Latest Analysis
Renewables in crosshairs as SPACs take aim
Renewables North AmericaSpecial purpose acquisition companies have proliferated at a blistering pace over the past year, and market participants are virtually certain that at least one renewable energy developer will go public this way by the end of 2021
UEP Penonomé II, Panama
Renewables Latin AmericaInterEnergy Group’s recent refinancing of two renewable energy projects in Panama – one of which is named for a papal encyclical – was the first issuance of green bonds from the private sector in Central America. Investors gave the deal their full blessing
Xiamen Xiangyu steel plant, Indonesia
Power Asia PacificChina state-owned logistics company Xiamen Xiangyu on 15 December achieved financial close on the more than $2 billion integrated steel plant project, one of its largest overseas investments
Prince George’s Schools P3, Maryland
Social & Defence North AmericaPrince George’s County in Maryland became the first district in the US to finance the construction of five new middle schools and one K-8 school through a P3, despite concerns that the project could encounter similar problems to a transport deal that was embroiled in legal turmoil in the state last year
European tower consolidation: lower frequencies
Telecoms EuropeThe consolidation of European tower markets witnessed an interesting development last week with the launch of an innovative fund instituted by Cellnex and Deutsche Telekom
A465 Motorway – Wales, UK
Transport EuropeThe A465 motorway PPP in Wales reached financial close in October, bringing to conclusion a deal that has been in the making for the last 6 years and that had to overcome the twin challenges of Brexit and the Coronavirus pandemic
Al Dhafra solar PV, United Arab Emirates
Renewables MENAA sponsor team of EDF and Jinko Power has cooperated with TAQA and Masdar to reach financial close on what will be the world’s largest single-site solar power plant – the 2GW Al Dhafra solar power plant
Dogger Bank Offshore Wind, UK
Renewables EuropeAs the largest offshore wind farm to have made it to financial close in 2020, the £7.6 billion Dogger Bank project was one of the high points of an otherwise infernal year
University of Idaho, US
Power North AmericaThe University of Idaho reached financial close on its steam plant and utility system in December 2020, the third deal of its kind to close in the US... part of a growing trend in the education sector to invite private investors to improve legacy utility systems and receive upfront funds to retire old debt and invest in strategic initiatives
Renewables portfolios grow in the Caribbean
Renewables North AmericaDevelopers and investors are beginning to build portfolios of renewables in the Caribbean and Central America, a region that is slowly diversifying its energy mix despite lacking investment-grade ratings
Spotsylvania Solar Energy Center, Virginia
Renewables North AmericaWith its Spotsylvania Solar Energy Center in Virginia, developer sPower offered the project finance market something it hadn’t seen before – a solar project in PJM Interconnection with multiple household names as offtakers, the largest of its kind east of the Rocky Mountains. But while the market responded positively to the project, the road to the finish line was far from smooth
Western Downs Green Power Hub – Queensland, Australia
Renewables Asia PacificNeoen's Western Downs Green Power Hub – one of Australia’s largest solar projects to date – reached financial close late last year, keeping to a tight schedule in spite of coronavirus restrictions to deliver its first project in Queensland
IJInvestor Awards 2020 – The Metlife Interview
Renewables North AmericaWhile MetLife Investment Management (MIM) has been in the project finance market for 20 years, the story of its massive scale-up began in 2009. From that time, the investor has grown its infrastructure debt portfolio from $2bn AUM to $30bn today
Bracing for a new-year slap
Renewables EuropeIt’s that jaw-clenchingly awful time again. The start of a new calendar year when inboxes fill with far-from-inspiring editorials from across the sectors “boldly” looking into the year ahead in a desperate attempt to sell thought-leadership credentials through the medium of regurgitation
Hydrogen and its ever inventive technologies
Renewables EuropeHydrogen has been all the rage for more than two decades, yet little-to-no private, large-scale investment had been made into the sector until more recent times. IJGlobal reporter Sophie Mellor delves into technology developments keeping pace with the revolution…
Solar Power Top Trumps
Renewables Asia PacificIJGlobal reporter Elliot Hayes turns the Top Trumps focus on solar panels, identifying some of the market leading units and mapping out directions favoured by the manufacturers…