Latest Analysis

Rock and rolling stock

Rock Infrastructure has closed its first rail deal, unlocking a new source for financing UK rolling stock with institutional capital. Rock’s founder Mark Swindell tells IJGlobal the status quo for financing offshore transmission assets (OFTOs) in the UK is due for a shake-up too

Chicago Skyway acquisition, US

The $2.8 billion acquisition of the Skyway Concession Company, which owns the lease for the Chicago Skyway toll road in Illinois, was the first such deal in the US for a trio of Canadian pension funds

Data Analysis: Water projects in MENA

The value of active pipeline and procurement deals in the water sector in the Middle East and North Africa (MENA) region has grown by 10% on year

Falling FIT acts as a brake on Japan solar

The a decline in feed-in-tariffs (FIT) rates for new renewable energy projects in Japan has put a brake on new solar power developments

Egypt's FX issue threatens PPP pipeline

An unwillingness to take currency risk on projects is delaying Egyptian projects with a high dollar requirement and could put the country’s public private partnership (PPP) pipeline at risk

Cloghboola wind farm acquisition, Ireland

Cloghboola 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

The 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

In 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

South 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

The 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

The 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

Early 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

A record number of 23 social infrastructure and transport transactions reached financial close in Canada during 2015, according to IJGlobal data

Offshore wind grows up

Offshore 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

The 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

Refinancing 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