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Perspective
20 October 2017

GE EFS: Green-lighting Asian renewables

GE Energy Financial Services (GE EFS) is playing a more active role in arranging financings alongside its equity in renewable projects in Asia. Sushil Verma, GE EFS...

News
11 October 2017

BNetzA launches 100MW German CHP auction

German national power grid agency Bundesnetzagentur (BNetzA) has launched a tender for combined heat and power plants with the first round set at 100MW capacity at a...

News
06 October 2017

Nova Scotia opens the way for tidal turbine testing

The Nova Scotia Energy Minister has introduced Bill 29 in the House of Assembly to allow the issuance of five-year tidal demonstration permits in the Bay of Fundy to a...

Perspective
06 October 2017
in
Oil & gas

Rover: Testing the term loan B market

Given total dollar volume in the term loan B market was around $11.6 billion in 2016, of all the pipelines looking for B loan debt, the Rover gas pipeline project - which...

News
11 September 2017
in
Transport

Nacala rail and port financing nears signing

Vale and Mitsui, which are raising $3 billion of 13-year debt to back the development of the Nacala rail and port in Mozambique, are weeks away from...

Perspective
08 September 2017
in
Power

Sirajganj IPP: How long can Bangladesh tenors go?

Sembcorp has reached full financial close on a $309 million DFI-backed loan to finance the 414MW Sirajganj IPP. The deal is the longest tenor power financing in...

Perspective
24 August 2017
in
Renewables

Deutsche Bucht: Cheap debt sunset?

Financing for the Deutsche Bucht project has neared Borkum II’s benchmark low for the cost of German offshore wind debt. Despite being the last deal structured under the...

Perspective
02 August 2017
in
Power

Making savings: Mali’s first IPP

Mali’s debut independent power project financing, for a greenfield heavy fuel oil-fired power plant, features a blend of Islamic and DFI debt with tight pricing given the...

Perspective
25 July 2017
in
Power

How will Indonesia’s new decrees impact PLN’s IPP concessions?

Four presidential decrees rifled Indonesia’s private power market this year as PLN was given more powers over developers when awarding IPP concessions. While there is...

News
21 July 2017

EIB and BPM sign €600m SME on-lending facility

The EIB and Banco BPM Group (created by the merger of Banco Popolare and Banca Popolare di Milano in January) have signed their first cooperation agreement for...

Perspective
07 July 2017

Toxic gas?: PJM power finance moves into a new phase

After a burst of greenfield and brownfield financings in the US PJM power pool - a boom fuelled by cheap gas - recent capacity auctions point to a slowdown. Some bankers...

Perspective
03 July 2017

Northwind refi: Pocketing the margin difference

Sponsors of the 216MW Northwind offshore wind farm in the Belgian North Sea closed a €525 million ($596 million) ECA-backed refinancing last month - more than halving the...

Perspective
26 June 2017

Re-landscaping the park: Dubai solar goes shariah-compliant

Sponsors of the 800MW third phase of the Dubai solar park closed a $700 million soft mini-perm earlier this month - the largest Middle East solar deal to date to go...

Perspective
22 June 2017

Rock Rail: Alternatives bridge the funding gap

Rock Rail's latest rolling stock financing is its largest to date. Priced competitively at just over 200bp, and over a very long tenor, the deal has proven popular with...

Perspective
02 June 2017

The right combination: DFI's open up for Egypt solar Round 2

With many of the issues that dogged Egypt's solar FiT Round 1 fixed, DFIs that were forced to pull out of the first round are back as serious lending prospects for Round...

Perspective
23 May 2017

Sweihan PV: Taking the soft option

Despite being a pathfinder project for Abu Dhabi and reliant for its cashflow on a PPA priced at one of the lowest ever tariffs for a utility-scale PV project, the...

Perspective
22 May 2017

Message received: ACWA’s holdco hybrid a hit with investors

ACWA Power’s complex non-recourse bond debut was never going to be an easy sell to mainstream investors. But after 200-plus face-to-face account meetings and constant...

Perspective
16 May 2017

Trianel Windpark Borkum II: Cheap just got cheaper

Financial close on Trianel Windpark Borkum II has set a new benchmark low for the cost of German offshore wind debt. Although structured under the old EEG regime, the...

News
10 May 2017

MAXpower falters on repayments

Indonesian gas-fired power developer MAXpower has failed to meet a quarterly principal repayment on a $222 million five-year corporate facility it raised from...

News
09 May 2017

GEV offers cheap gas for stranded Indian power plants

US-based Global Energy Ventures (GEV) is offering to sell Compressed Natural Gas (CNG) at 25% cheaper that the cost of LNG in exchange for long-term supply contracts....