Latest Analysis
Sparks of life in Brazilian transmission
Power Latin AmericaThe Brazilian government sees investment in transmission assets as a key tool in boosting the country’s economy. After a number of years of limited interest in development auctions, improved returns for investors in 2016 revealed an increased appetite for transmission projects
Boston automated fare P3, US
Transport North AmericaA new automated fare collection system for Boston, but Charlie is still stuck on the subway
Belt and Road: the next phase
Asia PacificChina is looking to shift the funding strategy for its Belt and Road initiative away from government loans and towards more diversified sources of financing
Infra debt funds: small but growing
Oil & Gas EuropeEven though the IJInvestor database shows that only 20% of total funds in raising mode are geared towards debt rather than equity deals, investor appetite for the asset class seems to be slowly picking up in Europe – with managers either setting up debt strategies from scratch or launching next generation vehicles
China powering into Africa
Power Sub-Saharan AfricaLast year saw a surge in investment in Africa power assets by Chinese institutions, demonstrating how the continent continues to be of major economic and strategic importance to the Asian superpower
The Colombia 4G slow down
Distrust in the government and corruption scandals have made most banks hit the brake
Spalding Energy Expansion Project, the UK
Power EuropeInterGen’s Spalding Energy Expansion Project in Lincolnshire, the UK, reached financial close on 27 February – to a tune of £72 million in debt financing
Here come the Belgians…
Transport EuropeBelgium looks to be on the verge of launching a pipeline of projects – a development that may stay the hand of the European greenfield community which is currently tying a hangman’s noose, one eye firmly fixed on the sturdiest beam
Renewables tenders in Turkey
Renewables EuropeIt is not without its challenges, but the Turkish renewables market is providing ample opportunities for investment in greenfield projects
White-Line Fever – the European malady
Oil & Gas Sub-Saharan AfricaIn a perfect world all infrastructure and energy projects are delivered without hitch, operate as expected and run the course of the contract within the parameters outlined in tomes of legal documentation
Fund analysis: Basalt Infrastructure Partners II
Renewables EuropeUK-based manager Basalt Infrastructure Partners on 8 February announced final close for its second infrastructure fund at $1.3 billion
The most important US infra project (that may never happen)
Transport North AmericaA project that has to be built, a funding gap of billions of dollars, and a President reluctant to plug it
Saudi gets solar right with Sakaka
Renewables MENAAfter a number of false starts, Saudi Arabia’s first utility scale solar project – the 300MW Sakaka PV plant – is nearing financial close. The deal is the first step in the kingdom’s ambitious renewable energy plans
Data centres – led by the wrinkled nose
Telecoms EuropeData centres - they are increasingly flavour of the day among infrastructure funds with a good number of them shifting focus to target these assets. We are seeing increasing activity in this space and here we focus on an exciting area that is set to grow in coming years...
Private placements and investors' expanding appetites
Oil & Gas EuropeA few years ago, private placements in infrastructure were primarily focused on refinancings. Now, the private placement market has evolved in a number of ways enabling institutional investors to increasingly participate in infrastructure M&A deals, to act on the origination of deals, and going in as primary investors
Kuwait PPP 10 years on
Renewables MENAIt is 10 years since Kuwait launched its PPP programme, which to date has delivered just one project, leading many to question whether procurement agency Kuwait Authority for Partnership Projects (KAPP) will ever deliver most of its pipeline