The £395 million finance package for the Thurrock project was provided by a syndicate of six major banks. Energy storage developer Statera Energy has announced that it has secured a total of £395 million in finance for a major battery...
Ignitis Group, an integrated renewable energy company in Lithuania, announced that it has signed a 20.7 million euro financing agreement with Swedbank to refinance the obligations of EURAKRAS, its subsidiary managing a 24 megawatt (MW) wind farm in the...
The UK has joined a growing list of countries using their export credit agencies (ECAs) to gain an advantage in the global tussle over the supply of critical minerals. UK chancellor Rachel Reeves announced that companies supplying critical minerals to...
Denmark's economic growth expected 2.3% in 2024, 2.6% in 2025, 1.9% in 2026. Fitch Ratings said it affirmed Denmark's long-term foreign currency issuer default rating at 'AAA' with a stable outlook. The rating agency said Denmark's rating is supported by a...
Lending income at Spain's Caixabank came under pressure in the third quarter from lower interest rates, even while the lender reiterated its high single-digit growth guidance for 2024 because of controlled funding costs. While interest rates were rising, Spanish banks...
'We expect Qatar to remain one of the largest exporters of LNG globally,' says rating agency. Standard & Poor's (S&P) announced that it affirmed Qatar's AA long-term credit rating with a stable outlook. The stable outlook reflects Qatar's fiscal and external...
Jupiter Power LLC, a leading developer and operator of utility-scale battery energy storage systems, announced today the successful close of a $225 million corporate credit facility. The transaction strengthens Jupiter Power's ability to advance its expanding U.S. portfolio, which...
China’s largest lenders posted a rise in third-quarter profits, although margins were slimmer for some. The frontrunner was Agricultural Bank of China (AgBank), which reported a 5.88 per cent rise in third quarter net profit. Four of the country’s other biggest...
The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown. Gross domestic product, a measure of all the goods and services...
Inflation expected falling to central bank's 2%-3% target range by end of 2025, from 3.5% in 3Q24. Fitch Ratings said it affirmed Australia's long-term foreign currency issuer default rating at 'AAA' with a stable outlook. The rating agency said Australia's rating...
