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Latest Renewables Analysis

  • Due diligence on the Road to Damascus

    Having spent the past couple of weeks wading through content for the next IJGlobal magazine – out in digital format, 13 July (God willing) – it has provided a rather nice Road to Damascus experience for this grizzled infra hack

  • Golden Eagle Solar and Wind Portfolio, Mexico

    In November 2019, after years of work, Engie and Tokyo Gas reached financial close on the largest renewable portfolio in Mexico with post-reform government power purchase agreements. Seven months later, the assets are endangered by a raft of government policies, supposedly implemented in response to the Covid-19 pandemic, but widely viewed as politically-motivated

  • IJGlobal Webinar: Middle Americas Renewables Discussion

    IJGlobal – in partnership with LAC-CORE – this week hosted a webinar about renewable energy across Middle Latin America, focusing on Colombia, Mexico, and the Caribbean

  • MTP Finco, Ontario

    Evolugen tested the limits of Canadian investors' appetite for delayed-draw private placements in November 2019, when it issued a dual-tranche project bond to refinance a 488MW hydro portfolio in Ontario

  • Solar securitizers dance around disruption

    When the Covid-19 pandemic hit the US, the securitization market slammed shut, prompting Vivint Solar to pivot away from a deal that was "on the cusp of closing" to alternative sources of liquidity. But as Vivint put the finishing touches to its Plan B, a window opened up for ABS issuance and other solar securitizers started piling in

  • Fécamp Offshore Wind Farm, France

    Since financial close on Saint-Nazaire – the first offshore wind farm to make it over the line in France, which struggled to kick-start its programme for years due to legal challenges – the process to start construction and finance projects off the French coast has sped up considerably

  • IJGlobal Webinar: Latin American Renewables Discussion

    IJGlobal – in partnership with LAC-CORE – this week hosted a webinar focused on renewable energy across Latin America

  • Who’d start a new job in lockdown?

    It’s a curious old world, ain’t it? Have you noticed the number of people moving jobs of late? It’s a trend that has a lot of folk around the industry scratching their heads in bemusement. Why on earth would you take a leap of faith in a market like the one we’re not enjoying?

  • Genneia, Argentina

    Developers in Argentina have faced an inhospitable project finance market since 2018, but the country's leading wind developer Genneia has managed to finance no fewer than 9 wind projects in the past 2 years, using creative structures including the company's first ECA-backed corporate loan

  • Webinar: IJGlobal Canadian Power Market Discussion

    IJGlobal this week hosted its first webinar, this one focused on the power market in Canada – with a primary focus on Alberta

  • Japan offshore wind: readying for auction

    The publication of the final auction conditions for Japan's first General Sea Areas offshore wind site is anticipated in June, IJGlobal understands, after the public consultation on the draft conditions closed this month (May 2020). This is for a 20MW floating offshore wind promotion zone, but the market will see some precedents set for the upcoming larger bottom-fixed promotion zone auctions

  • esFaraday battery storage portfolio, USA

    In a sector where there is often more talk than action, Californian developer esVolta cinched a landmark financing earlier this year for what it claims is the first large-scale standalone battery storage portfolio to reach financial close

  • Home workers of the revolution

    Comrades, we gather here today to pay our respects to a way of life that passed earlier this year having lived to a ripe old age… and evolved into the equivalent of a cantankerous old git who’s long overdue a planting

  • Another Covid-19 article – MENA edition

    Low oil prices offset by logistical challenges have been the mainstay of the energy and infra market in the Middle East & North Africa during the Covid-19 pandemic – nonetheless, two projects have reached financial close so far and some sponsors are confident of keeping their assets safe from infection

  • GSRP Portfolio I, US

    At the end of last year, Goldman Sachs Renewable Power, a division of Goldman Sachs Asset Management, closed a $500 private placement to refinance one of the largest commercial and industrial-scale solar portfolios ever amassed in the US

  • Viridor Waste-to-Energy, UK

    After KKR submitted an all-cash £4.2 billion bid in the first round of the Viridor waste-to-energy auction, one of the most highly anticipated M&A processes in the UK, it was hastily wrapped up in less than two months

  • M&A in the Covid-19 epoch: APAC perspective

    Covid-19's impact appeared first in listed markets. Investors in late January were slowly pricing in the disruptions. Today, however, a popular Asia Pacific infrastructure index shows not a prolonged bloodbath but glimmers of a V-shaped recovery. IJGlobal reports on the pandemic's influence on origination, structuring and execution in the region's private market

  • Falling off a cliff – infra style

    As you look out there – virtually, of course, as you shouldn’t be going further than the end of your road unless it’s to load up with a couple of hundred-weight of bog roll – it’s a curiously vibrant market… for now. But dark clouds are massing...

  • Primary Energy Recycling Corporation, US

    Wind and solar are the obvious choices for sustainability-focused energy infrastructure investors, but for one fund manager, a portfolio of waste-heat-to-power plants supplying steel mills in the Midwest ticked all the boxes

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