hydrogen facility

HSBC will provide “multi-million-pound funding” to Hygen Energy to expand capacity at its green hydrogen production site in Birmingham.Through HSBC Equipment...

17 January 2025

Saudi EXIM pens $15m deal with Habib Metropolitan Bank

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...

17 January 2025
in
Oil & gas, Renewables

Energy lawyer Bray Dohrwardt joins Avisen Legal

Avisen Legal has hired energy sector lawyer Bray Dohrwardt. His practice focuses on renewable energy, natural gas, energy trading, distributed energy solutions,...

17 January 2025
in
Metals and Mining

Adriatic Metals closes concentrate prepayment deal with Trafigura

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

17 January 2025
in
Other

Ebury acquires Lithuania’s ArcaPay

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...

17 January 2025
in
Metals and Mining

Petrosea gets $1bn nickel ore mining contract from Vale Indonesia

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...

16 January 2025
in
Renewables

Planning application submitted for Sceirde Rocks Windfarm

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...

16 January 2025
in
Renewables

JBIC agrees renewable energy funding to PFC

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...

16 January 2025
in
Metals and Mining

Aramco plans transition minerals JV with Ma’aden

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...

16 January 2025
in
Renewables

NYSERDA extends consultation on NY6 design

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...

16 January 2025
in
Renewables

New CFO appointed by Vestas

Vestas has appointed Jakob Wegge-Larsen as Chief Financial Officer (CFO) and member of Executive Management.He is expected to take up the position as CFO during the...

16 January 2025
in
Power

UK nuclear fusion energy gets £410m boost

The UK government has promised a record £410 million ($500 million) investment in nuclear fusion which could help construct a fusion power project on the site of an...