Latest Analysis
49.99% acquisition of Altice Portugal FTTH
Telecoms EuropeYesterday, Altice and Morgan Stanley Infrastructure Partners concluded the latter’s acquisition of a 49.99% stake in Altice’s Portuguese fibre network
More smoke than fire in standalone batteries
Renewables North AmericaA coterie of developers, project finance lenders and equity investors have been jockeying for position on the front line of a widely-tipped tidal wave of standalone battery storage deals for years, but with the exception of a few high-profile deals, so far there's been a lot more talk than action
Nobody does air-quotes any more
Renewables EuropeThere’s been a very quiet revolution over the last month that hardly anyone has noticed… because we’re all working from home. This seismic shift has been in the attitude to WFH, if you’ll excuse what appears to be teenage text-speak
Covid-19: Coping strategies for APAC
Oil & Gas Asia PacificDuring the first half of April (2020) IJGlobal has been asking 10 project finance lenders and advisers across Asia Pacific financial hubs Sydney and Singapore, Beijing and Hong Kong about the impacts of Covid-19
Covid-19 – The resilience of energy funds
Renewables EuropeWhile the airport and road sectors have been hit pretty heavily by the outbreak of Covid-19, the energy space is proving resilient
Central Penn Gas Pipeline, Pennyslvania
Oil & Gas North AmericaOne the last remaining publicly-listed renewable energy yield companies in the US, NextEra Energy Partners, made a major fossil fuel investment last year when it acquired a stake in the 185-mile Central Penn gas pipeline in Pennsylvania for $1.37 billion. The financing included tightly-priced term debt and a complex convertible equity deal
The great infra coverage up
Transport EuropeA significant date in the project finance calendar – 31 March – slid past this week with little remark, but as we cringe our way through the financial Armageddon that is coronavirus, it’s unlikely such popular interest payment and calculation dates will be treated in the future in quite so blasé a manner
ANI's president on the 5G road programme
Transport Latin AmericaStalled Fourth Generation (4G) road PPPs in Colombia will not delay the government launching the revamped 5G programme but the Covid-19 pandemic will, Manuel Felipe Gutiérrez, president of the national infrastructure agency (ANI), told IJGlobal in an exclusive interview
Gulf Pluak Daeng CCGT, Thailand
Power Asia PacificChina’s first confirmed Covid-19 case has been traced back to 17 November 2019. A day later and thousands of kilometres away, Gulf and Mitsui & Co had reached financial close on the $1.66 billion Gulf Pluak Daeng combined-cycle gas turbine power plant complex in Rayong – a core province in Thailand's Eastern Economic Corridor development plan
Ibri II solar PV, Oman
Renewables MENAOman’s first utility-scale, grid connected renewable energy project reached financial close just as the world entered economic turmoil caused by the Covid-19 pandemic
Genex gets K2-Hydro back on track
Renewables Asia PacificGenex Power has succeeded in the signing of a new PPA for the A$700 million, 250MW Kidston Pumped Hydro project in Queensland, with EnergyAustralia firmly back on board as the offtaker but no longer as the 50% equity partner
Stir crazy and staying safe
Transport Asia PacificWe’re all in the same boat now – moving like cagey tigers in our allotted territories, wading through thousands of unnecessary emails, wrestling with yesterday’s wonder technology innovation… all the while maintaining an ostensibly-genial appearance for the nearest and dearest
Diverging fortunes of infra M&A
Transport EuropeElasticity of demand is proving to be burdensome for almost all infrastructure assets: transport has seen a monumental collapse whilst telecoms has seen significant upticks. What will this mean for M&A processes linked thereto?
Javiera, Sol del Desierto, Chile
Renewables Latin AmericaAtlas Renewable Energy financed a pair of solar projects in Chile in the US private placement market at the beginning of March, skillfully winning over a skeptical investor community that lacked positive experiences of financing renewables in the country
IFC: smart solutions for urban and remote communities
Renewables Asia PacificIFC's East Asia and Pacific director Vivek Pathak and country manager for Australia, New Zealand, Papua New Guinea and Pacific Islands Thomas Jacobs talked to IJGlobal about their urgent work in promoting "smart solutions to the problems of urbanisation", such as waste to energy plants and affordable housing townships, as well as bringing new models for developing off-grid energy infrastructure
Living in unprecedented times
Oil & Gas EuropeAt times like these – and there haven’t been any of those – it’s hard not to peer into the rear-view mirror to draw comparisons with yesteryear. However, that’s not possible in these unprecedented times… a term that’s already ageing badly… as coronavirus sweeps the planet