Latest Analysis
Mind the MLFs – a warning for Australian renewables
Renewables Asia PacificWith surprisingly material reductions for Marginal Loss Factors emerging in the AEMO draft figures this month, the owners of Australian wind and solar assets may start to consider policy ideas such as renewable energy zones and revising the risk sharing arrangements with offtakers
Peruvian broadband: Get connected
Telecoms Latin AmericaTelecoms projects are on the rise across Latin America, including Peru, where ProInversión in January awarded six broadband network PPP projects for a total investment of $358 million
DEWA solar IV, United Arab Emirates
Renewables MENAA concentrated solar power project originally planned to be 200MW grew – in the space of just two-and-a-half years – into what will be the world’s largest solar thermal IPP, thanks to an ambitious sponsor, a very long PPA, and Chinese debt
Renewables march towards merchant
Renewables EuropeGiven the slow growth of the corporate PPA market, some argue banks will have to start accepting merchant risk in order to finance the next generation of European renewables
Funding US wells, not walls
Oil & Gas North AmericaThe first couple of months of 2019 saw substantial deals for the oil and gas industry in North America
Institutional investors – doing it for themselves
Renewables EuropeThere’s a growing trend in the infrastructure community for institutional investors to “go it alone”, eschewing the services of fund managers as they deploy big tickets across the global market
New South Wales’ Regional Rail PPP, Australia
Transport Asia PacificThe Momentum Trains consortium achieved financial close on 15 February for the Regional Rail PPP in New South Wales, with a group of international banks providing debt with a novel amortisation schedule, while the NSW government has given itself the option to terminate or extend the O&M concession at year 15
Sunraysia solar, Australia
Renewables Asia PacificSome five months after financial close, project participants gathered for a ground-breaking ceremony this week at the 255MW Sunraysia solar farm near Balranald in New South Wales, Australia
Wales & Borders rolling stock, UK
Transport EuropeArriva's 15-year Wales and Borders franchise came to in October last year
Veja Mate Offshore Wind Farm, Germany
Renewables EuropeEarlier this month the first in a series of much anticipated German offshore wind acquisitions reached financial close. Sales of equity stakes in three other projects are expected to close this year following the sale of 80% of Veja Mate
Tłı̨chǫ All-Season Road P3, Canada
Transport North AmericaThe Tłı̨chǫ All-Season Road P3 project reached financial close in February. Despite being procured as a P3 with the typical DBFOM model, there are no banks involved, the private developers are providing a small percentage of the equity and a large chunk of the financing is being provided by the government
Infra fundraising – oops we did it again
Oil & Gas EuropeIt’s unseemly to crow about one’s victories in the heavily-contested area of data gathering on fundraising by unlisted, global infrastructure funds… but sadly, it’s also irresistible. Over the course of 2018, IJInvestor logged final close on $104 billion raised by funds – closed- and open-ended, with equity and debt strategies – putting us a country mile ahead of our rivals
You queue and wait - Kuwait PPP
Renewables MENAKuwait has once again restructured its PPP agency to kick-start stalled projects. Despite numerous delays and setbacks, its infrastructure ambitions remain extensive
Ørsted's sale of 50% stake in Deepwater Wind
Renewables North AmericaEarlier this month Ørsted and Eversource agreed to collaborate on US Atlantic Coast offshore wind projects in a deal worth about $225 million for the second time
AMLO's new Mexican infra reality
Oil & Gas Latin AmericaThe cancellation of major projects and a lack of clarity on government plans are making international investors nervous about Mexico though the country's infrastructure need is still significant
Bulgaria's contentious energy mix
Renewables EuropeHuge uncertainty surrounds planned new nuclear power units and existing coal-fired plants in Bulgaria, which should create opportunities for other types of generation. However, renewable energy development and generation has slowed in the country in recent years