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News
11 March 2025
in
Power

CFO named for TenneT Germany

Dr. Markus Binder has been named as the CFO of TenneT Germany with effect from May 1, 2025.As CFO, he will be responsible for central functions such as controlling,...

News
11 March 2025
in
Power

Elia raising equity for 50Hertz’s €23bn grid upgrade

German transmission system operator 50Hertz plans to invest almost €23 billion ($25.1 billion) in expanding and upgrading its transmission grid in Germany by...

News
11 March 2025
in
Renewables

EC approves green hydrogen support for Austria and Lithuania

The European Commission has approved a €400 million ($435 million) Austrian State aid scheme, and a €36 million Lithuanian State aid scheme.The schemes would...

News
11 March 2025
in
Oil & gas

Whitecap and Veren agree to merge in $10.4bn deal

Canada-based Whitecap Resources and Veren have signed a definitive business combination agreement to create one of the leading producers of light oil and condensate in...

News
11 March 2025
in
Metals and Mining

Pure Lithium secures funding from US DOE to recycle lithium metal

Pure Lithium has secured funding from the US Department of Energy's Vehicle Technology Office.The funding will support the scaling of lithium metal anode production...

News
11 March 2025
in
Other

Artis Finance goes into administration

UK-headquartered Artis Finance, a receivables finance group focused on commodity trade, has gone into administration. Joint administrators were appointed on March...

News
11 March 2025
in
Metals and Mining

Electrovaya seals ECA support to expand battery manufacturing

Electrovaya has closed a $50.8 million direct loan from the Export-Import Bank of the United States.This financing will fund Electrovaya’s battery manufacturing...

News
11 March 2025
in
Renewables

Sunly secures funding for 244MWp solar park

Estonian renewable energy company Sunly has secured €62 million (about $64.6 million) to build and operate a solar park in the country. EIB is lending €31...

News
11 March 2025
in
Metals and Mining

Broken Hill Mines pens offtake and financing deals with Hartree

Broken Hill Mines has entered a binding conditional term sheet with Hartree Metals for a $25 million financing facility and 200,000t of lead concentrate offtake to fund...

News
11 March 2025
in
Renewables

Brazilian biogas projects get BNDES funding

BNDES has approved BRL150 million ($26 million) in financing for the construction of four industrial effluent treatment plants with biogas production.The new biogas...

News
11 March 2025
in
Metals and Mining

Cyclone receives initial Vale payment for Iron Bear

Vale has paid Cyclone Metals $6.3 million towards its phase one contribution for the joint development of its Iron Bear iron ore project in Canada.A binding development...

News
11 March 2025
in
Metals and Mining

Glencore backs cobalt investment company planning May listing in London

Glencore plans to buy a 10% stake in Cobalt Holdings when the cobalt investment company floats on the London market in May, seeking to raise £180 million (around...

News
11 March 2025
in
Other

EBRD, BII, Proparco support trade in Ukraine

EBRD is joining forces with British International Investment and Proparco to support Ukraine's cross-border trade.BII and Proparco are providing EBRD with...

News
11 March 2025
in
Oil & gas

US extends Delfin LNG export permit to 2029

US Secretary of Energy Chris Wright has approved an LNG export permit extension for Delfin LNG, granting additional time to commence exports from the project, which is...

News
11 March 2025
in
Metals and Mining

Rio Tinto to sell bonds to finance Arcadium deal

Rio Tinto Group said it’s seeking to sell bonds in the US to help repay a bridging loan used to finance its $6.7 billion acquisition of Arcadium Lithium.The...

News
11 March 2025
in
Metals and Mining

Globe and Myst pen offtake deal for Kanyika Niobium Project

Globe Metals & Mining has signed a non-binding MoU with Myst Trading for the offtake of phase one production from the Kanyika Niobium Project in Malawi.The MOU...

News
10 March 2025
in
Renewables

JBIC supports India's renewables push

JBIC and Osaka Gas are investing in a portfolio of renewable energy projects by India's Clean Max Enviro Energy Solutions. The Japanese gas company has formed a JV...

News
10 March 2025
in
Metals and Mining

Orano secures funds for €1.7bn uranium plant extension

EIB and Orano have signed a €400 million loan (around $419 million) intended to part finance a €1.7 billion project to extend the Georges Besse 2 uranium...

News
10 March 2025

Trafigura renews $5.6bn RCFs

Trafigura has closed its new 365-day European multi-currency syndicated revolving credit facilities totalling $1.9 billion, as well as the extension and increase of its...

News
10 March 2025
in
Power, Renewables

JBIC provides financing for Seagreen offshore transmission system

JBIC is providing project financing of up to £283 million for an offshore electricity transmission project for the Seagreen offshore wind farm in the UK. The loan...