Moeve, Galp Explore Downstream Tie Up to Mobilize Transition Capital in Iberia
Moeve and Galp begin negotiations on a potential combination that would create two major European platforms covering industrial and retail mobility operations in Spain and Portugal Proposed IndustrialCo would target green molecules, low carbon fuels and industrial-scale energy transition projects for hard-to-abate sectors Proposed RetailCo would form a pan-Iberian mobility network of approximately 3,500 service […]
Zambia, Zimbabwe Commit $440M to Restore Bankability of 2,400 MW Batoka Gorge Hydropower Build
• Zambia and Zimbabwe will each contribute $220M to shore up the bankability of the $4.2B Batoka Gorge hydropower project• The 2,400 MW plant would provide 1,200 MW to each country, with implications for regional energy security and climate resilience• Revival efforts follow contract disputes, multi-year delays, pandemic disruptions, and severe drought impacts linked to […]
RWE, KKR Commit $15 Billion to British Offshore Wind Buildout
• Joint venture targets 3.1 gigawatts of new offshore wind capacity for the United Kingdom, enough to power roughly three million homes.• Total capital outlay for the two Norfolk Vanguard projects exceeds $15 billion, with first power targeted for 2029 and 2030.• Transaction reinforces investor confidence in the United Kingdom’s offshore wind pipeline after recent […]
Emirates NBD Issues $1 Billion Blue Green Bond to Finance Marine and Energy Transition Projects
Dual issuance includes the UAE and Gulf’s largest blue bond and expands sovereign regional sustainable finance activity Supports UAE sustainability priorities across marine ecosystems, water efficiency and energy transition Aligns with global growth in green and blue capital markets, now exceeding $5 trillion annually Emirates NBD launched its first blue green bond with a $1 […]
Bain, 1PointFive Agree on 9,000 Ton DAC Removals for Net Negative Strategy
Bain purchases 9,000 tons of engineered carbon removal credits from STRATOS DAC facility in Texas Credits support Bain’s net negative emissions goal and expand its engineered CDR portfolio Agreement highlights growing voluntary market demand for durable CDR ahead of policy and standards shifts 1PointFive, the carbon capture subsidiary of Occidental, has reached an agreement with […]
