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, looks likely by September. But does lender appetite for this deal – an oil refinery priced much cheaper than an offshore wind project of arguably comparable risk profile and credit strength – undermine the credibility of banks and ECAs that claim to take environmentally responsible lending seriously?
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The last 18 months have looked more like a process of consolidation than rapid advance in the Asia-Pacific region. But the best deals of 2023 provide the foundations for a...
The data centre boom is moving to the next level with the advent of demand for AI. While liquidity is unlikely to be a problem, power and land constraints could be.
Asia was late to the digital infrastructure party, but data centres are driving strong growth in the region. The big financial sponsors are already starting to take notice.
The last 18 months have looked more like a process of consolidation than rapid advance in the Asia-Pacific region. But the best deals of 2023 provide the foundations for a serious take-off in activity.
The data centre boom is moving to the next level with the advent of demand for AI. While liquidity is unlikely to be a problem, power and land constraints could be.