Latest Asia Pacific Analysis

  • Finish line for marathon Central Java financing

    The seven year saga to get the $4.3 billion 2,000MW Central Java ultra-supercritical coal-fired power project to financial close finally came to an end this week

  • Opportunities for Australian investors

    Institutional investors in Australia have fast growing pots of capital to invest, and have long been comfortable with infrastructure as an asset class. These investors are increasingly looking to foreign markets for assets, but more attractive new opportunities may be closer to home

  • Indonesia limps toward power generation target

    President Joko “Jokowi” Widodo’s target to install 35,000MW of new power generation capacity by 2019 has created aggressive competition for projects in Indonesia. But progress has been slowed thanks to the limitations of state utility PLN

  • Philippines: Aquino’s PPP legacy is a bulging pipeline

    Under outgoing president Benigno Aquino, the Philippines has tendered out more PPP projects than the previous three presidents combined. But while 25 PPP projects have been launched during his five-year term, only five deals have crossed the finishing line to financial close

  • Kuala Lumpur-Singapore high-speed rail not yet on track

    A memorandum of understanding (MOU) on the long-touted high-speed railway line between Kuala Lumpur and Singapore looks set to be signed in June 2016. But Singapore may yet walk away if the richer city-state decides the project is not commercially viable

  • The art of arranging

    Commercial banks are often judged by the total value of debt provided to clients over a specific period. During a time of restricted balance sheets and increased regulation however, it may be worth considering other ways to measure performance

  • Record deal reveals Japan’s negative yield pain

    The Bank of Japan’s adoption of negative interest rates drove down the debt pricing on the country's biggest-ever project finance deal. But Japan’s commercial banks are concerned what impact the move will have on their funding costs

  • Falling FIT acts as a brake on Japan solar

    The a decline in feed-in-tariffs (FIT) rates for new renewable energy projects in Japan has put a brake on new solar power developments

  • Thar Coal, Pakistan

    The Thar coal project financing is the first integrated coal mining and coal-based power project to reach financial close in the China-Pakistan Economic Corridor and a clear signal of China’s growing influence regionally as its ‘One Belt, One Road’ initiative starts to take shape

  • Indonesia’s new oil & gas law

    The preferential treatment offered to Pertamina under Indonesia’s oil & gas law may scare off foreign investment at a time when the country needs it most

  • Data Analysis: Australia's debt market

    Australia’s debt market remains largely dominated by the big four Australian banks – Australia & New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac – although there are some signs that international lenders, traditionally content to club with Australian banks, are starting to rival their domestic counterparts on deals

  • TransGrid, Australia

    The A$10.3 billion financing for the acquisition of the 99-year lease of New South Wales electricity distribution company TransGrid tested the willingness of the offshore bank market to finance large infrastructure assets in Australia and international banks responded with a clear positive signal

  • Track 3B, Malaysia

    Malaysia’s 3B has had an eventful history to say the least, although the financing represents a successful outcome for sponsors Tenaga Nasional and Mitsui

  • Data Analysis: Asia-Pacific investment volumes

    Asia Pacific's infrastructure deficit is vast but the number of bankable deals is still small, leading to patchy deal flow and wild fluctuations in investment volumes when comparing one year to the next

  • Edra Global Energy acquisition, Malaysia

    1MDB’s sale of its power unit, Edra Global Energy, to a Chinese developer allows the fund some breathing space to pay off its debt, although ultimately throws up more questions than it answers

  • Data Analysis: Limay and the Philippines’ power sector

    The Philippines’ power sector remains almost exclusively the preserve of local banks, although one deal working its way through syndication may change that

  • The competition for Indonesia’s Java 7

    PLN’s decision to tender out the 2x1000MW Java 7 independent power producer project without a government guarantee raised a few eyebrows, but this doesn’t seem to have deterred many bidders

  • Australia's newest infrastructure PM

    Malcolm Turnbull’s ascension to the premiership is music to the ears of urban transport enthusiasts, even if Canberra's influence is blunted in other sectors

  • Hornsdale wind, Australia

    The A$284.8 million financing for the Hornsdale wind farm is notable for being the first project financing under the Australian Capital Territory’s wind auction, representing a rare bright spark of activity in Australia’s otherwise dormant renewables sector

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