REPORT
Proximo Weekly: Degrees of separation
A challenge by the Anthropocene Fixed Income Institute (AFII) to Barclays and HSBC for their work on a recent JBIC bond issue marks a new front in the conflict over funding for environmentally questionable projects. Is ECA fundraising the new green battleground?
REPORT
Smaller and freer: Brazilian solar steals the renewables spotlight
A year of pandemic has accentuated structural changes to the Brazilian renewables market that began before 2020. Solar projects and the free energy market are where most interest is now focused – and that looks set to continue for the next few years.
REPORT
Proximo Weekly: Turkish project deal flow - a steady drip feed
Lira depreciation, high inflation, sovereign ratings downgrades and pandemic economic fallout make for a very difficult market – but deals in some Turkish project sectors are still getting done.
REPORT
Chile Electricity PEC: Passing on the savings
Chile froze consumer power prices in 2019, leaving power distribution companies with losses and unable to pass inflation and dollar indexation increases in traditional generation PPAs along to consumers. The new Chile Electricity PEC template effectively enables savings made from renewables generation priced below the price freeze to be used to bridge that gap.
REPORT
Proximo Weekly: What the energy transition really means
Whether driven by the scientific evidence for climate change, the growing ESG-aware shareholder movement or basic economics, the world's biggest energy providers are putting energy transition higher on the financing agenda than it has ever been before.
