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News
21 November 2024
in
Renewables

US DoE allocates $2.2bn for 2 clean H2Hubs

The US Department of Energy has announced up to $2.2 billion in funding commitments for two new regional clean hydrogen hubs under President Joe Biden’s...

News
21 November 2024

Should European ECAs be afraid of a new Trump trade war?

Exporters and ECAs outside the US are waiting to see if President-elect Donald Trump will keep the promises he made during his election campaign regarding tariffs....

News
21 November 2024
in
Metals and Mining, Renewables

Vulcan Energy to close ECA-backed facility amid resizing struggles

Vulcan Energy will close an ECA-backed deal for a new lithium and renewable energy facility in Q1 2025 with support from Export Finance Australia, Export Development...

News
21 November 2024
in
Metals and Mining

Fourth ECA signs up to support Troilus copper and gold

Yet another export credit agency has signed up to support Troilus Gold's copper and gold project in Quebec - bringing total potential ECA financing to $1.3...

News
21 November 2024
in
Agri/Soft Commodities

ETG signs sustainability-linked syndicated loan

FMO and TDB have signed a syndicated $394 million sustainability-linked loan with ETC Group (ETG). The funding aims to support ETG’s working capital needs across...

News
21 November 2024
in
Renewables

Ocean Winds submits Caledonia for planning consent

Ocean Winds has submitted applications for planning consent to the Scotland’s Marine Directorate for the 2GW Caledonia Offshore Wind Farm in the outer Moray...

News
21 November 2024

Quinbrook unveils new hires

Quinbrook Infrastructure Partners has appointed Hilkka Komulainen as its new Global Head of Sustainability and Impact.Komulainen succeeds Anne Foster in this global role...

News
21 November 2024
in
Renewables

Akerman opens Charlotte office with project finance leaders

Akerman has opened its new office in Charlotte, North Carolina, marking its 26th location in the US and its second in North Carolina.Leading the Charlotte office is Josh...

News
21 November 2024
in
Renewables

Azerbaijan completes first renewables auction

Azerbaijan has concluded its first renewable energy auction. The Ministry of Energy ran the auction, where Universal International Holding Limited submitted the lowest...

News
21 November 2024
in
Oil & gas

Caliche's Golden Triangle Storage expansion reaches FID

Caliche Development Partners III has announced that its Golden Triangle Storage (GTS) expansion project in Beaumont, Texas, has achieved FID following the close of the...

News
21 November 2024
in
Other

AfDB approves trade finance guarantee in Sierra Leone

AfDB has approved a $4 million trade finance transaction guarantee for Access Bank Sierra Leone (ABSL) to support SMEs and local firms in Sierra Leone.This AAA-rated...

News
20 November 2024
in
Metals and Mining

Two more ECAs interested in supporting Troilus project

Troilus Gold looks set to receive further export credit agency support for its copper and gold project in Quebec. The company received a Letter of Intent from...

News
20 November 2024
in
Oil & gas

Plaquemines LNG faces major cost overruns

The Plaquemines LNG project led by Venture Global is running over budget and could end up with a total price tag of between $21 billion and $22 billion, according to...

News
20 November 2024
in
Oil & gas

DT Midstream to buy 3 natural gas pipelines from ONEOK for $1.2bn

DT Midstream has signed an agreement to purchase a portfolio of three interstate natural gas transmission pipelines in the US from ONEOK for $1.2 billion.The deal...

News
20 November 2024
in
Oil & gas

Gunvor secures $2.265bn sustainability-linked RCF

Gunvor has signed a $2.265 billion sustainability-linked, multi-currency revolving credit facility in favour of Gunvor International B.V. and Gunvor SA.The facility...

News
20 November 2024
in
Metals and Mining

Exxon signs deal to supply lithium to battery maker LG Chem

Exxon Mobil has signed a preliminary agreement to provide battery metal lithium to an LG Chem plant in the US, strengthening the oil major’s role in the domestic...

News
20 November 2024
in
Metals and Mining

Sayona, Piedmont agree to create $623m lithium miner

Australia's Sayona Mining will buy US-based Piedmont Lithium in an all-stock deal that will consolidate its Canadian operations and strengthen its exposure to the...

News
20 November 2024
in
Chemicals/Petrochemicals

Aramco signs tripartite agreement to advance SASREF expansion

Saudi Aramco, its affiliate Saudi Aramco Jubail Refinery Company (SASREF), and an affiliate of Rongsheng Petrochemical have signed a development framework agreement to...

News
20 November 2024
in
Oil & gas

LandBridge to buy Wolf Bone Ranch for $245m

LandBridge has entered into a purchase and sale agreement to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware Basin known as the...

News
19 November 2024
in
Renewables

Red Sea Wind Energy signs ECA-backed Gulf of Suez 2 financing

Red Sea Wind Energy has secured ECA-backed financing for the expansion of the Gulf of Suez 2 onshore wind farm project in Egypt.JBIC provided up to $51 million, with...