Latest Analysis
Offshore wind grows up
Renewables EuropeOffshore 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
Oil & Gas Asia PacificThe 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
Oil & Gas MENARefinancing 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
Uruguay ramps up PPP
Transport Latin AmericaUruguay is set to see an uptick in PPP procurement in 2016, as Vázquez's government rolls out the initial projects of a $12 billion infrastructure programme
Data Analysis: Australia's debt market
Asia PacificAustralia’s debt market remains largely dominated by the big four Australian banks – Australia & New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac – although there are some signs that international lenders, traditionally content to club with Australian banks, are starting to rival their domestic counterparts on deals
Behind the meter: securitisation and US distributed energy
Renewables North AmericaAmid pessimism about access to finance for energy infrastructure, deal flow in one sector seems to be accelerating
TransGrid, Australia
Power Asia PacificThe A$10.3 billion financing for the acquisition of the 99-year lease of New South Wales electricity distribution company TransGrid tested the willingness of the offshore bank market to finance large infrastructure assets in Australia and international banks responded with a clear positive signal
A project bond refinancing boom, when rates rise
EuropeEurope should continue to see a high number of projects refinanced in 2016, even if the recent interest rate rise in the US is followed by similar moves in the UK and continental Europe
UK's new nuclear moves forward - but slowly
Power EuropeThis week sponsors of two of the UK’s most advanced new nuclear projects, the £24.5 billion ($34.7 billion) 3.2GW Hinkley Point C and the £14 billion, 2.7GW Wylfa Newydd project both announced new stages in their development
LT analysis: Bond rush
North AmericaIJGlobal's full-year league table data shows the total value for energy and infrastructure bond financings in 2015 reached record levels, with the majority of issuance for North American assets
LT analysis: Flight to maturity
EuropeIJGlobal's full-year league tables show that the total value for all transactions reaching financial close globally during 2015 was only fractionally up on the previous year. However, investment shifted decisively to more mature markets
Azura-Edo gas-fired, Nigeria
Power Sub-Saharan AfricaAfter years of development, Nigeria’s first greenfield independent power producer (IPP) project reached financial close at the end of 2015
Data Analysis: US renewables financing surges
Renewables North AmericaThe total value and volume of closed transactions for renewables projects in North America hit record levels this year, with $47.5 billion closed across 153 deals in 2015 (as of 15 December), according to IJGlobal data
Track 3B, Malaysia
Power Asia PacificMalaysia’s 3B has had an eventful history to say the least, although the financing represents a successful outcome for sponsors Tenaga Nasional and Mitsui
Waha gas pipelines, US
Oil & Gas North AmericaCarso Energy, Energy Transfer Partners and MasTec reached financial close on a $1.38 billion financing for their Waha-Presidio and Waha-San Elizario pipelines on 17 November
Data Analysis: European refinancing in 2015
Transport EuropeIJGlobal data shows that the level of refinancings in the first three quarters of 2015 already reached a volume unprecedented in the last 10 years, for European infrastructure project finance