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NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

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FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. million shares of common stock at a price $3.35 per annum for construction-period financing and 8.0% The warrant has a term of three years. The interest rate is 8.5%

Financing 244
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DOE issues Request for Information on financing strategies for light-duty H2 fueling infrastructure

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The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. Category 4: Fuel cell vehicle suppliers.

Financing 270
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Commentary: Could falling oil prices spark a financial crisis?

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Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. As is the nature of the junk-bond market, lots of money flowed to companies with much riskier drilling prospects than, say, the oil majors.

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Ford developing a strategy to address urban personal mobility globally; a mobility company, not just an auto company

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Ford Motor Company is mapping out a strategy to address the requirements for personal mobility in the context of the megatrend of increasing global urbanization, both in mature economies as well as in emerging markets. But we’ll work with companies that will do that. Rough map of Ford’s Blueprint for Mobility. Click to enlarge.

Personal 331
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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. the company paid Imerys approximately CDN$17.8 and a CDN$23-million equity offering lead by Sprott Capital Partners LP.

Namibia 284
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Workhorse secures $200M in financing from institutional lenders

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million and will be used to increase and accelerate production volume, advance new products to market, replace previous higher cost financings, and support current working capital and other general corporate purposes. million outstanding principal amount of those notes for shares of the company’s common stock.

Financing 186
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. billion raised—up 63% on the previous year. The 2Q figure, at $3.9

Financing 243