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  • PJM term loan Bs trade down but are "hard to trip"

    Several term loan B deals trading in PJM Interconnection have taken a dip after clearing prices from the highly anticipated BRA for delivery year 2022/2023 were announced. But deal watchers say that this is unlikely to have a significant impact on revenues in the long run

  • Tough life awaits PJM peakers as long-awaited auction disappoints

    After two years of delay due to uncertainty over the Minimum Offer Price Rule, PJM Interconnection has finally concluded its Base Residual Auction for delivery year 2022 / 2023, although results from the highly-anticipated auction have fallen short of market participants' expectations

  • Biden's shot in the arm for US clean power

    President Joe Biden has announced an ambitious $2 trillion infrastructure plan that includes a wide-reaching set of initiatives aimed at supercharging the country's clean power and renewables industry

  • Georgia Power sustainability bond, US

    Georgia Power brought another new ESG labeled security to the US utility sector in February when it issued its first sustainability bond – which is similar to a green bond but with an expanded list of eligible projects that include social initiatives

  • Gás Natural Açu, Brazil

    Port of Açu located in the municipality of São João da Barra, in the North of Rio de Janeiro state is on its way to becoming a grandiose industrial complex serving the oil & gas industry

  • Glenfarne portfolio, Latin America

    Before 2020 came to a close, New York-based developer Glenfarne Group was able to refinance its roughly 1.5GW Latin American generation portfolio with a mix of bank debt and bonds, following a path opened up by other sponsors in the region who had refinanced their assets earlier in the year

  • Lighthouse Renewable, US

    While yield companies have sometimes been known to bring in third-party equity providers to co-own renewable energy assets, when Clearway Energy Group recently offloaded a 1.6GW portfolio of wind,solar and solar-plus storage assets to its yieldco Clearway Energy, the third-party investor opted for an unusual capital structure, swapping out common equity for less risky preferred equity instead

  • Renewables in crosshairs as SPACs take aim

    Special purpose acquisition companies have proliferated at a blistering pace over the past year, and market participants are virtually certain that at least one renewable energy developer will go public this way by the end of 2021

  • UEP Penonomé II, Panama

    InterEnergy Group’s recent refinancing of two renewable energy projects in Panama – one of which is named for a papal encyclical – was the first issuance of green bonds from the private sector in Central America. Investors gave the deal their full blessing

  • Renewables portfolios grow in the Caribbean

    Developers and investors are beginning to build portfolios of renewables in the Caribbean and Central America, a region that is slowly diversifying its energy mix despite lacking investment-grade ratings

  • Spotsylvania Solar Energy Center, Virginia

    With its Spotsylvania Solar Energy Center in Virginia, developer sPower offered the project finance market something it hadn’t seen before – a solar project in PJM Interconnection with multiple household names as offtakers, the largest of its kind east of the Rocky Mountains. But while the market responded positively to the project, the road to the finish line was far from smooth

  • The global ESG scrabble

    The challenge of ESG and how the market is delivering change - IJGlobal Asia Pacific senior reporter Dave Doré delves into approaches being taken and how the process yields value...

  • Q&A: Brazil's energy minister, Bento Albuquerque

    In an exclusive interview with Bento Albuquerque, Brazil’s minister of mines and energy, IJGlobal Americas senior reporter Juliana Ennes is brought up-to date on big plans to use the energy sector as a propellant for economic recovery

  • Louis-Hippolyte-La Fontaine Tunnel Refurbishment, Quebec

    Renouveau La Fontaine - a 50:50 joint venture of Vinci subsidiaries Eurovia and Dodin Campenon Bernard and Québec-based Pomerleau signed a final C1.142 billion DBF contract in July 2020 to tackle the refurbishment of the Louis-Hippolyte-La Fontaine Tunnel in Quebec, the longest underwater structure in Canada

  • Equity firms branch out into infra debt

    A string of equity fund managers have recently dipped their toes into the infrastructure debt market

  • Jorge Chávez International Airport, Peru

    Among 5 of the busiest airports in Latin America, the recent reopening of the Jorge Chávez International Airport in Lima to international flights is raising questions about the asset’s long-delayed expansion plans

  • Broadway Subway Project, Vancouver

    The C$2.83 billion Broadway Subway project in Vancouver, which will see a 5.7km extension of the Millennium Line from west of VCC-Clark Station to a new terminus at Arbutus Street reached financial close last month. However, the project has faced heavy criticism over the pricetag and the time it will take to complete the project

  • Cleaning up in LatAm & Caribbean sanitation

    There’s a big opportunity cropping up across Latin America and the Caribbean as programmes of sanitation PPPs working their way through the system. Juliana Ennes delves into this murky world…

  • Hamilton Projects Acquiror, Pennsylvania

    The Carlyle Group and EIG Global Energy Partners’ deal to take ownership of Panda Power Funds’ Patriot and Liberty combined-cycle gas-fired plants in Pennsylvania ended years of speculation about the fate of the 2 plants. But the story did not end there, as the buyers launched the acquisition financing into a market roiled by coronavirus

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