Nova Minerals (ASX:NVA) is the latest mining company to execute a debt conversion agreement with global investment firm Nebari. The company has reached an agreement with Nebari Gold Fund 1 to eliminate its existing convertible debt facility by converting the outstanding balance into ordinary shares.  Elimination of the Nebari note follows the company’s sale of […]

Operator MTN Uganda says it has secured UGX370 billion (about US$100 million) in committed debt financing from five local banks. This debt financing is described as one of the largest local currency debt transactions in Uganda. The syndicated debt facility from five local banks was 1.6x oversubscribed. MTN Uganda says this deal […]

Electric vehicle (EV) financier Mufin Green has secured an $18 million loan from the United States International Development Finance Corporation (DFC). The duration of the loan is 10 years. “The funding will help us strengthen our position in the electric vehicle sector and expand our range of financial solutions for everyone involved in the EV […]

Empire Wind 1 will power 500,000 New York homes and is expected to reach its commercial operation date in 2027. The expected total capital investments, including fees for the use of the South Brooklyn Marine Terminal (SBMT), are approximately USD 5 billion including the effect of expected future tax credits (ITCs). Jens Økland, acting executive […]

Capricorn’s Technology Impact Fund II led the $135 million corporate equity round. Fervo is excited to welcome new investment and continued support from a suite of high-caliber investors, including Breakthrough Energy Ventures, CalSTRS, Congruent Ventures, CPP Investments, DCVC, Devon Energy, Galvanize Climate Solutions, Liberty Mutual Investments, Mercuria, and Sabanci Climate Ventures. “The demand for 24/7 […]

Investors are showing renewed interest in the multifamily market, driven by pent-up demand, interest rate stability and normalizing apartment supply trends. This improved sentiment could prove to be a catalyst for sales activity in the multifamily market as a wave of loans mature in the coming two years, according to Gray Capital’s 2025 multifamily forecast. […]

Mumbai: Tata Sons has directed the management of all group companies, especially new businesses such as Tata Digital, Tata Electronics and Air India, to independently manage their debts and liabilities, discontinuing the practice of providing letters of comfort and cross-default clauses to lenders, officials aware of the development told ET.All future capital allocation into these […]

Kenya’s Hydrobox has secured $9 million in debt financing from FMO, the Dutch entrepreneurial development bank Kenya’s Hydrobox has secured $9 million in debt financing from FMO, the Dutch entrepreneurial development bank, to further its mission to revolutionize rural electrification. This funding will empower Hydrobox to expand its hydro-powered mini-grid projects, making clean and affordable […]

U.S. Treasury Secretary Janet Yellen‘s strategy of relying heavily on short-term debt financing could create significant market turbulence as President-elect Donald Trump prepares to take office, according to financial experts and market data. What Happened: Charles Gasparino, New York Post columnist, warned that Yellen’s approach of rolling over short-term debt instead of issuing longer-dated bonds […]

Wipro, a leading technology services and consulting company, has announced a collaboration with NVIDIA to help healthcare companies accelerate adoption of generative artificial intelligence (gen AI) through AI-driven strategies, products, and services. Wipro will leverage NVIDIA AI Enterprise software for the production of AI across its current portfolio of healthcare solutions in Affordable Care Act […]