The Proximo 2019 Festive Trends Round-up
In a year of immense change for energy, infrastructure and project finance, Proximo Transmission's regulars pick the trends that mattered in 2019 - and the trends that...
In a year of immense change for energy, infrastructure and project finance, Proximo Transmission's regulars pick the trends that mattered in 2019 - and the trends that...
Indonesia’s state-owned power utility PLN has yet to close a single power project financing in 2019 amid a year of economic slowdown and elections. However, Teguh...
Could emerging markets benefit from the presence of a bond market with an expansive definition of infrastructure and a willingness to look at a wide universe of issuers?...
With Chilean power going green by 2040, and growing demand from domestic corporate energy buyers for renewables offtake, coal-fired power operators are having to look at...
Commodity hedges have evolved, but the challenges to providers and asset owners have continued. In the last of a series on US market risk, Proximo talks to Paula Torres,...
Institutional investors are starting to finance the German passenger rail markets thanks to two innovative deals this year for networks in Ulm and Sachsen-Anhalt. And the...
The Mariner-developed junior risk transfer product is almost a mainstream way of laying off project finance exposures. But does it need more counterparties, and might...
US lenders are still more happy adding a little merchant risk to proven power technologies than taking a leap into the unknown. Proximo reviews current market trends with...
How do you refinance a toll road that has been making losses since it opened in 2014? Brebemi appears to have done so – but the debt is not cheap and the solutions to the...
Orsted's share price took a battering recently when it announced downward revision of predicted returns from its offshore wind portfolio due to wake and blockage effects....
Pertamina EP Cepu's recent Jambaran-Tiung Biru project financing was a first on many levels for Indonesian oil and gas, setting benchmarks for multi-sourcing debt and...
As surely as bust follows boom, project work-outs follow a loosening of deal structures. And lenders need to learn to keep forecasts realistic. Proximo hosts...
France’s first offshore wind farm project financing – the 480MW Saint Nazaire scheme – had an extended deal gestation of over seven years after facing several legal and...
Dubai Electricity and Water Authority (DEWA) pulled in record low tariff offers this month for its latest 900MW solar PV scheme – DEWA V. But there is no promise from...
With the sponsors of the Formosa 2 offshore wind project concluding the final details of an ECA-backed debt financing, confidence in the bankability of Taiwan's...
The DFI-backed Da Mi floating solar power project financing has proved the viability of such schemes in Vietnam. But the government needs to provide more lender comforts...
Green certification is very popular with bank and corporate bond issuers, but project bond and emerging market issuers have been more wary. Proximo talks market...
Turkey has long been the European comeback king of project and trade borrowing. And against all the economic odds, the cost of debt in both markets appears to be falling...
The macro backdrop to infrastructure finance development hasn't been so cloudy for over a decade. Perspectives from Joe Blenkinsopp, AXA; Kerry Alexander, Scottish...
Low tariffs and successful developments mean that Latin America has become the prominent emerging markets renewables success story. But governments are following up with...
Proximo spoke with Sang-Jin Ju, KEXIM’s executive director of project finance, to outline the ECA’s activity and how its adapting support to Korean EPCs in overseas PPP markets amid increased competition from Turkish, Chinese and Indian contractors.