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...

It's time to reach for the superlatives, as Meta and Blue Owl close the largest project financing ever as a high grade bond. But the risk allocation is pure project...

The US-dominated global project finance market is still producing mega-volumes, from mega-projects. But it is not hard to detect a note of caution from Proximo's survey...

An Independent power veteran joins Denham-backed and Africa-focused developer Endeavor Energy. He discusses what works in getting projects in the region over the line.

Global Infrastructure Partners' $1 billion swoop for Aliança Energia ups the stakes in Brazil’s renewable power race, as Vale cashes in - and a new era for large,...

The political backdrop is hardly promising. But NADBank’s shift away from renewables and toward water is timely.

Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is...

The blockbuster SR400 points to a revival in financings for managed lanes road P3s in the US. Proximo hears from the ACS team that put the deal together.

Proximo’s project finance volumes for the first half of 2025 are looking very strong. Does this point towards a bumper full year or will signs of market nervousness play...

High quality carbon markets can be used to support non-recourse debt for large-scale afforestation projects.

Should the project finance market be flattered or relieved if it is not seen as central to the AI data centre boom?

They occupy very different corners of the infrastructure market, but the big asset managers are looking to blend investors’ exposure to listed and private assets. What...

Clarity is still lacking on the future policy direction of US infrastructure, and recent news from Congress has not been good. But the Proximo Congress 2025 had slightly...

Austria’s capital blazes the way for what could be a lucrative pipeline in the country and wider region. Institutional debt took a lead role on the Central Vocational...

A new report provides some much-needed scepticism about the newest geothermal boom and its parallels with the fracking industry.

The greatest impact of the second Trump administration is likely to be through its application of tariffs on global trade flows. But its impacts on project pipelines and...

Proximo returns with the only clear, robust, and objective list of the best performing players in the project finance market in 2024. Here's to celebrating the global...

Actis’s bond-financed acquisition of Enel’s Peruvian portfolio marked a high point for activity in the Peruvian market in 2024. Greenfield deals may not drive the market...

Two recent GIP-linked bond refinancings highlight the maturity of the Latin American project bond market. But decarbonising generation portfolios is a drawn-out process,...

Smarter risk allocation, rather than giant leaps forward, characterised the stand-out deals of 2024. Both banks and non-bank lenders wrote big tickets on occasion, but...