Analysis Archive
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League tables & funds – a game of one half
Oil & Gas Sub-Saharan AfricaIt’s been a busy time for IJ with our half-yearly league tables for global infrastructure and project finance and the H1 2018 funds and investor report – the finishing touches to which have been put...
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Meza la Paz wind farm, Mexico
Renewables Latin AmericaThe Mesa la Paz wind project may have started a new way of financing energy projects in the country, with bonds covering both construction period and a long-term PPA.
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1MDB: the reckoning
Oil & Gas Asia PacificThe 1Malaysia Development scandal that swept the opposition into power is turning into a reckoning for $22 billion worth of China-backed infrastructure projects
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Estonia runs before the wind
Renewables EuropeEstonia will need to make a big push in the renewables space to stay on track to achieve its renewable energy targets for 2030. And this is likely to involve massive deployment of wind energy
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Does Ijmuiden lock signal more woes for BAM?
Transport EuropeThis month saw European construction giants BAM and VolkerWessels announce a second cost overrun due to continuing problems with the Ijmuiden lock project in the Netherlands. This time, the overrun...
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Canadian PPP efficiency
Transport North AmericaCanadian provinces are undertaking colossal pipelines of PPPs but have a formidable record of bringing them to financial close
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The Mexican infra revolution
Oil & Gas Latin AmericaFew things throw a cat among the pigeons more effectively for a national infrastructure programme than a change in political leadership – and that’s precisely what’s happened in Mexico
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Acquisition of Cory Riverside Energy, UK
Renewables EuropeWhen a consortium led by London-based infrastructure fund manager Dalmore Capital emerged as preferred bidder in the sale of UK energy-from-waste company Cory Riverside Energy, there was some surprise...
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Borssele III/IV offshore wind, Netherlands
Renewables EuropeBlauwwind II reached financial close on Dutch offshore wind farms Borssele III/IV at the end of June, concluding the two-year procurement on the $1.7 billion greenfield deal that stands out for...
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Indonesia talks the PPP talk
Power Asia PacificIndonesia's National Development Planning Agency recently announced that it has committed $3.4 billion in state funds for infrastructure investment in 2019
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World Cup 2018 – the infra pitch
Latin AmericaWhen it comes to an international showdown, I have to admit that infrastructure’s a lot closer to my heart than football (forgive me, I’m Scottish). However, in the spirit day as the World Cup 2018...
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Belt & Road: China's Malacca dilemma
Transport Asia PacificOnce the key pillar of China’s Belt & Road initiative, the Malaysian opposition’s election victory in May has raised questions about Beijing’s strategy going forward
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A rocky road ahead for Argentina's PPPs
Latin AmericaThe recent award of six toll roads in Argentina should have been a moment of triumph for President Mauricio Macri's government, which has made increased infrastructure investment a priority. But the...
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France bites bullet – softly – on subsidies
Renewables EuropeFrance has bitten the bullet on subsidies for the first two rounds of its offshore wind programme, slashing them from an eye-watering €200 per MW over 20 years to a – let’s be honest – still pretty...
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Ituango hydro: hopes for sunrise over flooded lands
Renewables Latin AmericaThe almost literally collapsing Ituango hydropower project in Colombia may open the way to a faster development of renewables in the country
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New York sees a green future
Renewables North AmericaThe state of New York in March announced both that it was awarding 26 large-scale renewables projects worth $1.4 billion, and that it had requested to be excluded from the federal offshore oil and gas...
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Norway – Alt for Norge
Transport EuropeIn a European infrastructure market that has been dominated in recent times by refinancing and acquisitions, it seems counter-intuitive to focus on greenfield PPP developments, but hopes springs...
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A30 toll road refinancing, Canada
Transport North AmericaThe refinancing of a project which was intended to divert traffic away from Montreal Island has steered a whole load of Canadian paper across the southern border and into the hands of US investors – a...
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DFI lending in Rwanda
Power Sub-Saharan AfricaSince President Paul Kagame launched his country's Vision 2020 development plan in 2000, substantial progress has been made on improving Rwanda's infrastructure