Spanish renewables giant Iberdrola has secured an agreement that gives it an option to enter five offshore wind projects in the Philippines at very early stages of development.

Construction has been progressing on the Agra Metro Mass Rapid Transit System in the Indian state of Uttar Pradesh, after the European Investment Bank (EIB) formally signed off on a €450 million (US$510.4 million) loan for the project in December.

PT Lotte Chemical Indonesia (LCI), a subsidiary of Kuala Lumpur-based Lotte Chemical Titan Holding Berhad, has signed the engineering, procurement and construction (EPC) contracts for an integrated petrochemical facility in Indonesia.

Norway's Hoegh LNG Holdings has signed an agreement for a 10-year floating storage and regasification unit (FSRU) charter with Terminal de Regaseificacao de GNL de Sao Paulo (TSRP).

South Korean construction company DL E&C has signed a contract for designing and procuring equipment for a major gas and chemical plant in Russia. The contract, signed with the Russian Baltic Complex Project, is valued at 1.6 trillion won (US$1.33 billion).

Adani Green Energy Ltd (AGEL) has signed an agreement with Solar Energy Corporation of India (SECI) to supply 4,667 megawatts of green power.

Saudi developer Acwa Power has finalized the project agreements for the 100-megawatt Nukus wind project in the northwestern Karakalpakstan region of Uzbekistan.

SMBC Bank EU and Société Générale have provided a sustainability-linked loan to Emerald Blue Maritime, a wholly owned subsidiary of Japanese shipping company Mitsui O.S.K. Lines (MOL), to finance the acquisition of one of the world’s largest LNG bunkering vessels.

Japan Bank for International Cooperation (JBIC) has signed a US$522 million buyer's credit (export finance) agreement with Irkutsk Oil Company (INK) of Russia for the construction of a new petrochemicals plant in East Siberia.

Japan Bank for International Cooperation (JBIC) has signed a loan with Mitsubishi Corporation for additional development of a copper mine in Peru. The loan is co-financed with MUFG Bank providing US$21 million alongside JBIC's US$30 million. The loan is intended to provide part of the funds that Mitsubishi will provide for introducing a coarse particle flotation process, which enables copper recovery from coarse copper ores, to the Quellaveco Copper Mine Development Project undertaken by Anglo American Quellaveco (AAQ), a Peruvian affiliate of Mitsubishi.

Seaspan Corporation, a wholly owned subsidiary of NYSE-listed Atlas Corp, has announced the closing of an innovative US$838 million financing for new container ships. The transaction combines a Japanese operating lease with call option (Jolco) with a 12-year syndicated loan backed by China Export & Credit Insurance Corporation (Sinosure).

A group of companies founded by Hong Kong billionaire Li Ka-shing has agreed to sell its AMCK aircraft leasing venture to an entity managed by global investment firm Carlyle for US$4.28 billion. Maverick Aviation Partnership, an investment vehicle managed by Carlyle Aviation Partners, will acquire 125 primarily narrowbody aircraft and an order book of 20 A320/321 neo aircraft. The total appraised value of the existing fleet is in excess of US$4 billion, not including the order book.

British oil major BP has signed a sale and purchase agreement with State Power Investment Corp (SPIC) to supply pipeline natural gas to Guangdong province for a period of 10 years starting from 2023.

The International Finance Corporation (IFC) is extending a US$70 million loan to Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), one of Vietnam’s leading banks in climate finance, to increase its funding for renewable energy projects in the country.

A consortium represented by Mitsubishi Corporation Energy Solutions has been appointed for three offshore wind power developments in Akita, northern Japan, and Choshi City in Chiba Prefecture, close to Tokyo.