Latest Analysis
Cloghboola wind farm acquisition, Ireland
Renewables EuropeCloghboola demonstrates the appetite for institutionals to take on smaller-sized debt, using a hybrid structure more commonly seen in the US market
Data Analysis: New sponsors enter Mexican wind
Renewables Latin AmericaThe total value of wind farm financings reaching close in Mexico slightly declined in 2015, according to IJGlobal data, but activity in the sector is set to rebound
SunEdison behind a cloud
Renewables North AmericaIn the last quarter, the self-styled world’s biggest renewables developer has become a toxic stock and appeared to stumble from one crisis to another
South Africa revamps REIPPP
Renewables Sub-Saharan AfricaSouth Africa’s renewable energy procurement programme has been a significant success but underlying issue around grid connection have forced the government to make changes
Thar Coal, Pakistan
Power Asia PacificThe Thar coal project financing is the first integrated coal mining and coal-based power project to reach financial close in the China-Pakistan Economic Corridor and a clear signal of China’s growing influence regionally as its ‘One Belt, One Road’ initiative starts to take shape
Data Analysis: Project bonds restrained
Transport EuropeThe volume of project bonds for European PPPs grew considerably between 2012 and 2014 but contracted again in 2015, according to IJGlobal data
Colombia's 4G gathers pace
Transport Latin AmericaEarly indicators suggest that 2016 is to be an important year for Colombia’s 4G highway programme, as some of the initial projects procured by ANI approach financial close
Data Analysis: Canadian transport and social deals peak in 2015
Transport North AmericaA record number of 23 social infrastructure and transport transactions reached financial close in Canada during 2015, according to IJGlobal data
Offshore wind grows up
Renewables EuropeOffshore wind is scaling up: last week Danish state-backed energy business Dong Energy made a final investment decision for what is set to be the biggest offshore wind farm in the world
Indonesia’s new oil & gas law
Oil & Gas Asia PacificThe preferential treatment offered to Pertamina under Indonesia’s oil & gas law may scare off foreign investment at a time when the country needs it most
Data Analysis: GCC refinancings surge
Oil & Gas MENARefinancing of energy and infrastructure projects in the GCC countries totalled $10.7 billion in 2015, the highest yet since 2010, driven in particular by deals in the United Arab Emirates which accounted for over $6.2 billion of the total, according to IJGlobal data
Uruguay ramps up PPP
Transport Latin AmericaUruguay is set to see an uptick in PPP procurement in 2016, as Vázquez's government rolls out the initial projects of a $12 billion infrastructure programme
Data Analysis: Australia's debt market
Asia PacificAustralia’s debt market remains largely dominated by the big four Australian banks – Australia & New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac – although there are some signs that international lenders, traditionally content to club with Australian banks, are starting to rival their domestic counterparts on deals
Behind the meter: securitisation and US distributed energy
Renewables North AmericaAmid pessimism about access to finance for energy infrastructure, deal flow in one sector seems to be accelerating
TransGrid, Australia
Power Asia PacificThe A$10.3 billion financing for the acquisition of the 99-year lease of New South Wales electricity distribution company TransGrid tested the willingness of the offshore bank market to finance large infrastructure assets in Australia and international banks responded with a clear positive signal
A project bond refinancing boom, when rates rise
EuropeEurope should continue to see a high number of projects refinanced in 2016, even if the recent interest rate rise in the US is followed by similar moves in the UK and continental Europe