Exclusive Intelligence

BP nears Ruhr Oel sale, Germany

EXCLUSIVE

BP Europe is targeting to sell Ruhr Oel GmbH – the business that owns the Gelsenkirchen refinery in Germany – before the end of the year, IJGlobal can reveal

HPCL secures loan for India refinery cost overrun

EXCLUSIVE

HPCL Rajasthan Refinery – a JV between state-owned refiner HPCL and the Rajasthan government – has closed an additional financing to meet cost overruns to its upcoming 9MMTPA refinery, IJGlobal can reveal

HPCL JV secures loan for Nagaland gas project

EXCLUSIVE

HPOIL Gas Private Limited – a 50/50 JV between Indian state entities Hindustan Petroleum Corp and Oil India – has closed a Rs7.33 billion financing for a project in Nagaland, IJGlobal can reveal

FIC raises $224m for US energy fund

EXCLUSIVE

FIC Partners Management has launched and begun fund raising for its second energy infrastructure fund, IJGlobal can reveal

Clifford Capital markets its biggest Infra ABS

PROPRIETARY

Clifford Capital Holdings has mandated banks for its seventh infrastructure asset-backed securities issuance, Bayfront IABS VII, as the Singapore-headquartered infrastructure lender continues to deepen its securitisation programme

Breakwall hits first close on flagship US energy fund

PROPRIETARY

Breakwall Capital, an asset management firm focused on the energy sector, has reached first close on its inaugural fund

IJGlobal Funds and Investors Report Q3 – return of the me...

EXCLUSIVE

Fundraising within the infrastructure fund space was extremely active in the first 9 months of 2025, with activity outpacing that of prior years despite market turmoil in the energy sector

Igneo eyes Asian LP growth for next fund

EXCLUSIVE

Igneo Infrastructure Partners is preparing to launch its fourth Europe-focussed infrastructure fund, with a target size of $4.7 billion, as it steps-up engagement with Asian investors seeking exposure to core-plus assets in Europe, IJGlobal can reveal

IJGlobal League Tables Q3 – PPPs make tentative comeback

EXCLUSIVE

Infrastructure finance was down in the first 9 months of 2025 when compared to the same time period last year

A&M taps AFRY talent for Asia infra push

EXCLUSIVE

Global advisory firm Alvarez & Marsal has poached a senior executive from AFRY to bolster its infrastructure and capital markets practice in key markets in Asia Pacific, IJGlobal can reveal

Botswana's MDCB confirms equity in Serowe

PROPRIETARY

Botswana’s mining investment arm, Mineral Development Company, has confirmed its intention to acquire 15% equity in Botala Energy’s Serowe Coal Bed Methane project

SSE, Equinor weigh up financing for UK hydrogen CCGT

EXCLUSIVE

SSE Thermal and Equinor are weighing project financing as a funding option for the proposed Keadby Next Generation Hydrogen Power Station, IJGlobal can reveal

Analysis & Case Studies

IJGlobal Regional Report – MEA, H1 2025

Infrastructure activity in the Middle East and Africa decreased in the first half of 2025 compared to 2024, with oil and gas, renewables, and power transactions driving overall market activity

IJGlobal Regional Report – Latin America, H1 2025

IJGlobal’s regional report for Latin America shows no bright spots in infrastructure finance with drops across the board

IJGlobal Regional Report – North America, H1 2025

The North America region saw a decrease in infrastructure finance activity compared to the same half in 2024

IJGlobal Regional Report – APAC, H1 2025

The Asia Pacific region saw a decrease in infrastructure finance activity in the first half of 2025, when compared against the same half in 2024

Other News

Pembina, Petronas ink 20-year LNG deal, Canada

Pembina has signed a 20-year agreement with Petronas for 1 million tonnes per annum of liquefaction capacity at the Cedar LNG facility in Canada

Santos prices US dollar issuance

A subsidiary of Australian natural gas company Santos has priced a $1 billion senior unsecured fixed-rate bond transaction

White & Case hires Houston partner

White & Case has hired Joshua Teahen as a partner in Houston, expanding its global mergers and acquisitions practice, global energy industry group and global private capital industry group

Baker Botts expands with M&A partner team, UK

Baker Botts, the international law firm specialising in energy, technology and life sciences, has expanded its London office with the addition of energy M&A partners Alex Msimang and Nadine Amr, both joining from Vinson & Elkins

Shell-led consortium, ANPG sign allocation agreement, Ang...

