Friday, 01 July 2016
An US$500m-plus unsolicited proposal to build a fast rail line between Sydney and Wollongong in Australia has been submitted to the New South Wales government. Chinese developer Centurion with China Development Bank and China Railway Engineering Corp want to complete the so-called missing link in Illawarra between Maldon and Dombarton, and connect to Port Kembla. See story below.
The Indonesia government has issued and ratified the latest power procurement plan. It sees an increased share of gas power and reduced renewables. The revised plan comes after five months of delay. By Minerva Lau.
Nigeria and Ethiopia have been linked to the World Bank’s Scaling Solar plan for Africa. The private sector is concerned about low bid prices and the new role of the IFC. By Colin Leopold.
On the crisp morning of Monday September 15 2014, the Capital Metro Agency (CMA) held an industry briefing for the ACT’s proposed light rail PPP, called the Capital Metro Project. With the Sydney Light Rail project in the final stages of closing, bidding consortia had not fully formed for what was widely viewed as a next-year deal. By Mark Decker, director, advisory at MUFG.
Commercialisation of geothermal generation has been slow to progress but the pace could now be picking up. By Richard Metcalf, partner, Norton Rose Fulbright LLP, and Paul Zakkour, director, Carbon Counts Ltd, London.
The three largest insurance groups in Germany are emerging as dominant institutional investors in the European infrastructure debt market. By Stefano Berra.This market now encompasses the full range of players in the global capital markets – from private equity to large scale pension and insurance funds and sovereign wealth funds on the equity side onto institutional debt providers, investment banks and commercial banks on the debt side.
Demand for green power is leading major corporations to buy their own supplies directly from project developers. This can only be good for the renewable generation market as the number of customers grows. But the move presents its own issues, including new credit challenges, as innovation from the buyside pushes new ideas into the market
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Welcome to the 2016 Thomson Reuters Project Finance International (PFI) Yearbook. The Yearbook is our annual publication in which we look at the events of 2015, through case studies and the PFI Awards, and look forward into 2016 with articles in the Global section of the book.