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11 June 2021

Proximo Weekly: The best of Asia-Pacific 2020

Even at the height of the pandemic Asia produced some market firsts last year.

Proximo is delighted to announce its winners of Deals of the Year Asia-Pacific 2020. Even the pandemic did not manage to stop a number of benchmarks being set last year - notably the Almaty Ring Road PPP, Japan's first major offshore wind financing and the Reliance Meghnaghat transition financing.

For the first time we have also included bank and law firm awards. In a bid to create a more level playing field for smaller operators in those categories, these awards are not based on total deal volume for the year. Instead we looked at the number of participations in our winning deals list, combined with participations (at a lower weighting) in all the deals shortlisted for the awards – in short, participations in all the outstanding deals that closed in 2020, rather than all the deals that closed in 2020.

Our Americas Deals of the Year and EMEA Deals of the Year have already been announced. Detailed write-ups on all of the winning transactions will be available in our forthcoming Global Awards supplement, which will be downloadable from June 28.

Congratulations to all Asia-Pacific winners. 

(The links below are to deal entries on Proximo's members-only Playbook platform)


Asia-Pacific Sponsor of the Year – JERA

Asia-Pacific Bank of the Year – MUFG

Asia Pacific Law Firm of the Year - Milbank

Asia-Pacific PPP Deal of the Year – Almaty Ring Road

Asia-Pacific Transport Deal of the Year – Mumbai Pune Expressway

Asia-Pacific Power Deal of the Year – Reliance Meghnaghat

Asia Pacific Offshore Wind Deal of the Year - Akita Noshiro

Asia-Pacific Bond Deal of the Year - Star Energy Geothermal

Asia-Pacific Solar Deal of the Year - SB Energy


The Global Awards supplement will be made available from June 28

Proximo members will receive a copy of the report directly. If you are not a Proximo member but would like to apply for a free copy of the Global Awards supplement, please fill out your details here:


Selected news articles from Proximo last week



Preliminary approval granted for American Legion Bridge PPP

The Maryland Transit Authority Board has granted preliminary approval for the amended expansion of the Beltway around the American Legion Bridge. 



Kommunalkredit provides green loan to Spanish solar project

Cobra Concessions has raised a €27.2 million ($33 million) 21.5-year senior term loan from sole lead arranger Kommunalkredit for its 50MW operational solar PV project in the autonomous community of Castilla La Mancha, Albacete, Spain.



Japan picks consortium led by Toda to build Goto offshore wind farm

Japan's industry ministry has chosen a consortium of six companies led by Toda Corporation to build the 16.8MW Goto floating offshore wind farm in Nagasaki, southern Japan, in an auction



Proparco, EAIF close €165m financing for Biovea project

France's Proparco and the Emerging Africa Infrastructure Fund have closed a €165 million project finance deal and €13 million grant to secure the financing of the Biovea project, in Ivory Coast.



Terms for Codesa privatisation published

Brazil's Ministry of Economy has published the model and terms for the privatisation of the Companhia Docas do Espirito Santo (Codesa) port authority that operates the Vitoria and Barra do Riacho ports in Espirito Santo state.


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