Latest Analysis
The rise of 'Frankenstein funds'
EuropeWith the next couple of years set to mark the maturity of a number of 10 to 12 year closed-ended funds, LPs face re-investment risk once their capital is returned. However, at least two infrastructure fund managers are working on bespoke fund restructurings to instead retain their portfolios and investors for the long-term
Data Analysis: Municipality-led PPPs in the US
Transport North AmericaOf the total 37 ongoing infrastructure PPP procurements in the US (as at 26 July 2016), a majority of 21 projects are being led by cities or municipalities as opposed to 16 projects being led by state level authorities, according to IJGlobal data
M&A bright spot
Oil & Gas North AmericaThe M&A market bucked the general trend of decline in H1 2016, thanks in large part to oil and gas company acquisitions
DONG's Borssele bid: How low can offshore wind go?
Renewables EuropeEarlier this month DONG Energy won an offshore wind tender that set a new benchmark for project costs in Europe and reinforced its position as one of the sector’s most influential players
Turkey following the failed coup
EuropeThe extreme crackdown on opponents by Turkey’s president Recep Tayyip Erdogan following an attempted coup by the country’s army last week is a concern for investors as well as Turkey’s political allies
Data analysis: North America beats Europe as fundraising focus
Oil & Gas Asia PacificFundraising activities have been geared towards global opportunities in the past eighteen months, with North America beating Europe for funds with a regional focus
Costera 4G toll road, Colombia
Transport Latin AmericaGoldman Sachs has just arranged a second multi-tranche, dual-currency, hybrid financing backing one of Colombia’s 4G toll road concessions. Together the deals have created a new paradigm for infrastructure finance in underdeveloped LatAm markets
Infrastructure offers post-Brexit shelter to investors
Renewables EuropeListed infrastructure fund share prices have seen an uptick in the Brexit aftermath as investors seek a safe haven from uncertainty
Japan in high-speed rail sales drive
Transport Asia PacificThe Japanese government is engaging in an aggressive sales drive to help the private sector win transport contracts against ultra-competitive Chinese rivals
Bond bounce in H1
North AmericaThe half-yearly value of bond financings backing energy and infrastructure projects has been rising globally since the end of 2014, and grew again in H1 2016, according to IJGlobal’s latest league table report
Global M&A volumes hit by political uncertainty
The volume of merger and acquisition (M&A) transactions had already fallen globally this year before the UK’s vote to exit the EU spread uncertainty through the market. Though concerns attached to Brexit are anticipated to subside in the coming months, the US election at the end of the year is expected to create additional uncertainty
Data Analysis: Sharp fall in US oil & gas volumes in H1
Oil & Gas North AmericaWhereas the power sector saw modest growth in terms of total deal value, renewables slowed by nearly 30% and oil & gas fell by a staggering 75%
Sohar and Barka IWPs, Oman
Water MENADevelopers of the Sohar and Barka independent water projects (IWP) in Oman agreed financing with groups of local and international banks, respectively, in recent months. Despite the projects’ similarities their financings show the divergent routes sponsors took
Data Analysis: (Infrastructure) Euro 2016
EuropeIn a nod to the UEFA Euro 2016 football (soccer, to our North American readers) tournament, which reaches its conclusion in Paris later this week, IJGlobal has sought out a European champion for infrastructure
Purple Line light rail transit PPP, US
Transport North AmericaThe $2 billion Purple Line light rail transit (LRT) PPP project is the second ever transit PPP to reach financial close in the US, following on from the Denver's $1.6 billion Eagle LRT project closed in 2010, and is the first rail PPP for the state of Maryland
Belgium disrupts its renewables market
Renewables EuropeWhile most of Europe has been contemplating the potential impacts of the UK's withdrawal from the EU, Belgium has been quietly remodeling its energy market