When Friday The Thirteenth rolls around and the mind turns to the darker aspects of work in search of an editorial, it usually takes longer for a theme to emerge from the maelstrom of global infra/energy news
Despite the wall of capital chasing North American power and renewable energy assets, a number of sale processes for individual projects and portfolios have recently stalled or been scrapped, suggesting that investors with cash to deploy are remaining disciplined
Having plucked two aging Massachusetts peakers out of GenOn Energy’s bankruptcy proceedings in 2018, Stonepeak Infrastructure Partners repackaged them last year into a 1.6GW portfolio called New England Power that proved highly palatable to project finance lenders
A hacking attack recently shut down an entire US gas pipeline asset for two days, underscoring concerns raised by experts and advocacy groups about the growing threat of cyberattacks in energy and other infrastructure sectors
After years of delays, Plenary Justice Miami has reached financial close on the Miami-Dade County civil and probate courthouse that will replace an existing courthouse so old that it once held a trial for Chicago mobster Al Capone
US-based fund manager Harbert Management Corporation almost doubled its renewable energy holdings at the end of last year when it acquired a stake in an 812MW wind portfolio − a deal it ultimately opted to finance in the bank market through a holding company called Gulf Plains Wind
Wow. What a week to have lived through. It started with UK prime minister Boris Johnson revealing that Huawei would be involved in the roll-out of 5G in Britain – potentially leading to a schism with the US – and ended with Brexit… a rift with Europe
While yield-hungry investors of all stripes are viewing distributed, small-scale solar companies ever more favorably, the founders and management of the target companies are finding that there are attractive alternatives to selling stakes in their businesses outright
The lines are being drawn for an East/West technology battle as Intelligent Infrastructure takes a step closer to becoming reality… with the US placing itself in the vanguard as the tech protector for Western nations
Developers of gas-fired projects in PJM Interconnection are forging ahead with financing plans for Q1 2020, despite lingering uncertainty over the delayed capacity auction timetable and rules, while frustrated renewable energy developers have been forced back to the drawing board
It seems fitting that the first editorial of a new decade should focus on how the market is evolving to meet future demands as greenfield infrastructure morphs into a creature significantly different to the beast we know
When we go out to meetings and dare to drop into the conversation the subject of awards nights, it can go either of two ways. Either they lean in, ears pricking up… or they peer at you through fingers, shaking heads vigorously
All you ever hear these days is doom and gloom. You’d think we were back in the days of box-toting bankers smiling ruefully for the cameras as they exit Lehman Brothers for a final time, liberated pot plant under arm
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