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  • Italy's infrastructure under pressure

    At a time when Italy is in urgent need of investment in infrastructure, a number of projects are suffering delays due to indebted construction companies and political pressures. A dispute between the national government and the EU is creating economic uncertainty, and the recent Morandi bridge disaster is casting a dark shadow over all private sector-led projects in the country

  • Brazilian power buyers flock to 'free' market

    Private power purchase agreements, increasingly prevalent in developed countries and some developing nations such as Mexico, are on the rise in Brazil

  • Perfect chemistry: Sadara petrochemicals

    WHAT WE SAID THEN: “Among this mammoth financings’ ground-breaking features was the largest ever (and second only) Middle Eastern sukuk bond, the largest ever direct loan from US Exim, and the participation of Spanish ECA FIEM on a project financing for the first time”

  • Santa Vitoria do Palmar financing, Brazil

    IDB Invest recently closed a total credit guarantee to help finance Atlantic Renewable Energy's 207MW Santa Vitoria do Palmar wind complex in Rio Grande do Sul, in a peculiar transaction that saw the private sector arm of the IDB Group provide a guarantee greater than the total value of the infrastructure debentures issued to fund the project

  • M25 road refinancing, UK

    London’s orbital M25 motorway refinancing was the largest infrastructure refi seen in the UK since the Intercity Express deal of 2015

  • Meza la Paz wind farm, Mexico

    The Mesa la Paz wind project may have started a new way of financing energy projects in the country, with bonds covering both construction period and a long-term PPA.

  • Ituango hydro: hopes for sunrise over flooded lands

    The almost literally collapsing Ituango hydropower project in Colombia may open the way to a faster development of renewables in the country

  • Asia green bonds: looking ahead

    Financing of renewables across the Asia Pacific has so far been dominated by commercial and multilateral banks. But regional bond investors are showing interest in green bonds and finance – fuelling hopes for the potential growth of capital market financing solutions

  • EXCLUSIVE Arroyo Seco and Timbúes CHPs, Argentina

    Project finance is finally taking off in Argentina’s energy sector after a years-long dry spell, with only a precious few projects making it to financial close in 2017. Now Argentina’s second-largest energy producer Albanesi Energia has closed the financing for two cogeneration heat and power plant projects in Santa Fe

  • More to Colombia than just 4G

    Colombian cities are following the lead of the capital Bogota and are trying to launch a pipeline of infra PPPs

  • Infra fund activity – lot more than you'd think

    As a young journo working the local press world in 1990s north east Scotland, an old editor – a grizzled hack bearing the scars of hard-living hackery – once said: “Angus, the difference between doctors and journalists is that doctors get to bury their mistakes, ours are out there for everyone to see”

  • EXCLUSIVE The Colombia 4G slow down

    Distrust in the government and corruption scandals have made most banks hit the brake

  • Private placements and investors' expanding appetites

    A few years ago, private placements in infrastructure were primarily focused on refinancings. Now, the private placement market has evolved in a number of ways enabling institutional investors to increasingly participate in infrastructure M&A deals, to act on the origination of deals, and going in as primary investors

  • 4G Colombian road sets new financing standard

    The financing of the road Ruta al Mar may represent a new financing paradigm with a combination of bonds and loans; first private international emission; use of local currency.

  • Bankers worried about low Mexican electricity prices

    Low prices on the third long-term power auction are at the same time seen as a measure of the success of the Mexican energy reform and as a cause for concern

  • Philippines: Build! Build! Build!

    President Rodrigo Duterte has signalled his resolve to lift the Philippines economic growth rate by building infrastructure at the fastest pace possible. So who will fund what the administration has dubbed the “Build! Build! Build” programme?

  • Acwa Power’s project-backed bond, Saudi Arabia

    Saudi Arabian developer Acwa Power’s recently closed project-backed bond issuance unlocks some $814 million in capital for the firm in what is its first investment-grade offering secured against operational assets

  • Northwest Parkway acquisition, US

    The financing of the acquisition of the Northwest Parkway toll road in Denver, Colorado, has gone beyond prior toll road acquisitions last year to further utilise and test the liquidity of the US private placement market

  • Interview: Mainstream's Bart Doyle

    Mainstream Renewable Power was one of the first international developers to enter the Chilean renewables market in 2008, but it has been most active in the last 18 months

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