Project Finance

Hyundai Mobis has secured a $490 million term loan facility from Australia and New Zealand Bank Group (ANZ) to fund four EV manufacturing plants in Georgia, establishing its presence in the US EV market.

SoftBank and Ares Management-backed SB Energy Global has secured $2.4 billion in financing for solar projects that are the first to qualify for the federal tax credit domestic content bonus.

The Bureau of Land Management (BLM) is set to conduct three oil and gas development lease sales in the states of Wyoming, Mississippi, Nevada, Oklahoma and New Mexico.

Enel is planning to invest $5.7 billion across its core markets in Latin America for the period 2024-2026.

Investment manager Kimmeridge Energy Management’s carbon capture-focused vehicle Kimmeridge Carbon Solutions, has teamed up with UK-based decarbonization development business Storegga to advance carbon capture usage and storage (CCUS) projects.

Infinium's first-of-its-kind efuels project for sustainable aviation fuel (SAF) has received a $75 million equity investment commitment.

Electrical connector manufacturer Stäubli Electrician Connectors has signed an agreement with SSA Terminals to provide electric vehicle (EV) charging stations for its 33 terminal tractors at the Port of Long Beach, California.

AES Andes has secured environmental approval to move forward with its project to repurpose a coal-fired facility for energy storage in Chile.

Atlas Renewable Energy has landed a $448 million (R$2.18 billion) financing from development bank BNDES for a solar complex in Brazil.

French renewables developer CVE is adding a small-scale solar project to its pipeline in Chile.

Excelsior Energy Capital has closed a $1.3 billion financing deal for its 682MW Faraday Solar project in Utah, which has a long-term power contract with technology giant Meta through utility PacifiCorp.

Renewables company Brightcore Energy and clean power business Altus Power have joined forces to develop a 16,000-panel solar project spanning 19 properties.

Utility-scale solar and storage developer Primergy has closed a $300 million debt financing and tax equity deal for its 100MW Prairie Mist Solar Project in Arkansas.

German-based energy giant RWE will continue its €55 billion ($60.2 billion) Growing Green initiative – investing in renewable energy, batteries, flexible generation and hydrogen – with an estimated €20 billion ($21.9 billion) to be allocated to future US investments by 2030.

Texas lawmakers via a two-thirds margin voted in a controversial constitutional amendment that authorizes a $10 billion Texas Energy Fund aimed at providing low-interest loans to build gas-fired power plants, develop microgrids and modernize portions of the state’s electric grid.

AES Dominicana Renewable Energy (ADRE) has secured a $368 million financial package to for the DBFOM of 3 renewable energy projects and to refinance short-term debts.

Brazilian development bank BNDES has approved a R$157 million ($32m) loan package to Bioo Holding for the development of a biomethane plant in Triunfo, Rio Grande do Sul state.

Ameresco is to build a 50MW/200MWh battery energy storage system (BESS) for CAISO utility Silicon Valley Power (SVP) in Santa Clara, California.

Renewable developer Longroad Energy has secured $600 million in debt financing for its wind, solar, and battery portfolio across the US.

Spanish company Jepri Group signed a Memorandum of Understanding (MoU) with the Government of Ceará for a €3.3 billion green hydrogen plant in the Brazilian state.