sections

Friday, 26 August 2016

France

French solar tender out

The French government has begun the first phase of a 3GW solar PV tender that will continue over the next three years. Energy minister Segolene Royal launched the first 500MW call for bids, which will be open to projects between 0.5MW and 17MW. Some 300MW will be reserved to plants above 5MW and another 135MW will be open to projects between 0.5MW and 5MW. See story below. 

PPK

Peru’s changing landscape

PFI Issue 583 - August 24, 2016

A new president and reforms to ProInversion. Peru is changing under PPK. By Nic Stone.

Sembcorp

Stepping into new markets

PFI Issue 583 - August 24, 2016

Sembcorp is moving into the Asian emerging markets. Financing will soon be in place for its Bangladesh and Myanmar projects. By Minerva Lau.

Oil

Pipe dreams come to fruition

PFI Issue 583 - August 24, 2016

Legal and financial advisers have been approached for two oil export pipelines in East Africa. Their combined capex is well over US$5bn but each is very different. By Colin Leopold and Rod Morrison.

Features

Saudi Arabia

Housing PPPs take hold in the GCC

PFI Issue 583 - August 24, 2016

Governments in the Middle East and North Africa (MENA) region have started to take steps to develop housing projects through public-private partnerships (PPP). By Shashank Rath and Varun Dave, Synergy Consulting.

Rabigh

Rabigh 1 refinancing – Unlocking value

PFI Issue 583 - August 24, 2016

On June 30 2016, Rabigh Electricity Company achieved financial close on the US$1.83bn refinancing of its existing senior facilities. By Sharath Coorg, director, and Haoyong Chen, manager, acquisitions and project finance, ACWA Power.

PFI Global Infrastructure Report 2016

PFI Global Infrastructure Report 2016

PFI Global Infrastructure Report 2016

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.

PFI Global Energy Report 2016

PFI Global Energy Report 2016

PFI Global Energy Report 2016

COP21 in Paris late last year saw nearly 200 nations setting about their green ambitions including their plans to develop renewable energy projects. The summit has given an added impetus to the push for renewable energy.

PFI India Report Cover 2016

PFI India Report 2016

PFI India Report 2016

The government of Narendra Modi has taken steps to revive economic activities, especially in the energy sector where green is the word, and infrastructure sector where hybrid may be the new lingo.

PFI Comment

Pipes

The most complex PPP

International pipelines are the ultimate infrastructure PPP style asset. Funded usually with an availability, toll or take-or-pay type structure, they provide a utility type risk/reward profile to debt or equity. But at the same time, they are the most complex of assets. 

Project Finance MLA H1 2016

# Arranger (US$m)
1 CDB 11,839.9
2 MUFG 8,097.0
3 SMBC 6,182.0
4 Mizuho 4,195.6
5 Credit Agricole 3,354.2
6 BNP Paribas 2,992.4
7 Societe Generale 2,912.9
8 Sberbank 2,852.9
9 Gazprombank 2,293.5
10 Santander 2,228.2

Digital Edition

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PFi Yearbook 2016 Cover image

PFI Yearbook 2016

PFI Yearbook 2016

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.