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19 June 2018
in
Transport

LAX People Mover: Bringing private investment into US airports

The private activity bond for a new light rail facility at Los Angeles International Airport (LAX) finds a role for a bond insurer, and a role for PPP in developing...

12 June 2018

Paradise gained: MPC Capital’s second-mover advantage

Having just reached financial close on a DFI-backed deal for the Paradise Park solar project in Jamaica, German asset manager MPC is carving itself a reputation as an...

31 May 2018
in
Oil & gas

Freeport train 3: Refinancing to avoid Toshiba's nuclear fallout

The holding company refinancing for Freeport LNG train 3 shows that banks have not soured on US LNG. But troubled offtakers may force sponsors down less palatable...

29 May 2018
in
Power, Waste and water

Hyflux: Turning its back on power – but is it too late?

An expensive and unsuccessful gamble on Singapore’s deregulated power market has forced water project developer Hyflux into a painful restructuring. It may also have put...

25 May 2018
in
Oil & gas

RDIF, Mubadala and Gazprom to develop Tomsk/Omsk oil fields

The sovereign wealth fund Russian Direct Investment Fund (RDIF) has announced it will hold a 5% share in the joint venture company LLC Gazpromneft-Vostok with...

23 May 2018
in
Oil & gas

Carbon Holdings launching Tahrir petchem debt to banks

Carbon Holdings will launch the debt financing to banks for its $10.8 billion Tahrir Petrochemicals Corp (TPC) project in Egypt at a meeting in London tomorrow (24 May...

21 May 2018
in
Oil & gas, Power

Sergipe: Real progress on local currency project bonds

Is the local currency bank-bond financing for CELSE’s LNG-to-power project an easily repeatable template that will make ECA bond wraps take off? Almost.

14 May 2018

IFC: Wiebke Schloemer is new Director for the Europe and Central Asia

The International Finance Corporation has appointed Wiebke Schloemer as its new Director for the Europe and Central Asia region. The former IFC regional infrastructure...

27 April 2018
in
Power

Cometa Energia: Actis learns a lesson in Mexican energy reform

The bond refinancing of Actis’ acquisition of InterGen Mexico was pitched as a safe play in Mexico’s evolving energy sector. But reform, politics, and the assets’ age,...

20 April 2018
in
Renewables

PRICO Solar: Giving Gaza another go

The DFI-backed debt for the 7MW PRICO rooftop solar project – only the second power project financing to close in Palestine – is still going to be disbursed despite fresh...

13 April 2018
in
Power

Tè Power: Plastering over the costly cracks in Guinea's power market?

The five-year development finance institution (DFI) funding package for a new oil-fired plant in Guinea might go some way to alleviating the country’s chronic power...

29 March 2018
in
Telecoms and Communications

Management buys out WHP Telecoms with Equistone backing

Infrastructure business WHP Telecoms, based in Warrington, has been bought out by its management with the backing of Equistone Partners, through its...

26 March 2018

Trump’s toll road bonanza

In an otherwise modest series of proposals for US infrastructure are some measures that might increase the number of brownfield assets coming to market. But states –...

06 March 2018
in
Metals and Mining

All in the wrapping: Sirius gets serious about UK guarantee

The UK Guarantee Scheme was not designed for financing mining projects. But Sirius Minerals, which has already overcome significant hurdles to its North Yorkshire...

02 March 2018

ADB signs agri loan to boost exports of Armenia's Spayka

The Asian Development Bank (ADB) has signed a $32 million loan agreement with Spayka Limited Liability Company, a food producer and exporter in Armenia, to help the...

26 February 2018
in
Transport

Lendlease to oversee Euston station redevelopment masterplan

The UK transport secretary has approved  the HS2 choice of Lendlease for the £40 million long-term contract to oversee the planning and development of the 54...

21 February 2018

Energoatom’s Opic-wrapped bonds: A post-ECA gift to borrowers?

Ukraine’s state-owned nuclear generator has closed a bond issue for a nuclear waste storage project at a cheaper rate than its parent, thanks to a first-of-its-kind...

20 February 2018
in
Transport

IsDB, Sierra Leone sign $110m road construction deal

The Islamic Development Bank (IsDB) has signed a $110 million agreement with Sierra Leone to help finance the Kambia-Tomparie-Kamakwie Road construction. The $134.60...

09 February 2018
in
Renewables

Solar revenue puts: De-risking to depress DSCRs

Coronal Energy’s hedge on a 30MW PV portfolio was not a textbook use of kWh Analytics’ new solar revenue put. But it might be having the desired effect on banks’ term...

07 February 2018
in
Power

It's a wrap: InfraCredit debuts with Viathan bond

Donor-backed bond insurer InfraCredit has wrapped its first issue – a N10 billion local currency bond for a Nigerian captive power developer. What are the long-term...