• M6 Budapest-Dunaujváros wrapped bond refinancing

    Simon Ellis Transport Europe

    After the political wrangles and hasty re-nationalisations of the last decade, Hungary's road privatisation programme finally seems to have come of age.

  • Plum Point coal-fired power plant

    Vander Caceres and Simon Ellis Power North America

    During the initial merchant power boom at the start of the millennium, coal had become a dirty word - write Vander Caceres and Simon Ellis.

  • Aspire Defence's Allenby Connaught MoD PFI

    Vander Caceres Social & Defence Europe

    Financial close for the UK MoD’s Allenby Connaught project sponsored by Carillion, KBR and HSBC has taken longer than anticipated, but the size and structure of the bonds have broken new grounds and will serve as a benchmark transaction

  • Highland closure - the region's second schools PFI

    Angus Leslie Melville Social & Defence Europe

    Scotland's second Highland Schools PFI project - a deal that stands out as the largest Scottish school-building programme and the biggest UK bond-financed education PPP to date - has closed

  • ASAlliances Biofuels Ethanol portfolio

    Simon Ellis Renewables North America

    Ethanol has long been seen as the country cousin of conventional fuels such as petroleum and diesel, but things are changing fast.

  • French road project - the A41 motorway

    Angus Leslie Melville Transport Europe

    The last year - 2005 - marked a turning point for project finance in France. It turned out to be a monumental year that saw the French government finally address the issue of a wider adoption of PPP-style investment - with the first real transport project

  • Freeport LNG - Texas import terminal

    Ben Cobley Oil & Gas North America

    The road to the realisation of Freeport LNG in the US is one with many twists and turns - but with construction advanced and financing secure, the project will become one of the first of a new wave of LNG import terminals for the power-hungry US market in

  • M1/Westlink – Northern Ireland’s first PPP highway

    Transport Europe

    The M1/Westlink DBFO project - won by a Bilfinger Berger-led consortium last year - is crucial to Northern Ireland's economy as the key access route into the Irish Republic.

  • Cerro Verde copper mine expansion - Peru

    Ben Cobley Oil & Gas Latin America

    Cerro Verde’s US$850 million mine expansion financing included the largest project financing for a mining project in Latin America in 2005 – US$450 million. In doing so it brought together Japanese export credit agency JBIC commercial banks, kfW – with a

  • Barcelona's pioneering justice PPP

    Marc Roca Social & Defence Europe

    The €325m (US$385m) Barcelona Judicial Courts PPP project is the pioneer of non-road project finance in Spain. Even if it closed on at the end of last year, its path since it was awarded more than two years ago is that of a true pathfinder deal in the Ibe

  • The UK MoD's Skynet 5 restructuring

    Edward Berry Telecoms Europe

    When the MoD closed the UK's Skynet 5 - the country's largest PFI project of all time - it was immediately apparent that it needed to be bigger yet. And that was what prompted its restructure. A value-for-money, cutting edge refinancing was exactly what t

  • Israel’s Ashkelon desalination DBFO project

    Water MENA

    The question of water - where should it be obtained from, who should manage it, how much is really needed - has long got people hot under the collar in the Middle East and Israel is no exception. But with the start of operations at Ashkelon - the Israeli

  • Rain-making Spanish irrigation project

    Oil & Gas Europe

    Spain’s €1.5 billion (US$1.9bn) Segarra-Garrigues irrigation project to breathe life into a large part of central Catalonia is one of those projects ...

  • Bassetlaw grouped schools PFI, UK

    Social & Defence Europe

    Transform Schools – the PFI consortium made up of Balfour Beatty and Innisfree – has closed one of the UK’s largest grouped school projects to date, the ambitious £135m Bassetlaw in the English Midlands,

  • Hamma time - Algeria's desal project

    Angus Leslie Melville Oil & Gas MENA

    The Hamma Water Desalination Project in Algeria stands out as ground-breaking initiative to solve the capital city’s water shortages, while at the sa...

  • Sea-to-Sky Highway

    Transport North America

    The US$498 million Sea to Sky highway improvement project stands out as a milestone for the Canadian province of British Columbia as one of its first motorway upgrade PPP projects, writes Edward Berry.

  • Nam Theun 2, Laos

    Angus Leslie Melville Power Asia Pacific

    The 1,070MW Nam Theun 2 hydro project in the Lao People’s Democratic Republic stands out as one of the most innovative pieces of project financing for a number of reasons, not least because it is one of the most completx examples of PPP in Asia

  • Transform Schools North Lanarkshire

    Simon Ellis Social & Defence North America

    Last week in North Lanarkshire, Transform Schools – a consortium of Balfour Beatty and Innisfree – closed one of the most significant PPP financing deals to have closed to date in the mature UK market

  • Newcastle hospital

    Social & Defence Asia Pacific

    In the spring of 2003 an Equion-led consortium won preferred bidder status on one of the biggest...