Proximocast: Industry news

Our final episode (for now). Join our host Maura as she takes us through top stories this week and an update about the direction of this podcast:  Stories covered include:  EDPR to sell stake in Californian solar and storage portfolio - Proximo US awards $6.7bn in CHIPS funding 3 Partners consider restart of power plant to supply data center Additional information on Empire Wind 1 financing Alaska sues Biden administration over oil and gas leases in Arctic refuge Actis to buy Brazilian transmission assets for its Skyline platform Petrobras launches call for proposals for biomethane SB Energy raises $1.1 billion for Pelican's Jaw solar-plus-storage Leyline secures $70m from Keystone 

This week's top stories across project and infrastructure finance: ib vogt sells first Hungarian solar project SPPC prequalifies companies for G1 BESS projects Nova signs agreement with Meridian for Te Rahui solar farm ACWA Power enters Chinese renewables market JSW Neo Energy to acquire $1.47bn Indian renewables platform Korea drops 100MW hydrogen fuel cell project Offshore wind left off Connecticut renewables procurement TPG resolves Quantum Frederick Project legal dispute Tennessee Gas Pipeline takes FID for pipeline project Happy New Year to all our listeners! As we step into 2025, we’ve put together a short video recapping all things Proximo in 2024 and a few emerging trends that we are seeing in the industry to help kick start your year! Head over to our website to read our editor’s trends and watch the highlights. 

This week's top stories across project and infrastructure finance: Ukrainian road to EU project receives €267m Rooftop solar tendered across Gibraltar AMPYR Solar Europe to close further portfolio financing in 2025 IBV ACEN acquires stake in 70MW Sonagazi Solar OCK invests in Malaysian solar project 20MW Ugandan solar project reaches financial close SWPC selects preferred bidder for Jubail IWP EVgo closes $1.25bn guaranteed loan facility DOE picks four teams for Puerto Rican solar and storage deployments Brazil’s Senate adopts offshore wind bill   Mark your 2025 calendars for an awesome roster of upcoming events in the new year:   March 31 - April 2 - Americas 2025: Agency, Energy & Infrastructure Finance, Miami   April 14 - 16 - Middle East & Africa 2025: Agency, Energy & Infrastructure Finance, Dubai   June 10 - 12 - Proximo Europe 2025: Energy & Infrastructure Finance, Copenhagen   June 16 - 18 - Proximo Congress 2025: US Energy & Infrastructure Finance, Nashville   Oct 14 - 16 - Asia 2025: Agency, Energy & Infrastructure Finance, Singapore  

Azeem reports on the latest personal changes in the industry

This week, your host Maura takes us through this week's top stories including: Senate bill seeks delay for Lava Ridge wind project EQT forms $3.5bn midstream JV with Blackstone Cologix buys land in Ohio for 800MW data centre campus IQ Fiber to acquire ThinkBig Networks Lancium secures $500m investment from Blackstone Further details on CVOW acquisition financing  Northvolt files for Chapter 11  Kosovo seeks investors for 100MW wind farm project Hynfra plans $10.6bn Egyptian green hydrogen, ammonia plant BP takes FID on $7bn Indonesian carbon capture project 

This week's top stories across project and infrastructure finance: Financial close for 760MW Azerbaijan solar projects Plans for $2bn green hydrogen project in Vietnam unveiled Glaspoort signs €1.2bn financing package for FTTH rollout AMPYR Solar Europe secures £200m financing framework Plaquemines LNG faces major cost overruns Abraxas, EDF plan 3GW green hydrogen project in Canada Massachusetts passes bill supporting offshore wind contracts Lyten buys Cuberg assets from Northvolt EDF and Mulilo BESIPPPP BESS financings due to close by year-end Iraq secures $380m JICA loan for refinery upgrade   Mark Your Calendars for Proximo Americas 2025: Agency, Energy & Infrastructure Finance in Miami Florida, Mar 31 - Apr 2, 2025!  Book here today Join us for important conversations with fellow experts in the expansion and decarbonisation of Latin America’s energy, transport and social infrastructure sectors.   

