Latest Analysis
Lower Solu hydro, Nepal
Renewables Asia PacificLower 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
Renewables EuropeAntin 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
Oil & Gas EuropeEscal 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
Power Latin AmericaThe 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
Oil & Gas North AmericaThe 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
Central Asia’s oil and gas future
Oil & Gas Asia PacificCentral Asia has tremendous potential for oil and gas development, but getting projects to run on time is no easy task
Donggi-Senoro LNG, Indonesia
Oil & Gas Asia PacificThe $2.8 billion Donggi-Senoro LNG project is the first LNG financing in Indonesia to dispense with a trustee borrowing scheme
Shale's slow start in the UK
Oil & Gas EuropeToday’s announcement of some £36 million ($56.4 million) of state funding for UK shale development will no doubt be welcome news for the country’s fledgling shale industry
Across party lines
Transport North AmericaWhat does the recent Republican victory in the US mid-term elections mean for the country's PPP pipeline?
Abengoa green bond issue sparks recourse questions
Renewables EuropeSpanish infrastructure developer Abengoa has been forced to defend the way it accounts for its projects’ debt, after a green bond issue led to questions from nervous bond investors
A9 Gaasperdammerweg expansion PPP, Netherlands
Transport EuropeThe latest mega road PPP project in the Netherlands is a testament to the competetive pricing and lengthy tenors that banks are offering, as they maintain their role alongside institutional investors in European PPP
Dumping deadlines
Renewables Sub-Saharan AfricaThe South African government is close to missing another deadline for its renewables programme, as Eskom funding concerns and constrained grid capacity delay approvals
Crunch time for Brazilian infra
Transport Latin AmericaOne of the greatest challenges newly re-elected President Dilma Rousseff faces is bridging Brazil's huge infrastructure deficit with the help of a dubious private sector
Aurora gold mine, Guyana
Mining Latin AmericaThe $185 million project financing for Guyana Goldfields' Aurora gold mine is a first in Guyana. It also featured no gold hedging, two commercial banks, and a new IFC lending programme
Bundling PPP projects
Transport North AmericaBundling projects has its efficiencies on both the procurement and financing side, but it also carries certain challenges for the public and private sector
M2 Motorway refurbishment, Pakistan
Transport Asia PacificThe M2 Islamabad to Lahore motorway refurbishment project has been beset with troubles from cost and contract disputes to full scale government shutdown