Latest Analysis

Data Analysis: Western European PV investment plummets from 2010 levels

Overall investment in French, German, Italian, Spanish and UK solar projects has fallen almost every year since 2010 – from $7.7 billion in 2010 to $2.7 billion in 2014, according to IJGlobal data

Progress, but more criticism, for the UK's CfD regime

The UK's new contracts for difference (CfD) regime continues to invite criticism

M&A opportunities pick up amid the oil price collapse

Exploration and production companies have begun cutting back on spending plans amid a period of unexpectedly depressed crude oil prices that is expected to catalyse the M&A market.

India's power future

India’s government wants renewables, and international capital to help meet ambitious targets. But coal-fired and local finance will probably dominate

Peru nears a renewables break-through

Peru continues to favour baseload fuels, but has enacted a renewables mandate and international sponsors and lenders are eager to participate

Data Analysis: Merchant's staying power in the US

US electricity demand growth has been limited since the 2008 financial collapse, and few utilities have been willing to sign new power purchase agreements (PPAs) with independent power projects

Mactan-Cebu International Airport PPP, Philippines

Four years after the launch of the much-anticipated Philippines’ flagship PPP programme, its first project financing – for the Mactan-Cebu International Airport (MICA) PPP – has closed

Milan Metro, Italy

Two availability-based PPP concessions for the Milan Metro are nearing close on debt financings with tenors of up to 21 years

Usolsky potash, Russia

Russian project financings were rare in 2014, and are likely to become more so in 2015. International political tensions will make oil and gas financings - the market’s backbone - hard to pull off.

New challenges for Mozambique LNG

Strong political will underpins Mozambique's ambitions LNG plans, but the new gas price environment creates new challenges

Cape Wind's last stand

The Cape Wind offshore wind project has overcome many hurdles in its 14-year development history

Lower Solu hydro, Nepal

Lower Solu uses a partial dollar payment stream to attract international lenders. But other forthcoming Nepali hydro projects may find it easier to tap the Indian bank market

Antin solar portfolio refinancing, Italy

Antin Solar Investments’ refinancing of a portfolio of 66MW of solar photovoltaic plants in Italy brings the portfolio under a single umbrella structure and also marks a return of investor confidence in the country

Castor gas storage project, Spain

Escal fully redeemed the bonds for its troubled Castor gas storage project in Northern Spain late last month, with an outstanding principal and interest totalling €1.41 billion ($1.72 billion)

Kelar CCGT, Chile

The successful closing of the $477 million debt-financing for the 517MW combined-cycle Kelar power project in Chile’s mineral-rich north marked a series of firsts for the penetration of Korean players to a highly concentrated power sector, amidst significant legal and regulatory reform

Cameron LNG and Freeport LNG, US

The developers of US liquefied natural gas (LNG) import terminals turned out to be wrong when they predicted that persistently high US gas prices would attract LNG cargoes from overseas