Exclusive Intelligence

NEP advances Humber CCS pipeline, UK

PROPRIETARY

The Northern Endurance Partnership has secured approval for £99.2 million of development funding to progress the Humber Carbon Capture Pipeline, a core part of the East Coast Cluster transport and storage system in north east England

Cubico nears refi close for wind asset, Uruguay 

EXCLUSIVE

Cubico Sustainable Investments is looking to close a refinancing for a wind project in Uruguay by year-end, IJGlobal can reveal

Pattern engages banks on $10bn SunZia financing

EXCLUSIVE

Pattern Energy is working on a tax equity purchase agreement and project financing of around $10 billion for its 3.5GW SunZia wind farm and transmission line, IJGlobal can reveal

CoreWeave upsizes convertible notes to $2.25bn as final t...

PROPRIETARY

CoreWeave has priced $2.25 billion of 1.75% senior unsecured convertible notes due 2031, increasing the deal from the $2 billion flagged in its preliminary offering memorandum on 8 December, according to a final term sheet seen by IJGlobal

Consolidated Energy plans debt issuance with creditors ci...

EXCLUSIVE

Consolidated Energy is working with financial advisor Rothschild & Co. and legal counsel Weil Gothsal & Manges as the firm seeks to issue new debt as part of a liability management exercise, IJGlobal can reveal

BayWa r.e. closes $417m financing for Cali solar-plus-sto...

PROPRIETARY

BayWa r.e. has secured a construction-to-term loan, preferred equity investment and tax credit transfer for its San Diego County solar and storage project, totaling $417 million

Credit funds in Brightline East propose a priming capital...

EXCLUSIVE

Hedge funds with a stake in Brightline East’s $1.1 billion of corporate debt, led by Redwood Capital Management, are crafting a plan to elevate their claims over other similarly situated creditors by offering new financing and concessions to the struggling high-speed rail operator, according to sources familiar with the matter

PosiGen sued over alleged diversion of solar lease cash

EXCLUSIVE

Project-level investors in residential solar developer PosiGen have launched an adversary proceeding in the company’s Chapter 11 case, accusing the debtor of unlawfully diverting customer lease revenue belonging to non-debtor project companies and using it to fund its bankruptcy

South Africa raises $691m in inaugural infra bond sale

PROPRIETARY

South Africa has raised R11.795 billion under its debut infrastructure and development finance bond

AfDB funds development of Namibia's Tsau Khaeb

PROPRIETARY

The African Development Bank has approved a $10 million loan to Hyphen Hydrogen Energy to support its $10 billion Tsau Khaeb green hydrogen project in Namibia

UPDATE: RAG progreses hydrogen+storage project, Austria

PROPRIETARY

RAG Austria will submit an application in autumn 2026 for project of common interest for the hydrogen storage facility element of H2Austria&Bavaria+Store

Philippine cancer centre PPP extended

PROPRIETARY

The timeline for the P9.5 billion greenfield cancer centre PPP in the Philippines has been extended, with the contract to be awarded as early as April 2026

Analysis & Case Studies

Infra Dig – Ravi Suri on PF, nuclear and climate change

Infra Dig welcomes back a regular guest for this latest episode that focuses on the role that project finance will play in the finance of nuclear power, how successful the COP30 summit was and – Ravi’s favourite topic – how PF can save the planet. KPMG's Ravi Suri tells all...

Pine Gate moves to block $95m ITC recapture in Carlyle deal

Pine Gate Renewables has asked a Texas bankruptcy court to approve an emergency settlement with corporate lender Carlyle to avert more than $95 million of investment tax credit recapture exposure tied to nine solar projects securing Carlyle’s debt

The Pine Gate auction: a sale that hinges on control

Pine Gate Renewables’ Texas bankruptcy is formally being run as a competitive M&A process, but court filings show that its senior lenders – Brookfield, Carlyle and Fundamental – have carved up de facto control of the platform through a restructuring framework tied to the debtor in possession financing

Infra Dig – Ecobank discusses African infra

The evolving landscape of financing infrastructure and energy across Africa is the focus for this latest episode of Infra Dig. Meinna Gwet, group head of corporate finance at Ecobank, gives a frank view of the market...

