Analysis Archive
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The long and winding road: Maritsa East 1 Power Project, Bulgaria
Power EuropeWhen AES bought out the parties that were to develop a 600MW coal-fired power plant in Bulgaria back in the late 1990s it didn't expect it would be another six years before the financing would be...
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The UK MoD's Skynet 5 restructuring
Telecoms EuropeWhen 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...
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The pitfalls of project finance in developing states
Power Sub-Saharan AfricaThe Republic of Seychelles is an archipelago in the Indian Ocean, north east of Madagascar with a population of only around 81,000 people. In the late 1980s, the government of the republic sought to...
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Israel’s Ashkelon desalination DBFO project
Water MENAThe 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...