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...
With the European fibre market entering the project financing mainstream, how big can the wider digital infrastructure market get, and what risk mitigants are still...
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...
European governments and the private sector face an enormous transport challenge. In addition to demand for greenfield infrastructure, there is a backlog for investment...
Despite a record low CfD strike price, the 950MW Moray East UK offshore wind project reached financial close in December backed by strong lender and ECA appetite. Does...
Petroperu's $1.3 billion CESCE-backed facility had to navigate four changes of government in two countries to finally reach financial close last month. But the deal still...
Morgan Stanley Infrastructure’s recent refinancing of the Red Oak power plant took the asset out of the bond market and into the bank market via a ‘hedge toggle’...
With a new renewable energy support scheme in place and a stabilising regulatory environment, the Greek renewables sector has begun attracting international lender and...
Electric vehicle (EV) charging infrastructure is potentially the next big core market for project lenders and investors. But like mobile telecoms and broadband before it,...
Anglo American last week went public with its intention to lodge a takeover bid for Sirius Minerals’ struggling Woodsmith polyhalite mining project in the UK. For Sirius, it’s a case of ‘just in time’; for Anglo, analysts are left wondering ‘why?’
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.
Focus on innovative and collaborative infrastructure project delivery with common language and principles across the globe through the blending of public, private and philanthropic funding sources.
Bringing 300 key players spanning a fragmented European infra and energy market, comprising greenfield and brownfield project sponsors of infra, renewable energy, and emerging ESG-driven technologies.