Tuesday, 24 April 2018


Indian rail PPPs expected

Three railway station redevelopment projects in India worth US$101.8m are set to come to the market as part of a US$15.1bn redevelopment plan involving 50 stations. The stations include Anand Vihar station (US$30.1m), Bijwasan station (US$52.1m) and Chandigarh station (US$19.6m). See story below. 

Champlain Bridge, Montreal

Contractor struggles plague P3 deals

PFI Issue 623 - April 18, 2018

Another settlement between the public and private sector highlights construction issues on North American P3s. Projects have struggled with complex change orders, extensive delays, and financial losses. By Alison Healey


Sydney LRT rails in court

PFI Issue 623 - April 18, 2018

Light rail schemes have a mixed track record for PPP and non-contractors. The latest scheme suffering delays and cost overruns is one of the biggest. By John Arbouw


Spanish PPPs back on the road

PFI Issue 623 - April 18, 2018

The Spanish transport market is set for a huge boost. New road PPPs and toll road re-tenders will offer different risk profiles to investors. By Stefano Berra



IDB Invest rebrands and upgrades

PFI Issue 623 - April 18, 2018

The Inter-American Development Bank is creating new structures and products to help push infrastructure development in Latin America. The B-Bond is the latest to gain traction. By Nic Stone.

© Adinugrohomcv | - Indonesian power plant

New developments in Indonesian power

PFI Issue 623 - April 18, 2018

The last few months have seen significant activity from the Minister of Energy & Mineral Resources (MEMR) regarding the Indonesian power sector, including in relation to IPP risk allocation, gas-supply pricing and renewable electricity pricing. By David Dawborn, Dhani MM Pattinggi and Matthew Goerke, Hiswara Bunjamin & Tandjung.

2017 PFI Awards Winners

2018 PFI Yearbook

PFI Yearbook 2018

Welcome to the 2018 Thomson Reuters Project Finance International (PFI) Yearbook. The Yearbook is our annual publication in which we look at the events of 2017, through case studies and the PFI Awards, and look forward into 2018 with interviews and articles in the Global section of the book.

PFI Global energy 2018 Cover

PFI Global Energy Report 2018

PFI Global Energy Report 2018

Developments in the LNG market and the spread of increasingly cheap renewable technology are dominating the global energy market. PFI’s Global Energy Report 2018 examines the driving forces behind these and other trends through case studies of landmark deals and articles on important market shifts. The report looks at new technology such as energy storage and new funding options for renewables.

PFI Comment


Why the glum face...

The latest project finance data from Thomson Reuters for Q1 show a flat market with little change from this time last year – and that was an even flatter period. But looking into the rest of the year, things are picking up, honest.

Project Finance MLA 2018 Q1

# Arranger (US$m)
1 MUFG 2,311.0
2 CDB 2,000.0
3 SMBC 1,785.0
4 ING 1,586.2
5 Societe Generale 1,389.9
6 Credit Agricole 1,213.9
7 Mizuho 1,099.2
8 SBI Capital 1,038.0
9 ANZ 813.7
10 KfW IPEX 758.6

Digital Edition

Access a digital edition of the latest print magazine here. Access the digital edition of the PFI Yearbook 2017 here.

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