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Uganda’s $5-Billion Oil Export Pipeline Secures Initial Funding

OilPrice

The $5-billion East African Crude Oil Pipeline (EACOP), which is planned to export crude oil from Uganda via a port in Tanzania, has secured the first tranche of external financing for the project.

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Brookfield to Buy Colonial Pipeline

OilPrice

Brookfield Infrastructure Partners has struck a deal to acquire Colonial Pipeline for about $9 billion including debt. Brookfields equity investment in the company will be $500 million, representing 15% of the total equity investment in the deal, the finance company also said.

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Chinese Firm Wins Bid for $294m Iraq Pipeline Project

Iraq Business News: Oil & Gas

China Petroleum Engineering Corporation (CPEC) has announced that its wholly owned subsidiary, China Petroleum Pipeline Engineering has received a letter of award from France's TotalEnergies for a major gas infrastructure project in Iraq. China Petroleum Engineering Corporation is a subsidiary of China National Petroleum Corporation (CNPC).

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Carlyle, Diversified Energy to invest $2 billion in producing U.S. assets

Oil & Gas 360º

As investments occur, Carlyle intends to pursue opportunities to securitize these assets, seeking to unlock long-term, resilient financing for this critical segment of the nation’s energy infrastructure. “We We are excited to partner with Carlyle, a leader in the asset-backed finance space. CEO of Diversified Energy.

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Argentina set for M&A boom under Milei, with energy in focus, PwC says

Oil & Gas 360º

(BOE Report) – Argentina’s mergers and acquisitions market could grow significantly in the coming years if President Javier Milei’s economic reforms continue, Juan Tripier, director of M&A and corporate finance at PricewaterhouseCoopers (PwC) Argentina, told Reuters.

Energy 130
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Energy Vault achieves successful close of $28 million in project financing for the Calistoga Resiliency Center, the world’s first ultra long duration hybrid green hydrogen energy storage microgrid serving California’s PG&E

Oil & Gas 360º

NYSE: NRGV) (Energy Vault or the Company), a leader in sustainable, grid-scale energy storage solutions, today announced the successful close of $28 million in project financing for its Calistoga Resiliency Center (CRC). The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC.

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Uganda-Tanzania Oil Pipeline Secures First Tranche of External Financing

Rigzone

The group of backers include regional banks Afreximbank, Standard Bank, Stanbic Bank, KCB Bank and ICD-PS.

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