Jordan Stutts

First proposed in 2008, the 1,179-mile pipeline that is planned to transport oil from Canada to the US gulf coast still lacks approval from Nebraska.

The UK-listed renewable energy investor said it plans to close on the acquisitions of an energy storage project and a wind farm in the first half of this year.

The Canada Infrastructure Bank will invest C$35bn over the next 11 years, focusing on transit, transportation and the electricity grid.

Interest deductibility could allow companies with sizeable overseas assets to bring cash back to the US and spend big on infrastructure, lawyers at Debevoise said.

Foresight Energy LP, a Missouri-based coal producer, is offering $425m in bonds and is adding two credit facilities worth a combined $995m.

For 3.72bn reais, companies from France, Germany and Switzerland won contracts to operate and expand four of Brazil’s busiest airports.

Avangrid Renewables won the US’s seventh lease auction for offshore wind development.

The firm’s policy and strategy director, Jonathan Levy, said that “even without federal support” clean energy and sustainable assets are a good investment opportunity.

Capital Dynamics is the lead investor on the two projects under development in North Carolina and Ohio.

The firm hopes to reach a €500m final close by the end of next year.