Doral Renewables LLC has announced the closure of a significant construction debt financing deal, valued at $114 million, for its Great Bend Solar project. The financing arrangement was facilitated by HSBC, serving as the sole lender for the project. This deal is broken down into three main components: a $36 million construction-to-term loan facility, a […]
Texas LNG, poised to become a leading four million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal in the Port of Brownsville, has achieved a significant milestone by receiving sufficient expressions of interest from top project finance banks. This development ushers the project, a subsidiary of Glenfarne Energy Transition, LLC, into the execution […]
In a monumental stride toward realizing Hon’ble Prime Minister Shri Narendra Modi’s vision of a Natural Gas-based economy, the Hon’ble Union Minister of Petroleum and Natural Gas & Housing and Urban Affairs, Shri Hardeep S Puri, today marked a pivotal moment by dedicating 201 Compressed Natural Gas (CNG) stations and India’s first small-scale Liquefied Natural […]
Avangrid, Inc., a leader in sustainable energy and part of the Iberdrola Group, along with Copenhagen Infrastructure Partners (CIP) through its affiliate Vineyard Offshore, have announced a significant milestone for the Vineyard Wind 1 project. This project marks the first large-scale offshore wind initiative in the United States, now delivering clean energy to 30,000 homes […]
Redflow Limited (ASX: RFX), a prominent figure in the clean energy storage sector, has announced a significant development in its journey towards enhancing clean energy storage solutions. The company has received a formal Notice to Proceed (NTP) from Faraday Microgrids for a California Energy Commission (CEC)-funded project in California. This milestone marks a pivotal moment […]
Chevron U.S.A. Inc., through its Chevron New Energies division, has closed a deal to acquire 100% of Magnum Development, LLC, and thereby secure a majority interest in ACES Delta, LLC. The joint venture between Mitsubishi Power Americas, Inc., and Magnum Development is developing the Advanced Clean Energy Storage project in Delta, Utah. The ACES Delta […]