Tuesday, 01 December 2015
Pennsylvania’s Public-Private Partnership Board has approved a P3 to replace or repair a total of 34 bridges in a deal that will support transit-oriented development at the Middletown train station. The Middletown project will see a private developer design, build, finance, operate and maintain commercially viable facilities near the station while maintaining or expanding station parking.
Large debt financings of rolling stock assets are reaching the European market at the same time. Germany and France are leading the way with asset leasing transactions. By Stefano Berra.
The number of project finance legal mandates is unchanged since last year but the firms winning them are in flux. White & Case globally and Norton Rose regionally tell an interesting story. By Colin Leopold.
Latin America has again seen a number of firms looking to bolster their offices in the region this year and push into new countries as the emerging markets continue to emerge. By Nic Stone.
As the confidence in the debt markets reaches new post global financial crisis highs and the investment community remains keen on finding new assets to finance, a key question in the report concerns deal flow. Where will the next deals come from?
The PFI EMEA report provides valuable insights into the market via case studies of leading deals in the region and articles covering key issues. The report details two of the major deals this year - Thames Tunnel Tideway and the Veja Mate offshore windfarm – plus the cheapest solar tariff deal in Dubai. The report looks at projects as diverse as Port of Calais, Maamba Power and Breda court and examines how they were structured and financed.
PFI is inviting companies to pitch for a 2015 PFI Award. The deadline for your submissions is Tuesday December 1 2015, and full details of the pitching process can be found here.
The Awards will be announced on PFIe.com mid-December and will presented at the 2015 PFI Awards Dinner, being held at The Hilton, Park Lane, London on Wednnesday February 3 2016. Book your tables here!
The emerging markets have been taking some big knocks. All the factors which, as a group, gave them a day in the economic sun have turned against them – such as falling US interest rates, a low dollar, high local funding liquidity and high commodity prices. Perhaps now is the time for real reform.
|1||Bank of Taiwan||12,052.9|
|9||China Development Bank||4,046.1|
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Welcome to the 2015 Thomson Reuters Project Finance International (PFI) Yearbook. The Yearbook is our annual publication in which we look at the events of 2014, through case studies and the PFI Awards, and look forward into 2015 with articles in the Global section of the book. This year we have interviewed and profiled a host of leading sponsors from the Americas, Asia-Pacific and Europe Middle East & Africa (EMEA) to take the market temperature – to see how the clients are viewing market prospects.
It’s been a year since Narendra Modi – the leader of Bharatiya Janata Party, has been elected into power to head the Indian government. Last year, the PFI report looked at “Rebooting India”, offering ideas and proposals from the financial market and developers on how to ease the bottleneck and problems facing infrastructure development. Since then, the government has started to introduce more transparency in the implementation of pro-growth policies.