Even though the US government has introduced various new loan programmes to support water infrastructure financing recently, ongoing projects continue to rely on the existing municipal or tax-exempt bond market
Antin Solar Investments’ refinancing of a portfolio of 66MW of solar photovoltaic plants in Italy brings the portfolio under a single umbrella structure and also marks a return of investor confidence in the country
The $2.3 billion I-4 Ultimate PPP, the largest availability payment based transaction in the US to date, sees the return of tight pricing on US transport PPPs, and significant funding support from FDOT
Hochtief, DIF and Kemna's €770 million ($1.02 billion) A7 motorway PPP in Germany marks both the first use of a greenfield project bond for a German road asset and the first European Investment Bank (EIB) enhanced project bond in the country
Days away from allowing the US federal Highway Trust Fund to reach insolvency, Congress finally approved $10.8 billion in funding to the scheme. But the congressional bill is a short-term remedy and raises larger questions around the lack of long-term infrastructure funding in the US
As commercial banks look for market share in the US power market many are turning to merchant power projects, albeit with hedges that provide pricing certainty similar to a short term power purchase agreement (PPA)
Last month Mexican construction firm Ingenieros Civiles Asociados (ICA) closed a Ps3.8 billion ($294 million) bond refinancing which combined revenues from a toll road concession and a hybrid toll/availability-based highway project
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