sections

Friday, 28 July 2017

Wind

Eight for Turkish mega wind

Eight international teams have submitted bids for Turkey’s massive 1GW Renewable Energy Resource Area (YEKA) wind tender. According to reports in the Turkish press, the following companies submitted bids by today’s deadline: Vestas and Enerjisa; GE and Fina Energy; China’s Goldwind, Akfen Holding and Beyçelik Gestamp Yenilenebilir Enerji; Siemens, Türkerler and Kalyon; Enercon, Polat Energy and Limak; Nordex, Climate Investment Electricity, MKS Marmara and Zorlu Energy; China’s Mingyang and Ilk Insaat; and Senvion with IC Içtas Energy. See story below.

Water

WIFIA tap starts to open

PFI Issue 606 - July 26, 2017

Water Infrastructure Finance & Innovation Act funding has been around since 2013. This year 12 schemes could kick start the programme. By Alison Healey

PLN

Paiton launches big refi package

PFI Issue 606 - July 26, 2017

Paiton Energy has launched a loan and bond financing package. This is the biggest power refinancing seen in Indonesia so far. By Minerva Lau

Thames Water

Mini TTTs take a bow

PFI Issue 606 - July 26, 2017

Plans to adopt a Thames Tideway Tunnel style procurement have moved forward. One company is already seeking advisers for a scheme. By Rod Morrison

Features

Saudi

Maiden bond is a complex issue

PFI Issue 606 - July 26, 2017

The ACWA Power Management & Investments One transaction is a complex structured bond issuance, with a number of firsts attached to its name. Rohit Sinha, director of acquisitions and project finance, Shariq Rahman, director of corporate finance, and Arvind Mishra, executive director of tax, ACWA Power discuss the structuring and implementation.

Cape Town, South Africa

Sub-Saharan pools and interconnectors

PFI Issue 606 - July 26, 2017

This article takes a look at the main power pools in sub-Saharan Africa (SSA), some of the key interconnector transmission projects in the region and some of the challenges they face. By Steven Gamble, director, Richard Metcalf, partner and Daniel Leslie, attorney, Norton Rose Fulbright.

PFI Global Infrastructure Report 2017

PFI Global Infrastructure Report 2017

PFI Global Infrastructure Report 2017

Infrastructure spending is a top priority for governments across the world including the new Trump Administration. Investors are looking for deals in which to place their money. Can the infra market provide well structured deal flow to keep the funding markets happy? PFI has published its Global Infrastructure supplement featuring a host of case studies and articles on current trends and issues.

PFI Global Energy Report 2017

PFI Global Energy Report 2017

PFI Global Energy Report 2017

The global energy finance market faces a range of new challenges and opportunities. PFI has published its Global Energy supplement featuring a host of case studies and articles on current trends and issues. The offshore wind sector is taking centre stage right now with Japan, South Korea and the US joining Europe in building out new developments. 

PFI Comment

FX

Putting a toe into US$90trn

The Asian project finance market has been dominated by commercial banks since year dot. There are signs this could be about the change as Asian project bond deal flow has picked up noticeably this month.

Project Finance MLA 1H 2017

# Arranger (US$m)
1 CDB 6,590.2
2 MUFG 4,921.4
3 SMBC 4,608.4
4 SBI Capital 4,467.0
5 BNP Paribas 4,323.7
6 Credit Agricole 3,860.5
7 ICBC 3,774.0
8 ING 3,173.0
9 Bank of China 2,769.9
10 Societe Generale 2,761.0

Digital Edition

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

To read the PFI Magazine or Yearbook Digital Edition you will need to enter your details in the login section. If you have forgotten your password, or would like to find out more about PFI subscriptions, please email IFR.ClientSupport@thomsonreuters.com.

PFI Yearbook 2017 Cover image

PFI Yearbook 2017

PFI Yearbook 2017

Welcome to the 2017 Thomson Reuters Project Finance International (PFI) Yearbook. The Yearbook is our annual publication in which we look at the events of 2016, through case studies and the PFI Awards, and look forward into 2017 with interviews and articles in the Global section of the book.