Proximo Infra

Digital infrastructure leading US project finance activity in 2024 Digital infrastructure is the sector responsible for the greatest volume of US project finance activity so far in 2024. According to Proximo’s data, digital infrastructure has accounted for a significant portion of deals, followed by renewables and oil and gas with substantial amounts of deals, respectively. This trend may shift later in the year as further deals close in other sectors, but it is still a firm indicator of the present demand for project finance debt for digital infrastructure projects. Data centres are the primary driver behind the large volume of digital infrastructure debt raised by borrowers, with data centre deals making up a considerable portion of the total digital infrastructure financings closed. Increased demand for data centre capacity is largely linked to the rapid development of artificial intelligence. Renewables deal flow has already begun to be linked to the surge in data centre financings, given the high energy usage of most data centre projects. According to research by Goldman Sachs, data centres currently consume a small percentage of all power produced globally, but this percentage will likely rise to a higher range by the end of the decade. Subscribers can access more of Proximo data here: https://lnkd.in/du6gmwqJ If you're not a subscriber, explore Proximo's subscription options here: https://lnkd.in/dUgMipF7 #Proximo #DigitalInfrastructure #ProjectFinance #Renewables #OilAndGas #DataCentres #EnergyUsage Source: #ProximoIntelligence

🚀✨ Don't Miss Out! Super Early Bird Discount Ends August 30th! ✨🚀 Seize the opportunity to attend the premier Project Finance Event for Power, Renewables, and Energy Transition! Join us in Austin, TX, from November 19-20, and connect with the industry's top players to forge new deals and partake in pivotal discussions shaping the future of renewables and power in North America. This event attracts leading developers, funds, banks, law firms, government agencies, insurers, and more. Major companies like Exxon Mobil, National Grid, RWE, Vestas, Pattern Energy, and others will be there! See the current attendee list here: https://lnkd.in/di_ThYKQ Highlights of the event include: 🗣️ Expert Keynotes 💼 Panel Discussions 🌐 Unmatched Networking Opportunities 🌟 Insightful Workshops 📈 Innovative Financial Strategies 💡 Cutting-Edge Industry Insights 🤝 Deal Origination Sessions Secure your spot today and book now: https://lnkd.in/dYaSA43d Check out the latest agenda here: https://lnkd.in/dVEzCtKZ #ProximoUS24 #ProjectFinance #NationalGrid #USPower #EnergyTransition #DataCenters #Renewables

🎙 Proximo's Deputy Editor, Thomas Hopkins talks to Jeff MacKay and Oscar Manuel Batres at AES about The AES Corporation's international energy portfolio, including a discussion of key sectors and markets, as well as the energy transition and capital allocation strategies. 🎧 Listen to the podcast here: https://lnkd.in/dCiDYQv2 #Proximo #EnergyTransition #CapitalAllocation #EnergyMarkets

📹 Proximo spoke with Natalie Kedikoglou, general counsel (Greece) at Eldorado Gold Corporation to discuss the pathfinder Skouries gold mine financing. With EBRD participation at the parent level, the scheme will make Greece the third biggest European gold producer. Find the interview here: https://lnkd.in/dbA9SUnH #Proximo #SkouriesMine #GoldMining #GreeceMining #MiningFinance

🌟 Enhance your dealmaking potential using Proximo's Platform 🌟 Have you created your profile as a dealmaker yet? Our platform features a comprehensive Dealmakers database, showcasing the profiles of all successful deal creators. By clicking on a profile, you can view their activity, including all the deals they've participated in, with a detailed breakdown by industry and region. 🔖 To become a recognised dealmaker, simply tag yourself in the deals you've been involved in. You can find the complete database of all deals here. Already have a profile? Don't forget to keep it updated by adding any new deals you're working on. 🔗 Explore all deals here: https://lnkd.in/dQjXVub9 📧 If you have any questions, feel free to contact our team: [email protected] Who knows, you might be our next Dealmaker of the Year! 💪 #Proximo #Dealmakers #DealMaking #Finance #Networking

