US governments are starting to get serious about encouraging digital infrastructure development. But fibre-to-the-home investors face a very different market structure –...
As an asset class, European airports have entered the financing mainstream. With demand for equity opportunities outstripping supply, appetite for airport debt...
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...
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...
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...
Nigeria LNG's Train 7 hybrid debt raising is the first multi-sourced corporate financing for a project in the LNG sector. So how much of a progression is it beyond NLNG's other hybrid deal (the NLNG-Plus financing in 2003) and is it a feasible template for other established gas developers in emerging markets?
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.
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.
Some of the traditional sources of demand for LNG are faltering. Where are the industry's new opportunities and are they bankable? Joining Proximo are Ian Cogswell, Richard Pratt and Sailesh Patel.
A virtual event for the Canadian infrastructure ecosystem that connects regional government, developers and the finance community and paves new paths for this crucial infra market.
A virtual event for the Canadian energy community