Latest Analysis
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 inked.
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 value-for-money, cutting edge refinancing was exactly what t
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 In the late 1980s, the government of the republic sought to improve its outdated electrical power infrastructure and
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 with the start of operations at Ashkelon - the Israeli