Latest Analysis
Antwerp Gateway refi, Belgium
Transport EuropeThe infrastructure debt markets are being continuously tested for resilience as coronavirus continues to dominate the headlines, mostly impacting greenfield projects that are largely being pushed back in the hope of a more stable economic environment
La Estrella & Sol de Los Andes, Chile
Renewables Latin AmericaFour years after a competitively-bid renewables auction in Chile, financings for projects that were awarded contracts continue to trickle through to financial close, with OPDEnergy among the last to cross the line
Training policymakers to drive digital infrastructure
Telecoms Asia PacificOne 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
Trials and tribulations of living at work
Social & Defence EuropeThe cuckoo effect is ramping up to alarming levels. Having returned from furlough, my co-worker (wife) has firmly established her beachhead on the dining room table, cutting eyes every time I “jump on” a Teams call or (quietly) chew the fat with an old chum, chuckling over a bon mot or two
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
I have never gone so long without…
Renewables EuropeIt was while sitting at the dining room table, bashing away at the laptop desperately trying to ignore my co-worker (wife) who is a lot noisier on the phone than she gives herself credit for being, that one of her booming contacts quips: “I have never gone so long without…”
Almaty Ring Road PPP, Kazakhstan
Transport Asia PacificThe Kazakh tenge has been volatile and eventually collapses 50% against the US dollar just days before the selection committee opens the financial-bid envelopes to develop the Almaty Ring Road PPP project. It is November 2015 and bidders are increasingly anxious. IJGlobal unpacks a road of many firsts
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
IEnova solar portfolio, Mexico
Renewables Latin AmericaIn early June, Sempra Energy subsidiary IEnova reached financial close on a 376MW four-project portfolio of solar assets in Mexico, even as the country's renewable energy sector grappled with delays, a hostile government and a financing environment that many considered impossible
PPPs in Australia's infra-led recovery
Transport Asia PacificAustralia's PPP pipeline could be set for a boost as politicians in state and federal governments around the country have fast-tracked infrastructure approvals and allocated billions in new budget, as they aim for a construction-led economic recovery from Covid-19. After a surprise PPP cancellation in Victoria, signals for PPP players are mixed...
IJInvestor Awards – open for entries
Renewables Asia PacificIJInvestor – 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
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
The new BNDES, a one-stop-shop
Transport Latin AmericaBrazilian development bank BNDES has been trying to reposition itself over the last 12 months, the timeframe of its new administration. Traditionally seen as a major competitor by commercial national and international debt providers, the institution is making an effort to be more than just a lender. It aims to become a one-stop-shop for developing Brazil’s infrastructure
IJ Survey – Digital Infra to re-boot economies
Telecoms EuropeInvestors are poised to commit heavily to digital infrastructure, according to a new worldwide investor survey and study conducted by IJGlobal and M&E Global. The global survey reveals that 63% of respondents – all of whom are actively involved in the financing or delivery of digital infrastructure – believe that the Covid-19 pandemic will give digital infrastructure a significant push...
Al Kharsaah solar PV first phase, Qatar
Renewables MENAA consortium led by Marubeni and Total have closed on the first phase of its 800MW solar PV with a low tariff of $0.01449 per kilowatt hour that has helped to push the cost of renewable energy further down in the midst of the Covid-19 pandemic
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...