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News
07 November 2019

Berrington joins Local Partnerships

Michael Berrington has joined Local Partnerships (LP) in London as programme director for PPPs and PFI. He joins from Grant Thornton where he was principal consultant in...

Perspective
07 November 2019

Tunnel vision: Lessons (not) learned from infrastructure work-outs

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...

News
29 October 2019
in
Power, Renewables

Hunton Andrews Kurth strengthens global environmental practice

Hunton Andrews Kurth has expanded its global environmental practice with the addition of Michael Altieri as senior attorney in the firm’s Boston...

Perspective
23 October 2019
in
Renewables

Da Mi: A floating solar first for Vietnam

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...

Perspective
22 October 2019

Green bond pricing, meet Green Bond Principles

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...

News
09 October 2019

EBRD appoints Strauss as new general counsel

The EBRD has appointed Michael Strauss as its new general counsel. He will take up his position at the start of 2020 and succeeds Marie-Anne Birken, who is retiring at...

Perspective
07 October 2019
in
Power, Renewables

US power: New offtake opportunities - and new risks

The US power power finance market sees changes in debt terms and new enhancement products, but challenging offtake risks. Proximo hosts US project finance banker Jonathan...

News
20 September 2019
in
Oil & gas, Power, Renewables

Siemens announces executive appointments

Michael Sen will be proposed to the board as CEO of Siemens' spinoff power company, due to be listed in 2020. The new entity is anticipated to be valued at $30...

Perspective
29 August 2019
in
Social infrastructure, Transport, Waste and water

US PPP: Strong projects - and strong sponsors - rise above

The political outlook for infrastructure development in the US might be cloudy, but the PPP financing market is strong. Proximo asks Milbank's Allan Marks and Berkeley...

Perspective
19 August 2019

What the bankers say (part two)...

With the heads of eight major project finance banks in attendance at Proximo's European Infrastructure and Renewables Finance Exchange in Lisbon in May, we took the...

Perspective
13 August 2019

What the bankers say (part one)...

With the heads of project finance from eight major banks in the same place at the same time – Proximo's European Infrastructure and Renewables Finance Exchange in Lisbon...

News
12 August 2019

Ironstone rebrands infra and projects advisory business

Ironstone Capital has spun off its infrastructure and capital projects advisory business into Infrastructure Capital Australia Partners (ICA Partners).  ICA Partners...

News
01 August 2019
in
Transport

Munich Airport names Jost Lammers as new CEO

The Board of Munich Airport has announced Jost Lammers as it's next president and CEO to succeed Michael Kerkloh who will retire after 17 years of leading the Group....

Perspective
30 July 2019

New directions and new pressures at ECAs

Political pressure is pushing export credit agencies in new, sometimes conflicting, directions. But they remain useful and well-regarded project finance players. Proximo...

Perspective
22 July 2019
in
Oil & gas

Libor, not rate rises, the biggest threat to hedging arrangements

Interest rate hedging arrangements are more vulnerable to Libor's replacement than rises in base rates. Proximo talks hedge mechanics with Cogswell Consulting's Ian...

Perspective
11 July 2019
in
Social infrastructure, Transport

Is Canadian PPP at risk of derailing?

Cracks are starting to appear in the Canadian PPP model and a new infrastructure bank may do little to halt aggressive shifts in risk towards the private sector.

News
08 July 2019

RBC Capital Markets hires Cook from Macquarie

RBC Capital Markets has hired Michael cook, a 19-year Macquarie Capital veteran, as vice chairman of its investment banking team. Cook was most recently chairman of...

Perspective
24 June 2019

Meet your ESG goals for pricing cuts

Banks are now offering infrastructure corporates pricing discounts if they meet their sustainability targets. Are the targets meaningful, and is there any reason why...

Perspective
19 June 2019
in
Oil & gas

More clarity, not more risk, needed in US LNG

Despite permitting snags and the potential impact of trade wars, there's likely to be a shift in what risks LNG developers will ask banks to accept. In this episode,...

News
19 June 2019
in
Renewables

TDB plans funding for geothermal projects in Africa

Africa-based Trade and Development Bank (TDB) is in discussions with two geothermal projects of IPPs at Menengai, Kenya, and has further plans for funding green energy...