The 640MW Yunlin offshore wind project financing provides a more viable template for Taiwanese large-scale offshore wind than its precursor Formosa 1. But local content...
Banks are now offering infrastructure corporates pricing discounts if they meet their sustainability targets. Are the targets meaningful, and is there any reason why...
Bahrain Petroleum Company's ECA-backed financing for its Sitra refinery expansion held a surprise last month - the final ECA allocations were shaved significantly in...
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,...
European solar is predicted to balloon again in the next two years. But with the move to merchant, a relatively seminal corporate PPA market, development of...
Even in a US LNG market that is looking up, a familiar sponsor is responsible for the most recent crop of financing. So is the return of Cheniere to the debt market a...
DFI direct loans and cover have enabled commercial banks to push the tenor on Guinea Alumina Corporation’s greenfield mining project financing. But are the benefits to...
As Puerto Rico slowly rebuilds from the tragic devastation caused by the September 2017 hurricanes, there is growing concern about the state of confusion and lack of...
Why are project finance banks under so much pressure to sell down their exposures, and which methods have worked best to do so? Host Tom Nelthorpe discusses syndication,...
There were many choice EMEA project financings in 2018. But certain deals achieved levels of debt pricing, risk mitigation and inter-creditor complexity that set new...
Infrastructure funds are now the dominant players in European infrastructure and renewables. What has been the effect on deals and valuations of the huge capital...
With a large and widening social infrastructure funding gap in Europe, PFI dead in England and PPP under scrutiny in the EU, what are the alternatives for governments...
This week's transmission: Blended finance has attracted huge attention from the development finance community. As DFIs look to mobilise and combine new sources of...
What do JBIC, SMBC, MUFG, Mizuho, Sumitomo Mitsui Trust Bank, OCBC and DBS all have in common? They have all upped their green credentials by publicly stating they will...
US governments are starting to get serious about encouraging digital infrastructure development. But fibre-to-the-home investors face a very different market structure –...
Much that is useful in blended finance is not new, and much that is new in blended finance is not useful – but the concept has captured the imagination of DFIs looking to...
The $15.3 billion RAPID project in Malaysia is nearing completion and financial close on $9.7 billion of partially ECA-backed facilities, with margins at record lows,...
Akuo Energy's O’MEGA1 deal in late 2018 was one of a number of signals that floating solar (FPV) deals can be non-recourse financed. With large-scale FPV just a few years...
March’s financial close of the Autopista al Mar toll road concession is a very welcome step in the evolution of Colombia’s 4G highways PPP programme. So is the programme...
The first 100 days of new Brazilian president Jair Bolsonaro’s administration have not gone well – except for in the infrastructure sector, where promised concession...
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. But the long term effect of better productivity data is likely to be a positive for the market.
European solar is predicted to balloon again in the next two years. But with the move to merchant, a relatively seminal corporate PPA market, development of solar-plus-storage and some very different benefits in different country jurisdictions, there is still very little that is vanilla about financing the sector.
The macro backdrop to infrastructure finance development hasn't been so cloudy for over a decade. Perspectives from Joe Blenkinsopp, AXA; Kerry Alexander, Scottish Futures Trust; Akihiko Sato and Phillip Hall, MUFG; Roland Schmidt, VIFG and Severin Hiller, Rivage Investment.
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 AlixPartners' Frank Pometti and Berkeley Research Group's Michael Whalen.