Perspectives

DeepDive reports on the topics that matter to you. Surveys and data reports that tackle market challenges and trends.

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Results found: 317

07 January 2020
in
Oil & gas

North Sea M&A: Time to buy or sell?

The M&A market for North Sea oil assets has been running in hyperdrive. Norway still has room for upside, but with many rushing for the exit in the UK, is it set to...

02 January 2020
in
Regulation, Renewables

Counting the cost: Mexico's potential New Year power bill shocker

Market participants warn that the Mexican government’s recent changes to CEL regulation in the electricity sector may backfire – and could lead to significantly higher...

23 December 2019
in
Certified green, ECA, ESG-tied debt, Infra funds, MFI/DFI, PPP/P3, Regulation

The Proximo 2019 Festive Trends Round-up

In a year of immense change for energy, infrastructure and project finance, Proximo Transmission's regulars pick the trends that mattered in 2019 - and the trends that...

20 December 2019
in
ECA, Regulation, Power, Renewables

PLN to plug back into project debt for 2020

Indonesia’s state-owned power utility PLN has yet to close a single power project financing in 2019 amid a year of economic slowdown and elections. However, Teguh...

17 December 2019
in
ESG-tied debt, Infra funds, MFI/DFI

Filling the gap with an emerging markets debt fund

Could emerging markets benefit from the presence of a bond market with an expansive definition of infrastructure and a willingness to look at a wide universe of issuers?...

13 December 2019
in
Power, Renewables

Chilean power: Financing strategies for a market in transition

With Chilean power going green by 2040, and growing demand from domestic corporate energy buyers for renewables offtake, coal-fired power operators are having to look at...

12 December 2019
in
Infra funds, Energy, Power, Renewables

Hedging perfection in US power?

Commodity hedges have evolved, but the challenges to providers and asset owners have continued. In the last of a series on US market risk, Proximo talks to Paula Torres,...

09 December 2019
in
Transport

German rail: New trains – new drivers

Institutional investors are starting to finance the German passenger rail markets thanks to two innovative deals this year for networks in Ulm and Sachsen-Anhalt. And the...

03 December 2019
in
Certified green, ESG-tied debt, Regulation

Junior first loss vs covered bonds – what's best for your portfolio?

The Mariner-developed junior risk transfer product is almost a mainstream way of laying off project finance exposures. But does it need more counterparties, and might...

03 December 2019
in
Power, Renewables

US power's new merchant frontier

US lenders are still more happy adding a little merchant risk to proven power technologies than taking a leap into the unknown. Proximo reviews current market trends with...

27 November 2019
in
Transport

Will Brebemi's refinancing put it on the road to profitability?

How do you refinance a toll road that has been making losses since it opened in 2014? Brebemi appears to have done so – but the debt is not cheap and the solutions to the...

19 November 2019
in
Renewables

Developing a more sophisticated take on offshore wind yields

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....

11 November 2019
in
Oil & gas

JTB: More than just a gas deal

Pertamina EP Cepu's recent Jambaran-Tiung Biru project financing was a first on many levels for Indonesian oil and gas, setting benchmarks for multi-sourcing debt and...

07 November 2019
in
PPP/P3, Regulation

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...

04 November 2019
in
Renewables

Saint Nazaire: A first financing for French offshore wind

France’s first offshore wind farm project financing – the 480MW Saint Nazaire scheme – had an extended deal gestation of over seven years after facing several legal and...

29 October 2019
in
Renewables

DEWA V: Rejigging the solar math

Dubai Electricity and Water Authority (DEWA) pulled in record low tariff offers this month for its latest 900MW solar PV scheme – DEWA V. But there is no promise from...

28 October 2019
in
Renewables

Taiwan offshore wind: New angle – new uncertainties

With the sponsors of the Formosa 2 offshore wind project concluding the final details of an ECA-backed debt financing, confidence in the bankability of Taiwan's...

23 October 2019
in
MFI/DFI, 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...

22 October 2019
in
Certified green, ESG-tied debt

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...

18 October 2019
in
Power, Renewables, Transport

Don't go cold Turkey

Turkey has long been the European comeback king of project and trade borrowing. And against all the economic odds, the cost of debt in both markets appears to be falling...