The deals that impressed - sometimes for size but more often for innovation - in 2025. With the project finance market looking to build resilience, these were the lessons...

The Dorjilung hydroelectric financing moved away from sovereign-backed debt towards a blended PPP structure combining concessional capital, multilateral lending and...

It is not the first solar project bond refinancing in the region, but it is the best-priced. Despite its development challenges, Al Dhafra shows what a strong revenue...

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.

Existing financing tools are not powerful enough to support the development of projects integrated into electrification’s complex supply chains. Brazil is encouraging the...

The political support is definitely there, but offshore wind in the North Sea is producing mixed results. What do the results of the UK auction - and delays to the German...

US renewables developers are rushing to beat the cut-off for renewables subsidies, keeping volumes high into 2026. But the financing landscape is changing and banks’...

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export,...

Heavy support from the EIB and three ECAs has brought Vulcan's Lionheart lithium-geothermal into construction. But Europe's record on complex energy transition projects...

The Argentinian renewables generator deftly navigated domestic instability in pricing its second green bond. But DFI support from FMO and Proparco was a vital help in...

The project company for Ecuador's largest airport structured a well-priced refinancing that managed to leave country risk behind. But political and economic challenges...

New and complex energy transition assets account for the bulk of UK project finance activity. But the private sector will have to devote more and more attention to...

The liberalisation of Brazil’s water sector in 2020 has delivered on its promise of multi-sourced private investment. Will 2026 keep up the momentum?

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package...

Texas terminated the small but lucrative SH288 concession and has refinanced it with state-backed bonds. The saga shows that sponsors need to be alert to being surprised...

Government support has led to real progress in financing carbon capture assets. But the generous support that makes deals bankable makes the sector vulnerable to...

Andy Bagus, senior vice-president treasury and strategic finance, at Indonesia’s national oil company Pertamina discusses project and export finance strategy amid a...

A recent flurry of big-ticket road deals highlights Türkiye’s continued commitment to infrastructure development, but domestic political instability is still worrying...

The Thames Water debacle has heightened public opposition to private capital in the industry and increased investor wariness. Will new procurement processes overcome the...