This week's top stories across project and infrastructure finance: Can Trump Make America Drill Again? Penn State selects developer for student housing project Acciona acquires two 150MW wind farms in Texas Fortescue's 550MW green hydrogen project nears collapse New Zealand updates PPP framework Senegal’s largest solar, battery project seals funding Eskom’s pumped storage system project gets EU funds Ofgem approves case for two North Sea interconnectors And, voting for Proximo's Deals of the Year Awards 2024 is now open! Head to the Awards page on our website for all information and to start nominating your 2024 outstanding deals! 

Azeem reports on the latest personal changes in the industry

This week, your host Maura takes you through top stories in the US including:  US tax credit transfers on target for $40bn in 2024 Vantage Data Centers to build $2bn campus in Ohio Golden Pass LNG project gets 3-yr extension AEP seeks PUCO approval for data center power agreement Doral Renewables plans several solar financings for 2025 Swift Current closes tax equity financing NextEra to evaluate restarting US nuclear plant Avangrid sells Kitty Hawk North lease to Dominion

This week's top stories across project and infrastructure finance: New container terminal confirmed for Port of Santos US solar panel production capacity reaches 45GWdc MSIP invests in Flexential Orsted submits Long Island Wind proposal to NYSERDA Ontario’s Cell Gap project advances Tunisia launches call for 200MW of solar projects French FTTH operator XpFibre raises €5.8bn Battery firm Redflow ceases trading Hijau secures Clime Capital investment And hot off the press... Proximo’s league tables for Q3 2024 are out now! If you are a Proximo subscriber, head over to the reports tab to download your copy to find out which lenders, administrative agents, and legal advisors are contributing the most to project and infrastructure finance so far this year. If you’re not a subscriber, visit our subscribe page for more information.

Sam takes us through the top stories across project and infrastructure finance. Rezolv's 225MW solar PV project in Bulgaria gets funding BNZ completes €660m TIPPF financing Blackstone plans €7.5bn data centre in Aragon PennDOT opens window for unsolicited P3 proposals Terra Firma to add 110MWp of solar in Gauteng JV to invest $3.4bn in Texan data centre  Senegambia Bridge upgrade works to begin Algeria signs deal with Spain’s Cepsa for hydrogen project  Concession signed for port project in Mozambique UKIB becomes the National Wealth Fund Austin, we have a solution! Count down to Proximo US Power, Renewables and Energy Transition Finance in Austin TX, on November 19-20. Get your tickets before they're gone!   

Azeem reports on the latest personal changes in the industry •Stephenson Harwood strengthens Middle East construction practice with Ron Nobbs relocating from London. •Jones Day announces Rodney Moore, Samuel Peca, and Scott Delaney joining as partners in corporate and Energy Transition & Infrastructure. •Nanda Kamat leaving MUFG after 15 years to take a new role. •Kristian Bradshaw joins Hunton Andrews Kurth in Tokyo from White & Case. •Vinita Sithapathy joins Mayer Brown in New York as a partner from Freshfields. •Joe Taylor joins Apterra Infrastructure Capital as managing director from NatWest. •Latham & Watkins hires Scott Cockerham in Washington, D.C., from A&O Shearman. •OX2 CFO Johan Rydmark to step down in April 2025. •EU Commission selects Danish politician Dan Jorgensen as energy commissioner. •Kenny Cheramusak becomes CFO of Apex Clean Energy from ContourGlobal. •Stephenson Harwood adds Sushil Verma as a partner in Financial Markets Practice from Simmons & Simmons. •Meyer Burger CEO Gunter Erfurt steps down; Franz Richter becomes chairman.

This week, Maura  takes us through the top stories across project and infrastructure finance: RFP issued for Eglinton Crosstown West package US sets solar import duties on four Southeast Asian suppliers Further details on Mammoth solar financings Clearway closes financing of Pine Forest solar and storage Springfield’s City Utilities plans generation and storage projects CityFibre appoints Evercore to raise funds ZE Energy closes financing for French hybrid project Santos and TotalEnergies pen LNG supply deal Rio Tinto to develop lithium supply chain with UK firm Scatec closes first phase of solar project sale

This week, Naomi takes us through the top stories across project and infrastructure finance: BlackRock and Santander pen $1bn per year MoU CIP sounding out appetite for Fengmiao financing EBRD to back Masdar's Bilasuvar solar project Fastned selected for London EV charging hubs Ooredoo signs on data centre financing Taweelah C progressing Blackstone to invest £10bn in Blyth data centre Financing for Villeta green fertiliser project progresses Sparkfund sells EV charging tax credits to individual investor Hyundai seals ECA-backed $1.35bn deal for US EV plant Have you heard about Proximo’s online project finance training?  We've teamed up CC Solutions to create a flexible course you can complete at your own pace. Gain valuable insights into complex project finance concepts through real-world case studies and practical exercises. Join us today to become a project finance leader of tomorrow! Find out more here.

