Analysis Archive

  • European infrastructure debt: SMAs vs funds

    On 20 September 2016, UBS Asset Management (UBS AM) reached a €570 million ($635.5 million) final close on Archmore Infrastructure Debt Platform (IDP), its first infrastructure debt fund launched in...

  • Data Analysis: Canadian LNG export indecision

    Nearly all LNG projects initiated on Canada’s west coast have been delayed or cancelled in the face of challenging economics and oversupply

  • A28 Rouen-Alençon, France

    The refinancing of the A28 toll road in France replaced three tranches of monoline-wrapped CPI-linked notes maturing in 2017, 2027 and 2032 with long-term bonds

  • Data Analysis: Deutsche Bank blues

    Wider problems at Deutsche Bank have coincided with what appears to be a sharp decline in infrastructure investment by the German lender, following a couple of years of expansion

  • India toll roads: all aboard

    One of the world’s fastest growing countries is building new roads at a furious pace and investors, led by international blue chip funds, are piling in for a piece of the action

  • Data Analysis: US toll roads on sale

    A couple of high profile sales of US real toll road leases during 2015 and 2016 have attracted attention for the high equity values involved. With the market shown to be liquid for these types of...

  • PPK’s Proinversión reform

    Faced with several stagnant landmark projects which have failed to achieve financial close, new president Pedro Pablo Kuczynski (PPK) has pledged to reform the procurement of infrastructure assets

  • Alberta's southwest Calgary ring road PPP, Canada

    The southwest portion of the Calgary ring road is both the longest and most complex section of the existing ring road to be built yet, it is also overall the largest transaction to close in the...

  • Japanese banks in the UK

    While MUFG considers moving its European headquarter out of the UK, Japanese bank debt is heading towards the country’s infrastructure at greater volumes than ever

  • Philippines: Time to catch up

    Having fallen behind its neighbours despite robust economic growth over the past few years, the new administration of President Rodrigo Duterte has pledged to accelerate spending on infrastructure...

  • UK infra policy: a period of procrastination

    The UK government made a decision late last week not to give its National Infrastructure Commission statutory powers

  • Data Analysis: North American Oil & Gas

    The number of project financings in the North American oil & gas sector has dropped by 82% year-on-year, while the total value of transactions is down $100 billion, IJGlobal shows.

  • Take two for Egypt’s solar FIT

    Egypt’s round one 2GW solar feed in tariff (FIT) programme is in its final stretch before the financial close deadline. Terms of round two are being circulated, with sponsors and lenders apparently...

  • Asian investors eye UK nuclear

    As South Korea's Kepco considers investing in Moorside nuclear project, Asian investors look pivotal to the UK's nuclear ambitions

  • Dubai’s determined renewables drive

    The Dubai Electricity and Water Authority (DEWA) recently unveiled a five-part strategy aiming to cut carbon emissions 16% by 2020, adding to its existing target of a 75% share of renewable energy by...

  • Project progress in Turkey

    Less than two months on from Turkey’s attempted coup, the country’s infrastructure developments seem to be progressing. While some banking sources say recent events mean they will proceed with caution...

  • Major oil and gas sell down

    Oil and gas major Royal Dutch Shell last week reached an agreement to dispose of its interest in several blocks in the Gulf of Mexico Green Canyon. It is not the only oil and gas company trying to...

  • Magdalena River Waterway PPP, Colombia

    The Magdalena River waterway PPP, considered one of the most crucial infrastructure projects launched under President Juan Manuel Santos’ administration, has gained a new lease of life

  • Asia project bonds: ready for take-off

    A plentiful supply of cheap bank debt in Asia Pacific has meant the region has had little need for a project bond market. Until now