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Latest North America Analysis
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Training policymakers to drive digital infrastructure
Telecoms North AmericaOne of the greatest challenges facing policymakers is how to transform countries digitally. One of the best ways to achieve this – according to M&E Global managing partner William Cox – is through training, qualifying and motivating them to draft laws and rules favorable to digitalized economies
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Enchant tests investor appetite for CCS with equity raise
Power North AmericaWith the ground rules finally in place for the monetization of tax credits for carbon capture and sequestration (CCS), Enchant Energy has begun to test whether investors are ready to take the plunge, as it seeks equity partners for a $1.3 billion project located at the 847MW San Juan coal-fired generation station in New Mexico
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Hamilton Projects Acquiror, Pennsylvania
Power North AmericaThe Carlyle Group and EIG Global Energy Partners’ deal to take ownership of Panda Power Funds’ Patriot and Liberty combined-cycle gas-fired plants in Pennsylvania ended years of speculation about the fate of the 2 plants. But the story did not end there, as the buyers launched the acquisition financing into a market roiled by coronavirus
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IJInvestor Awards – open for entries
Renewables North AmericaIJInvestor – the IJGlobal title tracking fund deployment and infrastructure/energy M&A activity – has now gone live with the portal for its 2020 awards celebrating achievements and individuals across a global playing field
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Aviator Wind, Texas
Renewables North AmericaAres Management Corp's 525MW Aviator wind farm in Texas had to navigate some Covid-related turbulence, but the private equity firm was ultimately able bring on board a pair of very different buyers to land the deal safely last month
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Griffith Energy, Arizona
Power North AmericaAfter outbidding several rivals in a competitive auction in February for the 570MW Griffith Energy gas-fired project in Arizona, ArcLight Capital Partners was ready to put acquisition financing in place. Then the pandemic happened...
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IJ Unplugged – Minister Prasad Panda
Transport North AmericaThe Canadian province of Alberta is no stranger to the procurement of infrastructure through public-private partnership structures… but it’s been a fairly quiet P3 market for the last 5 years
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JFK Terminal 1, US
Transport North AmericaThree years after Mayor Andrew Cuomo announced his plans to redevelop John F Kennedy Terminal 1, the consortium behind the transaction reached financial close in the midst of a global pandemic that hit the airline industry hard
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Longroad to victory
Renewables North AmericaLongroad Energy proved the viability of 2 relatively new solar offtake structures – the California community choice aggregator-backed power purchase agreement and the Texas solar hedge – when it financed and sold the 160MW Little Bear and 300MW Prospero projects over the course of the past year
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IJGlobal Magazine – The Awards Special
Oil & Gas North AmericaThe summer issue of the IJGlobal Magazine is published today in digital format only. IJGlobal took the decision in the interests of safety not to publish the hard copy due to the coronavirus pandemic
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MTP Finco, Ontario
Renewables North AmericaEvolugen tested the limits of Canadian investors' appetite for delayed-draw private placements in November 2019, when it issued a dual-tranche project bond to refinance a 488MW hydro portfolio in Ontario
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Solar securitizers dance around disruption
Renewables North AmericaWhen the Covid-19 pandemic hit the US, the securitization market slammed shut, prompting Vivint Solar to pivot away from a deal that was "on the cusp of closing" to alternative sources of liquidity. But as Vivint put the finishing touches to its Plan B, a window opened up for ABS issuance and other solar securitizers started piling in
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IJGlobal Webinar – Digital Infrastructure
Telecoms North AmericaThis week’s IJGlobal webinar – The Critical Infrastructure Resilience Discussion – attracted an impressive international audience with the 2 key speakers delving into the a sector that will become increasingly core to subscribers of this service
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District Energy Networks/Vicinity Energy, US
Power North AmericaAntin Infrastructure Partners made good on its commitment to grow its US presence at the end of last year with the $1.25 billion acquisition of Veolia’s District Energy Networks business. The French firm funded the purchase with a $770 million debt package that combined elements of corporate and project financing
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Highway 104 Twinning Project, Nova Scotia
Transport North AmericaThe consortium behind Canada's Highway 104 P3 carried the project to financial close in the midst of the Covid-19 crisis... however, not without a provision in the project agreement allowing for the pandemic
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Webinar: IJGlobal Canadian Power Market Discussion
Renewables North AmericaIJGlobal this week hosted its first webinar, this one focused on the power market in Canada – with a primary focus on Alberta
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IJGlobal Survey – Global Digital Infrastructure
Telecoms North AmericaIJGlobal this week published a survey to gauge understanding and preparedness for Digital Infrastructure – a burgeoning sector that we anticipate will benefit massively from international stimulus packages to revitalise economies post Covid-19
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esFaraday battery storage portfolio, USA
Renewables North AmericaIn a sector where there is often more talk than action, Californian developer esVolta cinched a landmark financing earlier this year for what it claims is the first large-scale standalone battery storage portfolio to reach financial close
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GSRP Portfolio I, US
Renewables North AmericaAt the end of last year, Goldman Sachs Renewable Power, a division of Goldman Sachs Asset Management, closed a $500 private placement to refinance one of the largest commercial and industrial-scale solar portfolios ever amassed in the US