Latest Analysis
Turkey to change PPP rules
Transport EuropeTurkey’s Ministry of Health (MoH) plans to reduce the termination guarantees for financiers of its next generation of hospital PPPs as part of a raft of proposed amendments to concession structures, IJGlobal can exclusively report
Canadian infrastructure turns to public bonds
Transport North AmericaCanada has been able to tap different sources of funding as its infrastructure needs have developed in recent years. The emergence of large transport projects in the country's infrastructure pipeline has led to a rise in publically-listed bond financings, IJGlobal data reveals
Galloper offshore wind, UK
Renewables EuropeAt the start of 2015, the £1.54 billion ($2.35 billion), 336MW Galloper offshore wind project had officially been shelved by principal sponsor RWE. Less than a year later, financing was complete
Initial impacts of Power Africa
Renewables Sub-Saharan AfricaThe US government's Power Africa initiative has had limited impact to date, but has significant ambitions over the next few years
The return of international lenders to MENA power?
Renewables MENAInternational lenders have provided less proportionally than local banks to Middle East and North African power and water deals during the last two years, IJGlobal data shows
Ijmuiden Sea Lock PPP, the Netherlands
Transport EuropeThe approximately €500 million ($537 million) Ijmuiden Sea Lock is the first major project in the Dutch locks PPP programme to reach financial close. The deal has tested the competitive European infrastructure debt market’s appetite for high leverage and low pricing
Data Analysis: Brazil’s time to shine
Renewables Latin AmericaDespite market volatility, investors still appear convinced by the economics of wind and solar in Brazil
Russia: power plays
Oil & Gas EuropeThis month's Russia Calling forum in Moscow, hosted by Russian state majority-owned bank VTB Capital, drew in international bankers, developers and media to discuss the state of Russia's infrastructure sector
Data Analysis: Limay and the Philippines’ power sector
Power Asia PacificThe Philippines’ power sector remains almost exclusively the preserve of local banks, although one deal working its way through syndication may change that
Investors drawn to Europe’s emergent towercos
Telecoms EuropeIndependent telecoms tower operators across Europe are looking to grow market share. Infrastructure funds are increasingly buying into the strong, low risk returns these tower companies offer.
Dubai’s PPP law signals infrastructure intent
MENADubai passed its new public private partnership (PPP) law last month, signalling the emirate’s intent to use more private capital to develop future infrastructure projects
Mexico City new international airport (NAICM)
Transport Latin AmericaThe $3 billion revolving credit facility closed by the Mexican Federal Government this week is a crucial step toward financing what is slated to be one of the world’s busiest airports
The competition for Indonesia’s Java 7
Power Asia PacificPLN’s decision to tender out the 2x1000MW Java 7 independent power producer project without a government guarantee raised a few eyebrows, but this doesn’t seem to have deterred many bidders
Chop and change for UK energy policy
Renewables EuropeThe UK government has made several amendments to energy market regulation in the five months since the country's last general election. The long-term impacts of the changes may be hard to gauge but investor confidence has certainly been dented.
Australia's newest infrastructure PM
Renewables Asia PacificMalcolm Turnbull’s ascension to the premiership is music to the ears of urban transport enthusiasts, even if Canberra's influence is blunted in other sectors
Solar securitisations and tax equity structures in the US
Renewables North AmericaSecuritisations provide one of the cheapest sources of capital for residential solar assets. Since November 2013, five solar securitisations have closed. Pricing on these securitisations may reflect the varying risk of the tax equity structures involved