Mariner Investment Group last week launched a new institutional investor product, which provides regulatory capital relief to banks in an attempt to stimulate new bank lending in the infrastructure market
At the end of 2013 Australian-listed company Macquarie Atlas Roads (MQA) closed the restructuring of roughly £1 billion (US$1.6bn) of debt for the M6 Toll road, also known as the M6 Birmingham Expressway
Eten cold reserve power plant transaction is the first greenfield project bond in Latin America on which investors took on full construction and operation risk, and the first international project bond with a partial credit guarantee in the region
Ryan Wong - TAQA & Matthew Holland - Citi PowerMENA
The re-financing of the Shuweihat 2 (“S2”) independent water and power project (“IWPP”) in the capital markets was a ground-breaking transaction for the UAE and GCC markets and demonstrates the substantial investor appetite for well structured transactions with strong underlying fundamentals.
The Dutch government reached successful financial close on the Zaanstad Prison PPP in October using ING and NIBC's Pebble-Commute financing structure, once again confirming that the country is at the forefront of employing new innovative financing solutions for its projects
Earlier this month saw the financial close of one of the UK's most anticipated transport deals - the Thameslink rolling stock project - confirming above all that long dated bank debt is available for key national infrastructure projects that are well-structured
The Freeport LNG deal is just one example of how insurance companies are competing with bankers and fund managers to provide capital to power and energy projects, especially at a time when lending opportunities in the space are limited
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