Latest Analysis
Egypt PPPs grounded
Transport MENAA lack of dollar-funding and government attempts to cut project costs have meant 2016 has been quiet for financial closes on public private partnerships (PPP) in Egypt. The country’s plans to procure a number of new projects under its PPP scheme, which IJGlobal revealed in October 2015, have had mixed results
Rooftop solar giants struggle through ITC extension
Renewables North AmericaTwo of North America’s largest installers of rooftop solar systems are restructuring in the face of a slowing industry, and lowering CEO paychecks to $1
Data Analysis: Chinese takeover
Power Asia PacificThe aborted sale of AusGrid is part of a wider pattern of Chinese investment in transmission and distribution assets in Australia, and other major markets
Data analysis: Equity dominates fundraising since 2015
Of the closed-ended, unlisted infrastructure funds launched since the start of 2015, the vast majority have been raising funds for equity investments, with only one fund also targeting mezzanine debt
Data Analysis: Australia's privatisation record
The federal government's surprise decision last week to block two binding bids for the sale of AusGrid is a reminder that Australia's privatisation programme, the world's largest in terms of transaction volumes, is not immune from political risk
Questioning PABs
Transport North AmericaAs the private activity bonds that financed a portion of the Indiana 1-69 PPP are downgraded to junk, the financing instrument comes under scrutiny
University of California Merced, US
Social & Defence North AmericaThe University of California’s $1.35 billion Merced campus redevelopment PPP (UC Merced 2020) is the largest social infrastructure PPP transaction due to close in North America to date in 2016. It is also the largest higher education PPP due to close in the country this year
Data Analysis: Brazil's ailing infrastructure sector
Oil & Gas Latin AmericaBrazil’s burgeoning renewable energy market has proven to be a bright spot amidst a gloomy outlook for infrastructure investment. But deal flow in this sector is also petering out
Brexit delays UK's flagship projects
Power EuropeIn the immediate aftermath of the UK's EU referendum a number of important infrastructure projects in the UK were put on hold or under review leaving some in the infrastructure and energy industry to question the future of these schemes
Bronze for Brazil
Oil & Gas Latin AmericaAs Rio welcomes the 2016 Olympics, opinions are divided as to the real cost of hosting this year’s games for Brazil
Fund analysis: Arcus European Infrastructure Fund 1
Transport EuropeArcus Infrastructure Partners has successfully undertaken a liquidity offering process for its near mature closed-ended first fund. The offering attracted over €700 million of capital to allow investors taking a long-dated view on the next 10 years-plus to remain invested in the fund, while long-term investors have replaced those who chose to realise returns
Tesla's drive for solar plus storage
Renewables North AmericaSolarCity’s board approved Tesla’s offer to buy out the company this week, but the market remains skeptical as to whether it’s really a good deal for either company’s investors.
Fund analysis: Mirova-Eurofideme 3
Renewables EuropeMirova's third fund demonstrates the demand for renewables amongst European investors
Malaysian malaise
Asia PacificThe 1MDB scandal is in the news again this week, with former Malaysian Prime Minister Mahathir Mohamad accusing neighbouring Singapore of not doing enough to stop alleged money-laundering by the investment fund
Data Analysis: Omani water demand spurs developer opportunities
Water MENAOman’s government is anticipating ever-growing demand for potable water in the region and seems well placed to deliver it. A series of successful financial closes on independent water producers (IWP) in recent years combined with a strong pipeline of tender opportunities bode well for developers and investors
Indonesia's infrastructure bottleneck
Power Asia PacificSponsors and their advisers suffered what has become a familiar delay in Indonesia when the bid submission deadline for the Java 1 gas-fired combined-cycle power and floating storage project was again pushed back this week