Latest Analysis
REIPPP stumbles on round four
Renewables Sub-Saharan AfricaSouth Africa’s renewable energy independent power producer procurement (REIPPP) programme has stumbled at its fourth round, with no power purchase agreements signed or projects financed. Problems ranging from a weaker currency to arguments over the need for baseload have slowed its progress
Oil rebound sparks investment hopes
Oil & Gas Asia PacificThe price of Brent crude oil rose to its highest level in a year earlier this week, raising hopes that investment levels in the beleaguered oil and gas sector could soon begin to rise
Acquisition of Thyssengas, Germany
Oil & Gas EuropeDutch fund manager DIF and the investment arm of French utility EDF have completed the acquisition of German gas transmission company Thyssengas from Macquarie, representing the first gas sector investment for DIF and the first in a potential second wave of gas transmission sales in Germany
One Belt, One Road: Wuhan port
Transport Asia PacificYangtze River Development's signing of a $1 billion financing for the completion of a port project with Armada Enterprises, an American venture capital company, represents a milestone in the Xi Jinping’s 'One Belt, One Road' initiative
Data Analysis: Corporate PPAs
Renewables EuropeCorporate social responsibility, the proliferation of renewable energy projects and a reduction in subsidies are all contributing factors in the rise of corporate PPAs in Europe
LatAm's renewables wave
Renewables Latin AmericaLatAm is experiencing a boom in renewables, and in particular solar. Governments are rolling out tenders and tariffs are getting lower. But in an environment where tenors are set to shorten and pricing rise, some question whether this trend is sustainable
Colombia’s referendum result
Latin AmericaThe result of Colombia’s referendum on a proposed peace accord with armed rebels, has been widely seen as bad news for investors
European infrastructure debt: SMAs vs funds
EuropeOn 20 September 2016, UBS Asset Management (UBS AM) reached a €570 million ($635.5 million) final close on Archmore Infrastructure Debt Platform (IDP), its first infrastructure debt fund launched in 2014
Data Analysis: Canadian LNG export indecision
Oil & Gas North AmericaNearly all LNG projects initiated on Canada’s west coast have been delayed or cancelled in the face of challenging economics and oversupply
A28 Rouen-Alençon, France
Transport EuropeThe refinancing of the A28 toll road in France replaced three tranches of monoline-wrapped CPI-linked notes maturing in 2017, 2027 and 2032 with long-term bonds
Data Analysis: Deutsche Bank blues
EuropeWider problems at Deutsche Bank have coincided with what appears to be a sharp decline in infrastructure investment by the German lender, following a couple of years of expansion
India toll roads: all aboard
Transport Asia PacificOne of the world’s fastest growing countries is building new roads at a furious pace and investors, led by international blue chip funds, are piling in for a piece of the action
Data Analysis: US toll roads on sale
Transport North AmericaA couple of high profile sales of US real toll road leases during 2015 and 2016 have attracted attention for the high equity values involved. With the market shown to be liquid for these types of vital transport assets, IJGlobal has learned of several further sales of US toll road leases underway
PPK’s Proinversión reform
Power Latin AmericaFaced with several stagnant landmark projects which have failed to achieve financial close, new president Pedro Pablo Kuczynski (PPK) has pledged to reform the procurement of infrastructure assets
Alberta's southwest Calgary ring road PPP, Canada
Transport North AmericaThe southwest portion of the Calgary ring road is both the longest and most complex section of the existing ring road to be built yet, it is also overall the largest transaction to close in the province of Alberta in 2016
Japanese banks in the UK
EuropeWhile MUFG considers moving its European headquarter out of the UK, Japanese bank debt is heading towards the country’s infrastructure at greater volumes than ever