Proximo Weekly: Signs of life in African T&D
Despite being one of the most essential components of energy value chains, investment in transmission and distribution (T&D) in Africa has been all but moribund. However,...
Despite being one of the most essential components of energy value chains, investment in transmission and distribution (T&D) in Africa has been all but moribund. However,...
SBM Offshore has completed its third ECA-backed FPSO financing in as many years. The $1.6 billion project finance deal for the FPSO Mero 4 benefits from a now familiar...
At $12.3 billion of debt raised, Rio Grande LNG has broken volume records. But its size was matched by the scale of complication in its path to financial close.
Proximo’s project finance research report garners the latest market sentiment via a quantitative survey of sponsors, lenders, and advisers active in the space, and...
The public EV charging market is falling more and more behind swelling electric vehicle user numbers in Europe. Given diminishing demand risk on EV charging projects, why...
The first solar projects from South Africa’s Bid Window 5 have reached financial close. It’s progress – but not what was expected.
Solek’s recent PMGD solar project portfolio financing incorporates multiple firsts. So while it has similarities with Matrix Renewables’ PMGD deal in 2022, there are...
The US government has released guidelines for how it will treat transferable tax credits. Will the new rules expand the tax equity market, or turn it upside down?
The European Union’s €372 billion InvestEU initiative has launched into a fast-evolving market for private capital in infrastructure. Proximo talks to the programme’s...
Rising supply chain and financing costs are causing headaches for US offshore wind developers.
With heavyweight corporate credits like AT&T and BlackRock adopting limited and non-recourse borrowing for US FTTH projects, the US market looks set to finally deliver on...
The US has been a bigger market for data centre financing than Europe, whilst Europe has been the leader in FTTH and the US has lagged behind. Those market trends look...
The US DoE’s revitalised Loan Program Office (LPO) has issued new guidance that could have significant impact on greening or replacing dirty assets.
While it lacks some of the natural advantages of the US, Europe’s infrastructure finance market is still active, diverse, and resilient.
Proximo interviews Marty Pasqualini, a managing director at CCA Group, about some of the new and evolving avenues for tax equity investment opened up by the Inflation...
There are still questions to be answered about Venture Global’s recent corporate high-yield bond issue, which appears to rely heavily on revenues from commissioning...
Is smaller ticket asset bundling the way to develop a consistent US P3 pipeline?
The deal may not have the cross-collateralisation bells and whistles of other recent US LNG financings, but Port Arthur LNG is a robust project financing and a bellwether...
From very large and complex greenfield financings, to refinancings that tapped new markets, these were the highlights of 2022
A review of the IFC’s scaling solar initiative, and what it says about the African project finance market.
Tax equity investments in US renewables are so thoroughly derisked they are often less risky than construction loans. So why is Basel III proposing an increase in risk weighting to 400% and will it happen?