Other News

SA prequalifies transmission programme bidders

South Africa has prequalified 7 bidders under the first phase of the country’s inaugural R440 billion independent transmission project programme

Masdar withdraws from ReNew take-private deal, India

Masdar has withdrawn from the consortium that issued a take-private offer for ReNew Energy for around $3 billion

Google receives approval for England data centre

The Epping Forest District Council’s planning committee has approved Google’s outline planning application for a data centre at North Weald Airfield

SMBC, Deep Sky partner on DAC, CDR, Japan

SMBC and Deep Sky have formed a strategic partnership to explore DAC and CDR opportunities in Japan

Drax to accelerate BESS and data centre plans, UK

Drax Group said it expects full-year 2025 adjusted EBITDA to come in around the top end of market consensus, supported by strong performance across FlexGen, pellet production and biomass generation

Perth Airport advances runway project, Oz

Perth Airport has appointed BMD Group and CPB Contractors as contractors for the construction of a major component of its new runway project in Western, Australia

ITM secures engineering contracts in Australia, Canada

ITM Power has been awarded with 2 engineering contracts in Australia and Canada

OceanScape inks wind agreement, China

OceanScape has signed an agreement with Shandong Haijing New Energy Technology and China Energy Group Shandong Electric Power to bid for an onshore wind power project in Shandong Province, China

Philippines unveils draft GEAP 5 price

The Philippine Energy Regulatory Commission has set the preliminary reserve price at $0.17568/kWh for projects under the Green Energy Auction Program 5, the country’s first tender for fixed-bottom offshore wind

Uzbekistan launches school PPP tenders

The government of Uzbekistan released a request for qualification for up to 12 new school facilities in the Andijan and Samarkand regions

GIBO to develop Malaysia data centre

GIBO has revealed plans to develop the first phase of its AI data centre in Malaysia

MOL, Sinopec, Marubeni sign marine biodiesel MoU, China

MOL, Sinopec and Marubeni have signed an MoU to establish a long-term supply system for marine biodiesel fuel in China

Yanara appoints Oz solar, BESS delivery partner

Yanara has appointed Gamuda Australia as its delivery partner for the Mortlake Energy Hub, a solar and BESS project in southwest Victoria

Blue Mackerel offshore wind gets major project status, Oz

JERA Nex BP’s Blue Mackerel offshore wind project has been awarded major project status by the Australian government

Anthem secures funding for African renewables growth

South African independent power producer Anthem has secured an R8.5 billion funding facility, arranged by Rand Merchant Bank and Nedbank, to be used to accelerate the company’s growth strategy in the renewable energy market

Reports



IJGlobal ESG Report 2023

Welcome to the third issue of the annual IJGlobal ESG Report. In this latest publication we have drawn together some key features tracking progress in this crucial sector as it continues to build momentum

IJGlobal Energy Transition Report 2023

The Energy Transition Report 2023 – once again lifting the lid on this key element of international infrastructure finance which has seen early movers make significant strides as the industry takes action now in readiness for global regulation

IJGlobal League Tables – steady but refi down

This quarter, primary financing deals overall continue to hold steady although there has been a significant drop in refinancings

IJGlobal ESG Report 2022

We are delighted today to be publishing the second issue of the IJGlobal ESG Report, delving into environmental, social and governance issues as they impact the international infrastructure and energy community

IJInvestor Funds and Investors Report 2021

The year of 2021 proved a blockbuster year for infrastructure fundraising and M&A activity, according to IJInvestor research

IJGlobal League Tables – Q3 2020

IJGlobal today publishes league table findings for infrastructure finance and project finance of infra and energy transactions for Q3 2020, giving a global view of the sectors for deals closed in 2020 so far

US Election Report: Energy policy spotlight

In the impending US presidential election, the stakes are quite possibly as high as they’ve ever been, and the potential for disruption in the energy sector appears to be, well, as one of the candidate would put it: “yuge”

Q1 2016 league table analysis

Q1 2016 is the first quarter for which IJGlobal is publishing infrastructure finance tables...