With levelised cost of energy beginning to favour renewables-linked storage over traditional peakers in the US, utility-scale storage is dawning. Regulatory change,...
A statement on March 28 by Japan’s Environment Minister signals a potential change in the government’s pro coal-fired power policy. But domestic energy security issues...
There have been notable recent developments in the Nigerian regulatory and legal framework aimed at promoting investment in solar independent power projects (IPPs). But...
As the trans-Atlantic political debate over Nord Stream 2 gets nasty, those involved could not do better than take a lesson in commercial viability from the...
Bids are in for France's third round offshore wind tender – the 600MW Dunkirk project which will be the first under the new CfD regime. Will lenders feel comfortable with...
From JBIC ranking as the most active ECA in 2018 to another good year for ECA-backed shipping, the Export Finance Report 2018 does the number-crunching and analysis of...
The UK government’s decision in late 2018 to abolish PFI was not unexpected. But lack of detailed government guidance on a viable alternative is already impacting...
The London Interbank Offered Rate has served for decades as the benchmark for pricing project finance loans. But Libor is set to be replaced, and the implications for...
The German passenger rolling stock market is beginning to produce opportunities for infrastructure lenders - albeit largely restricted to those with a German footprint....
After Libor’s repeated missteps, a replacement rate - SOFR - is ready for roll-out. In part two of the Beyond Libor Series, Berkeley Research Group’s Michael Whalen looks...
Libor, the lynchpin for project and infrastructure financings, will soon be no more, and its replacement is untested. In the first of a two-part series, Michael Whalen, a...
The US power market can still rely on generous debt conditions - at least in the right regions. Transmission debuts with Tom Nelthorpe talking to Brian Armstrong at...
Sponsors of two LNG projects in Mozambique are testing lender appetite and country limits with a potential $30 billion of combined debt to be financed by the end of 2019....
Hybrid renewable and battery storage system projects have been proven bankable following the first non-recourse deal in 2018, and the deal pipeline is expected to grow....
Find out the 16 trends taking your industry by storm this year.
CityFibre, the first major wholesale fibre financing in the UK with project and corporate-style elements, bodes well for UK fibre investors and lenders. But cost of debt...
The Asian Infrastructure Investment Bank (AIIB) has released a downbeat report on the prospects for private infrastructure investment in Asia. But, says Joachim von...
Liberty House’s recent Aluminium Dunkerque deal is both its first syndicated bank acquisition financing and a novel de-risked structure that includes a syndicated...
Two deals have cast a long shadow in capital markets financing for infrastructure in Latin America, but governments are starting to look beyond them. Is the Latin infra...
State-owned borrowers in cash-strapped GCC countries – Oman and Bahrain – have been using ECA-backed debt to push out tenors to around 16-17 years. But can the private...
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.