This week, Sam takes us through the top stories across project and infrastructure finance: Colombia’s ANLA expands permitting brief  bp plans sale of US onshore wind business Botswana licences its first manganese mining project BNZ secures funds for 17 solar PV plants Westbridge receives AUC approval for Dolcy Solar Start-up secures patents to make super-cheap power for H2 production REC backs renewables with $13bn of loans Golar takes FID on MK II 3.5mtpa FLNG ENCAVIS and Innovar Solar partner for solar developments Dimension Energy secures $150m facility from Deutsche Bank The Dealmakers of the Year Awards 2024 for Export Finance are returning on 19 November at the TXF Export Finance Dealmakers Assembly in Vienna. This is where we celebrate excellence in global dealmaking, with the worthy winners being announced in Vienna on 19 November. To find out more click here.

Key Appointments in Renewable Energy and Infrastructure   Host Azeem covers recent industry moves:   1.Reactivate hires Corey Stein as EVP of Finance. 2.Hunton Andrews Kurth adds Ayesha Waheed and Seyfi Can Kandemir to their Energy team in London. 3.Tom Sumpster joins CIBC as Head of Infrastructure Finance. 4.Syed Usman Ahmed becomes Managing Director at Apterra Infrastructure Capital. 5.Natalie Jackson is appointed CFO at rPlus Energies. 6.Eileen Stone joins Onyx Renewables as SVP of M&A.

This week, Sam takes us through the top stories across project and infrastructure finance: Financial close for Calcasieu River bridge Doral closes financing for remaining phases of Mammoth project Honduras launches first battery storage tender First Citizens arranges $145 million for Linea Energy SATORP's Amiral gets strong ECA backing Financial close for Khalifa University accommodation PPP Nigeria advances port water treatment concession UK awards 9.6GW in AR6 auction Lhyfe signs a five-year offtake agreement with H2 Mobility Ogi secures financing for Welsh fibre buildout   Make sure to mark your calendars for Proximo US Power, Renewables & Energy Transition Finance 2024 in Austin Texas on November 19-20. Join industry leaders and key project finance influencers in the US and be part of a dynamic exchange of ideas, strategies, and innovations aimed at shaping the future of the critical renewables and power landscape in North America. To learn more click here.  

Naomi takes us through the top stories this week across project and infrastructure finance around the globe: MGreen to buy stake in 550MW Bugallon solar project PIF-backed firm bids for 15% stake in Reko Diq BNP, CIBC to lead HH2E financing EDF wins 300MW project in Israeli tender Eni completes NAOC sale to Oando IHS considers selling tower business in Rwanda and Zambia AT&T secures grant funding for fibre roll out in California PGCPS Blueprint Schools Phase II reaches financial close BOEM advances planning for Hawaii and Guam offshore wind Unlock your potential and demystify complex project finance principles using real-world case studies and hands-on exercises through Proximo’s online project finance training. Take away the skills and knowledge to drive impactful investment decisions and propel your career forward. Find out more at proximoinfra.com.

Azeem reports on the latest personal changes in the industry, some include: Lieven Debruyne is appointed executive vice chair at Octopus Investments, Elena Millerman becomes a partner at Davis Polk, and Charles Langan steps in as CFO of ScottishPower.

This week, our team takes us through top global stories, highlighting: 60MW Tunisian solar plants receive funding package Aegis team to support Moroccan rail expansion ACCIONA Energia awarded Croatian CfD Alastair Shields appointed CFO of Queequeg Renewables All-island review of Irish rail published Alstom seeks buyer for Gorlitz factory Atlas ups offer for Millicom Aypa secures funds for Kuna BESS Brazil supports completion of Transnordestina freight line Blueleaf achieves financial close for Indian hybrid project   Make sure to mark your calendars for Proximo Africa, Agency, Energy & Infrastructure Finance 2024 on 29-30 October in Cape Town. This unique event brings the best of all things export, project, & development finance in Africa. To learn more and secure your spot, click here.