The National Agency of Petroleum, Gas and Biofuels has signed an Agreement of Principles with a consortium comprising Shell, Equinor, and Sonangol for the future allocation of 17 offshore oil and gas blocks in Angola

Eni, Petronas to form Indonesia, Malaysia upstream JV

Eni and Petronas have signed a binding agreement to form NewCo, a JV satellite company that will manage 19 upstream assets across Indonesia and Malaysia

SM Energy, Civitas Resources to merge, US

SM Energy has signed a definitive merger agreement with Civitas Resources for an all-stock transaction valued at around $12.8 billion

Sierra Leone, Eni sign for offshore exploration

Sierra Leone and Eni have signed a reconnaissance permit agreement for exploration activities across offshore blocks G113, G129, G130, G131 and G132

Santos preps US dollar issuance

A subsidiary of Australian natural gas company Santos has kicked off investor calls in preparation for its planned issuance of 10-year US dollar-denominated bonds

Gunvor to buy Lukoil's international assets

PJSC Lukoil has received an offer from Gunvor Group to purchase Lukoil International – a fully-owned subsidiary of PJSC, which holds the international assets of Lukoil Group

NNPC seeks refinery equity partners, Nigeria

The Nigerian National Petroleum Company is seeking technical equity partners to help revive its refineries in Port Harcourt, Warri and Kaduna

Aramco completes Jafurah leaseback deal, Saudi Arabia

Aramco has completed the $11 billion lease and leaseback investment agreement for its Jafurah gas processing facilities with a consortium of international investors led by Global Infrastructure Partners, a part of BlackRock

POSCO, Equinor ink offshore, LNG deal

POSCO International has signed a strategic agreement with Norway-headquartered Equinor to expand collaboration in offshore wind power, steel supply and LNG

EnCap closes continuation vehicle, US

EnCap Investments has closed a $2 billion continuation vehicle for Pittsburgh-based PennEnergy Resources

Glenfarne, Tokyo Gas sign Alaska LNG agreement

Glenfarne and Tokyo Gas have signed an LOI for an offtake of 1Mtpa of LNG from the Alaska LNG project

Reports



IJGlobal Funds & Investors Report Q3 2025 – return of the...

Fundraising within the infrastructure fund space was extremely active in the first 9 months of 2025, with activity outpacing that of prior years despite market turmoil in the energy sector

IJGlobal League Tables Q3 2025 – PPPs make tentative come...

EXCLUSIVE

Infrastructure finance was down in the first 9 months of 2025 when compared to the same time period last year

IJGlobal Regional Reports – H1 2025

IJGlobal today pulls together a final piece on international infrastructure financing from over the course of the first half of 2025, combining all data gathered from the regional reports

IJGlobal H1 2025 Funds & Investors League Tables

The first half of 2025 was marked by uncertainty, however, that turmoil did not deter the infrastructure fund community, with more funds reaching final close compared with years prior

IJGlobal Funds & Investors Report H1 2025 – surge of fina...

There was a significant surge in fundraising in the first half of 2025, the just-released IJGlobal Funds & Investors Report shows

IJGlobal League Tables H1 2025 – infra finance stumbles

The first half of 2025 saw a significant decrease in infrastructure financing, IJGlobal’s Infrastructure and Project Finance League Table Report shows

IJGlobal League Tables Q1 2025 – primary financing resurg...

In a quarter that saw a decrease of infrastructure finance, some 20% down when held against the same time period last year, there was – however – a significant increase in primary financing

IJGlobal Regional Reports – FY 2024

IJGlobal today pulls together a final piece on international infrastructure financing from over the course of the 2024 calendar year, combining all data gathered from the regional reports