Latest Analysis

IJInvestor Awards 2019 Rising Star – Mounir Corm

Talking to Mounir Corm, one immediately realises that you are dealing with someone whose interests and skills reach far beyond the financial universe

PF bankers declare war on The Man

One thing a hack never wants to do is to give credit to another title for making a fair fist of a story that sits firmly in his/her own sector… but today, this infra scribbler is swallowing pride while doffing a cap to the FT for writing a story that impacts infrastructure finance on a global basis

Institutional investors bid high on LatAm infra

In search of greater returns, institutional investors from all around the globe seem to be increasingly prepared to take on greater risk. One example of this is a rising appetite for direct investment in Latin American infrastructure, with 2019 figures being three times higher than the full previous year

Puerta de Hierro – Palmar de Varela 4G road, Colombia

The latest project to reach financial close under Colombia's massive 4G road programme, the Puerta de Hierro – Palmar de Varela and Carreto – Cruz del Viso toll road crossed the finish line at a time when the Colombian government is pushing hard to move on the more troubled of the 4G projects ahead of the next generation of road concessions

Brazil political risk for infra investors

Brazil’s political risk is declining after a decades of tumultuous events. The political crises involving ex-President Luiz Inácio Lula da Silva, Odebrecht, Petrobras and Operation Carwash remain painful reminders to investors worldwide of unmeasured political economic risks

Omaezaki-kou biomass, Japan

As Japan winds down its generous solar feed-in tariff scheme, the country’s developers have turned to biomass, which still enjoys a relatively high FiT. Renova took full advantage of Japan’s 20-year FiT to structure an aggressively leveraged transaction for its 75MW Omaezaki-kou biomass power plant in central Japan

IJInvestor's Outstanding Individual: Deborah Zurkow

The inaugural winner of the IJInvestor Awards’ Outstanding Individual accolade is Deborah Zurkow, a woman widely credited as one of the driving forces behind the development of infrastructure as a distinct asset class in the eyes of institutional investors

No, actually… it’s all about us!

When we go out to meetings and dare to drop into the conversation the subject of awards nights, it can go either of two ways. Either they lean in, ears pricking up… or they peer at you through fingers, shaking heads vigorously

Zeroing in on Dutch offshore wind

The Netherlands earlier this year announced a winner in the country's second zero-subsidy offshore wind tender. It was only open to subsidy-free bids and paved the way for a first negative subsidy tender due in 2021

What next for Cellnex?

Spanish communications infrastructure operator Cellnex Telecoms has had an impressive year having made a string of substantial asset acquisitions, and with several more potential acquisitions in the pipeline. Given such a high level of M&A activity, what is Cellnex’s long-term strategy?

The renewable race to refi

All you ever hear these days is doom and gloom. You’d think we were back in the days of box-toting bankers smiling ruefully for the cameras as they exit Lehman Brothers for a final time, liberated pot plant under arm

Umm al Quwain IWP, UAE

Only a few remaining conditions precedent stand in the way of ACWA Power reaching financial close on a second desalination facility in the United Arab Emirates in just one month – the latest being the $800 million Umm al Quwain IWP

Fund analysis: AMP Capital Infrastructure Debt Fund IV

As the interest for mezzanine strategies spreads among equity managers, AMP Capital has reinforced its reputation in this space by raising a total $6.2 billion on its latest vintage

A tale of two sectors

Renewable energy projects and mining developers have both seen significant investment in Sub-Saharan Africa in recent years

A game of infra bingo

Ladies and gentlemen, take your seats for this afternoon’s infrastructure entertainment. We’ve a game for you to play – a real crowd-pleaser – one that’ll have you on the edge of your seats and excite your competitive spirits

Formosa 2 offshore wind, Taiwan

Formosa 2’s $2 billion debt package closed late in October 2019 with the equity contributions to be finalised later in November. The project financing marks K-Sure and Taiwan Life's entries into the market, but Taiwan's state-owned banks have cold feet when it comes to offshore wind