Latest Analysis
Take two for Egypt’s solar FIT
Renewables MENAEgypt’s round one 2GW solar feed in tariff (FIT) programme is in its final stretch before the financial close deadline. Terms of round two are being circulated, with sponsors and lenders apparently still keen to be involved
Asian investors eye UK nuclear
Oil & Gas EuropeAs South Korea's Kepco considers investing in Moorside nuclear project, Asian investors look pivotal to the UK's nuclear ambitions
Dubai’s determined renewables drive
Renewables MENAThe Dubai Electricity and Water Authority (DEWA) recently unveiled a five-part strategy aiming to cut carbon emissions 16% by 2020, adding to its existing target of a 75% share of renewable energy by 2050. The utility’s procurement programme has proven capable so far – and it may beat its previously set targets for 2020
Project progress in Turkey
Transport EuropeLess than two months on from Turkey’s attempted coup, the country’s infrastructure developments seem to be progressing. While some banking sources say recent events mean they will proceed with caution on deals to come, many industry observers feel that the country’s underlying economics will continue to support interest from international lenders and investors
Major oil and gas sell down
Oil & GasOil and gas major Royal Dutch Shell last week reached an agreement to dispose of its interest in several blocks in the Gulf of Mexico Green Canyon. It is not the only oil and gas company trying to sell off assets to raise capital.
Magdalena River Waterway PPP, Colombia
Transport Latin AmericaThe Magdalena River waterway PPP, considered one of the most crucial infrastructure projects launched under President Juan Manuel Santos’ administration, has gained a new lease of life
Asia project bonds: ready for take-off
Asia PacificA plentiful supply of cheap bank debt in Asia Pacific has meant the region has had little need for a project bond market. Until now
Hope for Greece's infrastructure sector
Transport EuropeOver a six-year recession, Greece's GDP contracted by more than 25%. The upheaval has certainly been felt by the infrastructure and energy sectors, although this may be starting to change as new tenders are launched
Egypt PPPs grounded
Transport MENAA lack of dollar-funding and government attempts to cut project costs have meant 2016 has been quiet for financial closes on public private partnerships (PPP) in Egypt. The country’s plans to procure a number of new projects under its PPP scheme, which IJGlobal revealed in October 2015, have had mixed results
Rooftop solar giants struggle through ITC extension
Renewables North AmericaTwo of North America’s largest installers of rooftop solar systems are restructuring in the face of a slowing industry, and lowering CEO paychecks to $1
Data Analysis: Chinese takeover
Power Asia PacificThe aborted sale of AusGrid is part of a wider pattern of Chinese investment in transmission and distribution assets in Australia, and other major markets
Data analysis: Equity dominates fundraising since 2015
Of the closed-ended, unlisted infrastructure funds launched since the start of 2015, the vast majority have been raising funds for equity investments, with only one fund also targeting mezzanine debt
Data Analysis: Australia's privatisation record
The federal government's surprise decision last week to block two binding bids for the sale of AusGrid is a reminder that Australia's privatisation programme, the world's largest in terms of transaction volumes, is not immune from political risk
Questioning PABs
Transport North AmericaAs the private activity bonds that financed a portion of the Indiana 1-69 PPP are downgraded to junk, the financing instrument comes under scrutiny
University of California Merced, US
Social & Defence North AmericaThe University of California’s $1.35 billion Merced campus redevelopment PPP (UC Merced 2020) is the largest social infrastructure PPP transaction due to close in North America to date in 2016. It is also the largest higher education PPP due to close in the country this year
Data Analysis: Brazil's ailing infrastructure sector
Oil & Gas Latin AmericaBrazil’s burgeoning renewable energy market has proven to be a bright spot amidst a gloomy outlook for infrastructure investment. But deal flow in this sector is also petering out