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News
20 December 2024
in
Metals and Mining

Greenland Resources receives LOI from Danish ECA

Greenland Resources has received a letter of intent from Export and Investment Fund of Denmark (EIFO).EIFO looks set to support Greenland Resources with a credit...

News
20 December 2024
in
Telecoms and Communications, Transport

US Ex-Im approves trio of deals worth over $300m

The Export-Import Bank of the United States has approved three transactions for more than $300 million.Firstly, the ECA made a final commitment of more than $293 million...

News
20 December 2024
in
Renewables

SACE backs EIB loan for Sicily solar PV plant

SACE has backed a €100 million (about $104 million) green loan between EIB and Iberdrola to fund a new photovoltaic plant in Italy. The deal represents EIB's...

News
20 December 2024
in
Other

AD Ports Group upsizes RCF to $2.125bn

AD Ports Group has refinanced and upsized its existing RCF from $1 billion to $2.125 billion (equivalent in AED and USD tranches). The move extends the maturity of the...

News
20 December 2024
in
Chemicals/Petrochemicals

Covestro shareholders accept XRG's $15bn takeover offer

XRG, the international investments arm of ADNOC, will become the majority owner of Covestro after shareholders in the German chemicals maker approved a takeover offer.The...

News
20 December 2024
in
Renewables

EC approves €3bn German-Dutch H2Global hydrogen import scheme

The European Commission has approved a €3 billion ($3.12 billion) German-Dutch scheme to import green hydrogen from non-EU countries for sale in Germany and the...

News
20 December 2024
in
Power

MIGA supports rural electrification in Burundi

MIGA has issued a $10.9 million guarantee to Anzana Electric Group of Mauritius for its investments in Weza Power. The guarantee covers the risk of breach of contract for...

News
20 December 2024
in
Oil & gas

YPF and Shell to develop Argentina LNG project

Argentina's state-run oil company YPF and oil major Shell have signed an agreement to develop the country's flagship LNG project. The multi-stage $50 billion...

News
20 December 2024
in
Metals and Mining

Allied receives first construction payment for Ethiopia project

Allied Gold has received the first construction payment under a $175 million streaming agreement with Wheaton Precious Metals, signed earlier this month.Under the terms...

News
20 December 2024
in
Agri/Soft Commodities

Moroccan agricultural industry gets $250m climate funding

The World Bank has approved $250 million for the Morocco Transforming Agri-food Systems Program. The funding is aimed at increasing the Moroccan agri-food system's...

News
20 December 2024
in
Oil & gas

Riley extends and increases RCF

Riley Exploration Permian has amended its senior secured revolving credit facility.The company extended the facility maturity from April 2026 to December 2028, increased...

News
20 December 2024
in
Other

EBRD lends in local currency to ProCredit Bank Ukraine

EBRD is lending €20 million in local currency to ProCredit Bank Ukraine (PCBU) to bolster the bank’s medium-term lending to Ukrainian private businesses. The...

News
19 December 2024
in
Renewables

Green hydrogen project in Egypt struggles to find foreign offtake deals

One of the co-developers of a green hydrogen project in Egypt has admitted that the development consortium has been unable to find a foreign buyer for its offtake so is...

News
19 December 2024
in
Metals and Mining, Power

Lyten secures $650m LOI from US Ex-Im

Lyten, a supermaterial applications and lithium-sulfur batteries company, has received multiple Letters of Interest from the Export-Import Bank of the United States in...

News
19 December 2024
in
Metals and Mining

Sibanye inks $500m streaming deal with Franco-Nevada

Sibanye-Stillwater has entered into a $500 million streaming agreement with Franco-Nevada (Barbados) Corporation.The deal grants Franco-Nevada access to gold and platinum...

News
19 December 2024
in
Chemicals/Petrochemicals

First Phosphate signs long-term offtake deals

First Phosphate has signed two long-term offtake agreements for its future production from operations at Saguenay-Lac-St-Jean, Quebec. The deals help derisk its future...

News
19 December 2024
in
Renewables

Financial close for Scatec’s solar project in Botswana

Scatec has reached financial close for the second 60MW of the 120MW Mmadinare Solar Complex in Botswana and is preparing for construction start.The company signed a...

News
19 December 2024
in
Renewables

Zurich Airport and Synhelion sign solar fuel offtake deal

Zurich Airport has signed a long-term offtake agreement for renewable diesel with Synhelion, a Swiss cleantech company producing solar fuels.From 2027, Zurich Airport...

News
19 December 2024
in
Metals and Mining

Volkswagen buys 9.9% of Patriot Battery Metals

Volkswagen has acquired a 9.9% stake in Canadian lithium company Patriot Battery Metals for $48 million. This marks the first time Volkswagen and its battery subsidiary,...

News
19 December 2024
in
Metals and Mining

Canada clears Paladin’s $789m Fission Uranium takeover

Australia’s Paladin Energy has received the final green light it needed from Canadian authorities to buy Fission Uranium in a C$1.14 billion ($789.1 million)...