Latest Analysis
Acquisition of North Sea Midstream Partners, UK
Oil & Gas EuropeThe acquisition of North Sea Midstream Partners was a major win for Kuwait sovereign international investor Wren House Infrastructure Management, and followed a competitive auction process in which bidders leapt to pre-empt the binding offer deadline by around a week
EIB… something for the weekend?
Transport EuropeBack in the PPP pipeline days, you could set timing on the project finance of any old piece of European infrastructure by the tired mantra of lenders intoning: “And… yes… you can count on the EIB taking half the debt”
The Peruvian PPP push
Power Latin AmericaPeru is one of many countries around the world hoping to boost economic performance by closing its infrastructure gap
QIC: MaaS is the future
Transport Asia PacificAdopting Mobility as a Service requires infrastructure investors to see their assets as part of a more integrated system, QIC’s head of global infrastructure Ross Israel tells IJGlobal
Gordie Howe Bridge P3, Canada/US
Transport North AmericaThe Gordie Howe Bridge P3 – formerly known as Detroit River International Crossing (DRIC) and the New International Trade Crossing (NITC) – has been an endurance test. One of the largest ever infrastructure projects in North America, 18 years passed between completion of its cross-border traffic study and financial close on 28 September (2018)
Kenyan PPP: it’s now or never
Transport Sub-Saharan AfricaThe whole of the Kenyan PPP programme may hinge on the success of one road project which is edging towards naming a preferred bidder
Argentina's PPPs – potholes ahead
Transport Latin AmericaA poisonous cocktail of corruption scandals, rising inflation, high interest rates and declining investor confidence threatens Argentina’s roads programme, just as it was gaining momentum
PABs: favoured financing
Transport North AmericaWith a sizable chunk of funding still available to developers, private activity bonds look set to be the gift that keeps on giving despite the growing availability of private placements
Belt & Road block
Asia PacificOne of the key pillars of China’s Belt & Road initiative has run into what was once a hypothetical political risk – the possibility of regime change in the recipient country
Alto Maipo: good hydro, gone bad
Renewables Latin AmericaA second restructuring for the 531MW Alto Maipo has saved a hydro project which has faced engineering challenges, several delays, environmental opposition, and changes in equity
London-listed infra funds: trading at discounts
EuropeLondon-listed infrastructure funds have suffered periods of trading at discounts in 2018 – one dropped out of a trophy M&A auction, and various asset sales are predicted
What’s in storage?
Power North AmericaIn the evolving sector of battery storage, where predicting future developments is difficult, the importance of contractual structures – and the ability to validate them – is significant
Narrowing opportunities for big PF banks
EuropeLenders to Dutch PPPs are increasingly likely to be regional or institutional, with big PF banks less active across Europe
Importing offshore wind experience
Renewables North AmericaHow European experience can be used in the upcoming round of US offshore wind projects
Far from retirement: lifetime extensions
RenewablesRenewable energy assets can go beyond planned operational periods, and lifetime extensions are becoming particularly popular for wind farms and solar plants
The earth moved: Castor gas storage
Oil & Gas EuropeWHAT WE SAID THEN: “Construction and geological risk, particularly in the latter part when the cushion gas is being inserted, is difficult to quantify”