Exclusive Intelligence

EFA inks inaugural financing in India

PROPRIETARY

Export Finance Australia has signed its first financing in India, with another similar deal in the pipeline

Clifford Capital prices $500m debut sale

PROPRIETARY

Singapore-headquartered infrastructure credit platform Clifford Capital has priced a $500 million 3-year debut bond transaction, its first-ever unguaranteed issuance

GuarantCo backs green projects in Mongolia

PROPRIETARY

Private Infrastructure Development Group-backed GuarantCo has provided a 5-year, 100% payment default guarantee of $41.5 million to Trade and Development Bank JSC to support the latter’s critical sustainable infrastructure projects in Mongolia

Indonesia’s sovereign fund readies patriot bond launch

PROPRIETARY

Just over 6 months after its launch in February, Indonesia’s sovereign wealth fund Danantara is preparing to issue its first “patriot bonds” to mainly fund infrastructure development, IJGlobal understands

IFC weighs up commitment to Ninety One EM fund

PROPRIETARY

The International Finance Corporation is considering an anchor commitment of up to $100 million to an emerging markets infra debt fund managed by Ninety One

EQT preps seventh infra fund, Sweden

EXCLUSIVE

Swedish investor EQT is preparing its seventh infrastructure fund with initial registrations filed in Luxembourg today, IJGlobal can reveal

Uganda closes infra budget financing

PROPRIETARY

The government of Uganda has secured a €230 million facility to finance its infrastructure and development budget for FY 2024/25

Golding hits €825m final close on fifth FoF, Germany

PROPRIETARY

Munich-based Golding Capital Partners has reached final close on its fifth infrastructure fund-of-funds at €825 million, surpassing a €700 million target

Financing secured for Ecuador hospital PPP

PROPRIETARY

The government of Ecuador and concessionaire Grupo Campana has secured financing from IDB Invest and CIFI for the construction of a specialised hospital in Guayaquil

Romania launches debut healthcare PPP

EXCLUSIVE

The Municipality of Timisoara has launched a €140 million hospital PPP, IJGlobal can reveal

Utilitas to launch district heating, renewables refi, Est...

EXCLUSIVE

Estonia’s largest district heating and renewable energy producer Utilitas Group is preparing to launch a €1 billion refinancing within the next 2-3 weeks, IJGlobal can reveal

IJGlobal Investor Awards 2025 – APAC judging panel

EXCLUSIVE

We are delighted today to announce the Asia-Pacific judging panel for IJGlobal Investor Awards 2025 to celebrate achievements in APAC fundraising and deployment as well as M&A across the energy and infrastructure asset classes

Analysis & Case Studies

Equitix – the European expansion

As part of its wider European investment strategy, UK-based manager Equitix in June closed its second Europe-focused infrastructure fund at €1.4 billion in total commitments as it continues its continental expansion

Chile's Los Rios-Los Lagos hospital PPPs

The Los Rios-Los Lagos hospitals package reached financial close in February 2025, taking 5 years from announcement to final signing and overcoming significant hurdles to get construction underway.

Infra funds – Christmas come early?

Data for our Q1 fundraising report that will be published shortly echo the mood across the industry – that this first quarter felt a lot more like Q4… a time when fund managers bust a gut to achieve final close before the end of the calendar year

IJGlobal Regional Report – MEA FY 2024

Infrastructure financing across the Middle East and Africa stepped up impressively over the course of the full-year 2024 with Saudi Arabia dominating activity

Other News

Franklin Templeton social infrastructure strategy tops €1...

Franklin Templeton’s Social Infrastructure Strategy has surpassed €1 billion of gross asset value following 4 acquisitions in 2025 worth more than €200 million

Green light for Greek waste management PPP

Greece’s Interministerial Committee has approved 4 waste and recycling plants with a combined cost of €157.2 million

Statkraft’s sells Nordic district heating business

Patrizia and Solör Bioenergi have agreed to acquire Statkraft Varme in a transaction valued at up to €312 million, including a contingent earn-out tied to future performance

Sao Paulo administrative PPP delayed

Auction for the concession of the Campos Eliseos administrative centre has been delayed from 10 October to 28 November

Clifford Capital appoints MD, Singapore

Clifford Capital has appointed Nelly Harapoff as managing director and head of institutional coverage for markets and investor services

Education PPP reaches FC, Peru

Peruvian investment agency ProInversión has reached FC on the country’s first education PPP – a bundle including 3 boarding schools for high achievers – paving the way for construction

IFC invests in TWM Group, PNG

The International Finance Corporation is investing $10.2 million in waste management company TWM Group in Papua New Guinea through a PNG kina-denominated fixed-rate loan

Fiera, UBC launch C$800m real assets mandate

Fiera Capital is launching a C$800 million infrastructure and real estate investment strategy in partnership with the Canadian district of the United Brotherhood of Carpenters and Joiners of America

Minas Gerais auctions off hospital PPP, Brazil

The government of Brazil’s Minas Gerais state has auctioned off the HoPE hospital complex PPP in Belo Horizonte

Actis to acquire 800 Super stake, Singapore

Actis has agreed to acquire 90% stake in Singapore-based integrated environmental management company 800 Super for an undisclosed amount

Shenzhen prices themed CNH bonds

The Shenzhen Municipal People’s Government in Guangdong, China has priced its $563 million bond offering, including green notes

ADB approves urban services loan for India

The Asian Development Bank has approved a $179 million to improve urban services and climate resilience in 7 towns of Sikkim, India

Shenzhen's $563m initial bond pricing out

The Shenzhen Municipal People’s Government in Guangdong, China has set an initial price guidance for its planned issuance of up to $563 million of bond offering that include green notes

EOI out for military factory privatisation, KSA

The National Center for Privatization and PPP has launched an EOI for the privatisation of the Kingdom’s Military Uniform and Accessories Factory, Riyadh

Alberta schools’ bundle 8 bids due November

Interested firms have until 4 November to respond to an RFQ to DBFM 3 new high schools in Alberta

Reports



IJGlobal League Tables H1 2025 – infra finance stumbles

The first half of 2025 saw a significant decrease in infrastructure financing, IJGlobal’s Infrastructure and Project Finance League Table Report shows

IJGlobal League Tables Q1 2025 – primary financing resurg...

In a quarter that saw a decrease of infrastructure finance, some 20% down when held against the same time period last year, there was – however – a significant increase in primary financing

IJGlobal Regional Reports – FY 2024

IJGlobal today pulls together a final piece on international infrastructure financing from over the course of the 2024 calendar year, combining all data gathered from the regional reports

IJGlobal FY24 Funds and Investors League Tables

While the news for full-year 2024 was dominated by consolidation across the infra fund community, fundraising has continued undaunted to achieve a respectable level of activity

IJGlobal League Tables FY24 – refi dominates

IJGlobal’s full-year 2024 data for greenfield infrastructure and energy transactions show a marked improvement on the previous year, however a good deal of the activity is dominated by debt refinance

Funds & Investors Report FY24 – slow and steady

Full year 2024 proved to be the least active in recent times for fundraising by closed-ended, unlisted infrastructure funds, capping off the 12-month period with the second worst quarter since the start of 2020

Funds & Investors Report Q3 2024 – smaller funds rule

Fundraising by the global infrastructure fund community – despite having performed poorly in the third quarter – has performed more consistently over the first 9 months of the year when compared to previous years

IJGlobal League Tables Q3 2024 – rise and fall

The first 3 quarters of 2024 marked an 8% increase in infrastructure finance when held against the corresponding period from the year before, led by a rise in M&A activity, continued growth in bond finance and DFI lending, as well as a spike in refinancings