Latin American transmission deal volume increases in 2024 Total financing activity for Latin American electricity transmission projects is already higher in the first half of 2024 than in the whole of 2023. According to Proximo data, several deals totaling a significant amount have closed so far in 2024, compared to a slightly higher number of deals with a lower total volume in 2023. Financing volumes for Latin American electricity transmission infrastructure have proved erratic in recent years, rising significantly in 2021 before falling in 2022. The limited capacity of electricity grids is among the greatest obstacles to renewable energy development in a number of Latin American countries. Chile is a notable example, with a substantial percentage of renewable energy production lost due to grid capacity constraints, according to ENGIE. Northern Chile has been particularly affected by these constraints, leading some renewables developers to seek other locations for projects. For example, SOLEK HOLDING CHILE took a deliberate decision to avoid developing projects in the north of Chile as part of its solar portfolio. A major financing for the portfolio reached financial close last year. Subscribers can access more of Proximo data here: https://lnkd.in/du6gmwqJ If you're not a subscriber, explore Proximo's subscription options here: https://lnkd.in/dUgMipF7 #Proximo #LatinAmerica #ElectricityTransmission #RenewableEnergy #GridCapacity Source: #ProximoIntelligence

🎙 This week, Maura Murphy takes us through top stories across project and infrastructure finance, including: 🔹CGF investing in Strathcona Resources Ltd. CCS infrastructure 🔹1PointFive sells CDRs to Microsoft 🔹Avangrid selling Kitty Hawk offshore wind lease to Dominion 🔹Cedar Expansion construction financing signed 🔹Celepsa taps sustainability-linked debt 🔹Additional information on Be.EV EV charging financing 🔹Clean Energy Infrastructure Fund raises solar loan 🔹Adani Group to spend $9bn on green hydrogen in Gujarat 🔹Asian Development Bank (ADB) approves support for power sector reforms in Sri Lanka Listen to the podcast here: https://lnkd.in/dvaq9uXk #Proximo #Podcast #projectfinance #infrastructurefinance #industrynews

European EV charging projects are very slowly attracting more lender appetite. But they are still far from vanilla and the debt is higher priced than other renewables sectors. In the latest feature, Thomas Hopkins discusses the evolution of project financing for consumer EV charging points, noting their historically limited availability but the emergence of more robust and bankable structures. Recent deals, such as the £55 million financing for Be.EV and the €75 million for Electra, illustrate this trend, employing non-recourse debt with mini-perm structures and plans for refinancing post-ramp-up. Read the full feature here and find our Proximo's perspective: https://lnkd.in/dSje48eg #EVcharging #renewables #ProjectFinance #RenewableEnergy #GreenFinance #Sustainability

🎓 Master Project Finance with Proximo’s Online Training Course 📊 Explore Module 1 - Introduction to International Project Finance: 🔹Understand the definition, history, and fundamental principles of project finance. 🔹Compare project finance with corporate finance. 🔹Dive into the detailed project financing process. Subscribers can access the whole course here: https://lnkd.in/dVNExSzs Enquire about our online project finance training as part of a Proximo Intelligence subscription and gain exclusive access to our data, analysis, insights, and stay ahead with the latest industry trends! https://lnkd.in/daSjyaED #ProximoOnlineTraining #ProjectFinance #FinanceEducation #FinancialTraining #CareerGrowth

📹 Our sister brand, TXF spoke to Iyad Abdal, Group CFO of Power International Holding (PIH) to outline the company’s market penetration strategy across global real estate, hospitality, dairy markets, contracting, and healthcare. And PIH's business cluster is expanding with its recent acquisition of a telco in Kazakhstan. Find the interview here: https://lnkd.in/d4xjXizA #Proximo #Telecom #CFOInsights #CorporateFinance #BusinessDevelopment #InternationalBusiness