EBRD is lending €15 million (about $16.2 million) to renewable energy producer Photon Energy to support its activity in Romania and Poland.EBRD’s investment will enable Photon to complete the construction of a portfolio of six solar parks in Romania with a total installed capacity of... More

IFC and Absa Group will provide a commodity trade finance facility of up to $60 million to green coffee merchant Volcafe to strengthen the company's operations in East Africa.The financing will provide working capital to facilitate the purchase of coffee cherries – the fruit from which... More

The French government has promoted a private sector plan to develop a nickel and cobalt refinery near Bordeaux to reinforce the country's supply chain for electric vehicle batteries and reduce its reliance on China.The €300 million ($323.49 million) project from Swiss-based KL1, presented... More

India Exim Bank is planning to borrow around $3 billion-$3.5 billion in foreign currency in the fiscal year 2024-25. Despite geopolitical concerns, the bank is optimistic about achieving a credit growth of more than 10-12% in the ongoing fiscal year. The bank's research wing predicts a 12.4%... More

May Health, a clinical-stage medical device company dedicated to helping those living with the endocrine disorder polycystic ovary syndrome (PCOS), has closed a $25 million Series B financing round, co-led by Bpifrance and Trill Impact.The round also saw participation from founding investor... More

Italian energy group Eni could spin off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development while focusing more capital on low-carbon activities, company sources said.Such deals would expand veteran CEO Claudio Descalzi's... More

Caprice Resources has entered a binding option deal with HJH Nominees to acquire a 90% interest in the Bantam Project in the West Arunta region of Western Australia.The project comprises four contiguous tenements, including one granted exploration licence and three applications, spanning... More

TechnipFMC has been awarded a subsea contract by Woodside worth up to $250 million to support ongoing production from Pluto LNG terminal. It is an integrated engineering, procurement, construction, and installation contract.TechnipFMC will be responsible for designing, manufacturing, and installing... More

Anglo American has rejected a second takeover approach by Australian rival BHP that values the London-listed mining company at £34 billion (almost $42.7 billion).BHP said that Anglo’s board had not engaged with its offer, which came after an initial £31 billion offer was also... More