Latest Analysis
Meza la Paz wind farm, Mexico
Renewables Latin AmericaThe Mesa la Paz wind project may have started a new way of financing energy projects in the country, with bonds covering both construction period and a long-term PPA.
1MDB: the reckoning
Oil & Gas Asia PacificThe 1Malaysia Development scandal that swept the opposition into power is turning into a reckoning for $22 billion worth of China-backed infrastructure projects
Estonia runs before the wind
Renewables EuropeEstonia will need to make a big push in the renewables space to stay on track to achieve its renewable energy targets for 2030. And this is likely to involve massive deployment of wind energy
Does Ijmuiden lock signal more woes for BAM?
Transport EuropeThis month saw European construction giants BAM and VolkerWessels announce a second cost overrun due to continuing problems with the Ijmuiden lock project in the Netherlands. This time, the overrun amounted to €30 million for BAM and €31.5 million for VolkerWessels
Canadian PPP efficiency
Transport North AmericaCanadian provinces are undertaking colossal pipelines of PPPs but have a formidable record of bringing them to financial close
The Mexican infra revolution
Oil & Gas Latin AmericaFew things throw a cat among the pigeons more effectively for a national infrastructure programme than a change in political leadership – and that’s precisely what’s happened in Mexico
Acquisition of Cory Riverside Energy, UK
Renewables EuropeWhen a consortium led by London-based infrastructure fund manager Dalmore Capital emerged as preferred bidder in the sale of UK energy-from-waste company Cory Riverside Energy, there was some surprise that a team challenged by several partner drop-outs had made the highest fully-funded offer
Borssele III/IV offshore wind, Netherlands
Renewables EuropeBlauwwind II reached financial close on Dutch offshore wind farms Borssele III/IV at the end of June, concluding the two-year procurement on the $1.7 billion greenfield deal that stands out for achievements on many levels
Indonesia talks the PPP talk
Power Asia PacificIndonesia's National Development Planning Agency recently announced that it has committed $3.4 billion in state funds for infrastructure investment in 2019
World Cup 2018 – the infra pitch
Latin AmericaWhen it comes to an international showdown, I have to admit that infrastructure’s a lot closer to my heart than football (forgive me, I’m Scottish). However, in the spirit day as the World Cup 2018 plays out on screens around the globe, it seems only fair to turn the focus on the beautiful game and draw inevitable comparisons with… infrastructure
Belt & Road: China's Malacca dilemma
Transport Asia PacificOnce the key pillar of China’s Belt & Road initiative, the Malaysian opposition’s election victory in May has raised questions about Beijing’s strategy going forward
A rocky road ahead for Argentina's PPPs
Latin AmericaThe recent award of six toll roads in Argentina should have been a moment of triumph for President Mauricio Macri's government, which has made increased infrastructure investment a priority. But the country's macroeconomic situation limited interest in the auction and has cast a shadow over the future of the projects
France bites bullet – softly – on subsidies
Renewables EuropeFrance has bitten the bullet on subsidies for the first two rounds of its offshore wind programme, slashing them from an eye-watering €200 per MW over 20 years to a – let’s be honest – still pretty darned generous €150/MW… and it has (largely) been welcomed
Ituango hydro: hopes for sunrise over flooded lands
Renewables Latin AmericaThe almost literally collapsing Ituango hydropower project in Colombia may open the way to a faster development of renewables in the country
New York sees a green future
Renewables North AmericaThe state of New York in March announced both that it was awarding 26 large-scale renewables projects worth $1.4 billion, and that it had requested to be excluded from the federal offshore oil and gas drilling programme. The state was making it priorities clear
Norway – Alt for Norge
Transport EuropeIn a European infrastructure market that has been dominated in recent times by refinancing and acquisitions, it seems counter-intuitive to focus on greenfield PPP developments, but hopes springs eternal at IJGlobal and the desire to celebrate opportunity is strong