Analysis Archive

  • Carry on Cairo?

    Newly elected President of Egypt Abdel Fattah el-Sisi has prioritised major infrastructure projects for his first term in office but despite the rhetoric, the North African country has a lot to do...

  • Axione Infrastructures refinancing, France

    Axione Infrastructures' (AI) recent bond issue - to refinance 11 of its network concessions - saw the French company achieve long term financing of 11 years, a tenor longer than is typical for the...

  • South Stream and the political battleground

    With the expansion of US sanctions against Russia, the regulatory dispute between the EU and Russia, and the resignation of Bulgaria’s government, the ongoing feasibility of Gazprom’s $50 billion...

  • North Island Hospitals, Canada

    The financial close of the North Islands Hospitals project in Canada marks the first ever green bond issue for a Canadian social infrastructure PPP project

  • US LNG's new prospects for Asian offtakers

    The developers of natural gas liquefaction projects want to lessen their dependence on debt from export credit agencies. Will this free them to work with different offtakers?

  • Alto Sertão II, Brazil

    Renova Energia's R$1.044 billion ($468 million) debt-financing for the Alto Sertão II wind complex represents one of the largest Brazilian renewables financings to date

  • Pagbilao 3, Philippines

    The Ps44.09 billion ($1 billion) project financing for Pagbilao power plant phase 3 is the largest ever project financing in the Philippines funded exclusively by local lenders

  • Vietnam’s PPP law

    Vietnam has just delayed the introduction of its PPP law. The news is a setback as the country is in need of the extra investment a transparent PPP process would help attract

  • Tamar refinancing, Israel

    The successful – and attractively-priced – five-tranche $2 billion bond refinancing for Delek Group’s stake in the Tamar gas field should make bonds more attractive to other upstream producers

  • Italy ready for its first project bond

    International banks are already marketing what would be Italy’s first project bond financing for the transport sector and with new legislation approved yesterday (19 June 2014) private placements will...

  • Metro Power, Pakistan

    Pakistan’s Metro Power marks the IFC’s first investment into a wind project in Pakistan and demonstrates the influence multilateral financing can have in boosting the attractiveness of the renewables...

  • US carbon regulations: inevitable and far-reaching

    A recent decree from the US Environmental Protection Agency to slash US carbon emissions further is not unexpected, but could it signal the end for coal-fired power in the US?

  • Sohar Refinery, Oman

    The latest $2.8 billion financing raised by Oman Oil Refineries and Petroleum Industries Company (ORPIC) for its Sohar refinery is part of a wider strategy to boost Oman’s downstream industrial...

  • Aberdeen takes over SWIP

    Aberdeen Asset Management enters infrastructure with the acquisition of Scottish Widows Infrastructure Partners as investor objectives shift to predictable and stable cashflows

  • Waterloo LRT, Canada

    The C$621.2 million ($571.5 million) Waterloo light rail transit PPP in Canada is the latest transit deal to close using a mixture of short-term bank debt and long-term bond financing, after the C$2...

  • Market readies for Thames Tideway Tunnel’s IP structure

    Bidding is underway for construction contracts, and now the much-awaited tender is imminent to finance London’s new Thames Tideway Tunnel

  • Gemini wind, the Netherlands

    The Gemini offshore wind farm in the Netherlands is the largest offshore wind project financing ever, and featured export credit agencies, commercial banks and a Danish pension fund

  • Is Asia ready for project bond enhancement?

    Europe has honed a project bond credit enhancement. Asia is poised to follow

  • Roy Hill, Australia

    The financing for the Roy Hill iron ore project in Australia is the largest deal to close so far this year, and was a rare non-recourse deal in a sector which has been dominated traditionally by...