Latest Analysis
Offshore wind – floating an idea
Renewables EuropeIt’s a source of constant consternation for an observer of global infrastructure to watch as nascent technologies make the leap from emergent status to established/bankable in the blink of an eye… and that’s exactly what we see once again in the offshore wind space with floating turbines
Teknaf solar, Bangladesh
Renewables Asia PacificBangladesh’s first 15-year project financing – almost double the typical eight-year maximum tenor for the South Asian country’s infrastructure projects – crossed the finish line last week. GuarantCo played a crucial role in achieving the long tenor by mitigating payment default and liquidity risks on the $35.6 million Teknaf solar power project
Brooklyn Navy Yard cogen refi, US
Power North AmericaAxium Infrastructure completed the refinancing of the Brooklyn Navy Yard 286MW gas and oil-fired cogeneration facility in New York on 14 February using hybrid financing comprising tax-exempt bonds, taxable notes, and funds held under accounts created by the 1997 tax-exempt indenture
LNG-to-power in Brazil and GNA I
Oil & Gas Latin AmericaAn SPV comprising Prumo Logistics, BP and Siemens reached financial close at the end of March on the development, construction and operation of an LNG-to-power project located in the Brazilian state of Rio de Janeiro, part of a trend in the country's power market where there has been a surge of these types of projects
Ecuadorian PPPs – some progress
Transport Latin AmericaLatin America is increasingly looking at the PPP model as a way of facilitating private investment in new infrastructure. Ecuador is no exception to this trend
Rookery South Energy Recovery Facility, UK
Renewables EuropeAfter years of financial and environmental challenges, owners of the 60MW Rookery South Energy Recovery Facility at Rookery South Pit near Stewartby, Bedfordshire, brought the project to financial close
Fund focus switches from Asia Pacific to social infra
Oil & Gas Asia PacificAs eight unlisted, closed-ended infrastructure funds raised $20.6 billion at final close in the first quarter of 2019, some interesting trends have emerged from the IJInvestor Funds and Investors Q1 2019 report
Infra funds – pride before the fall
Renewables EuropeSince the beginning of time, the masses have been enthralled by building higher and bigger… a hubristic trait that usually ends badly and is repeatedly played out in the infrastructure funds space. This is why our quarterly report on fundraising by global infrastructure funds has so many in the industry predicting doom
Social housing bundle 1 PPP, Ireland
Social & Defence EuropeFinancial close on bundle 1 of Ireland's first social housing PPP project comes at a time of mounting pressure on the housing market, with a shortage of housing supply, an increased demand for home ownership and cases of half-built properties dotted across the country
Ethiopia’s REGREP on reality
Renewables Sub-Saharan AfricaEthiopia has seen three separate solar programmes reach significant milestones during the course of April – but a more important event last month was the emergence of the Renewable Energy Guarantee Programme that may lead to the East African state’s first ever utility-scale solar PV
Thailand floats its energy strategy on solar
Renewables Asia PacificThailand's updated power development plan for 2018-37 reflects the country's ambition to embrace renewable energy, and features floating solar projects as a way to diversify the energy mix
Sharing “spillover tax revenue”: a revolution in infra
Renewables Asia PacificIndia’s new national broadband network could be the first project to enact an entirely new concession model, one which could revolutionise infrastructure finance
The great North American job hunt
Oil & Gas North AmericaFew things set tongues wagging faster in the infrastructure community than recruitment trends, bonuses and salaries. While most folk like to benchmark careers against their peer group – frequently sucking the wind out of many a sail – everyone wants to know who is going where
Rabigh-3 IWP, Saudi Arabia
Water MENASaudi Arabia’s Water & Electricity Company is looking to significantly build out desalination capacity in the country, and Rabigh-3 is the first in a pipeline of independent water projects it is currently procuring
Revolving doors whip up a storm
Renewables EuropeWith bonuses now having been trousered by many London infrastructure bankers, the resignation season is in full swing as people ready themselves for new challenges or ease into the salaried luxury of gardening leave
Fibre fiefdoms: here to stay?
Telecoms EuropeFibre-to-the-‘x’ deals – substitute x for premises, home or office – are increasingly visible in the M&A space, and in the last few weeks several deals have seen ambitious new players test the waters with some success