EBRD to fund Kosovo wind
The EBRD is considering providing funding to one of Kosovo’s first wind farms, a 32.4MW project built by Turkish engineering and construction group Guris. The EBRD could lend €17.5m to the €73m Kitka project (pictured), which was completed in October. The wind farm has nine GE turbines and is expected to generate 65.6GWh of power per year.
Daily News Highlights
Et tu, Paraguay
Paraguay is joining the PF market as it looks to build a raft of private-sector infra projects. Deal structures are mirroring those of its regional peers. By Nic Stone.
Port of Melbourne refi goes low
Margins on attractive infrastructure assets in Australia are being pushed lower. Asset owners will now be looking at the results of the latest refinancing. By John Arbouw.
Mega Portuguese wind refi closed
First State has closed one of Europe’s largest onshore wind debt deals. Its wind company Finerge is primed for expansion. By Stefano Berra
Features
Banten recap for the future
The project bond refinancing of PT Lestari Banten Energi enabled Genting Power and SDIC Power to put in place a long-term capital structure and redeploy capital toward a potential greenfield expansion project. By Thaddeus Tien and Arthur Ng, Barclays.
Underpinning 5G with infrastructure
Throughout history technology has continued to fundamentally change the way we live our lives and society is once again on the cusp of another technological revolution. This will be led by the internet of things, smart cities, artificial intelligence, autonomous vehicles, remote computing and virtual reality – to name just a few. By Giuseppe Corona, head of global listed infrastructure, and Jason Aront, portfolio manager, AMP Capital.
PFI Global Energy Report 2019
The renewables sector remained the most vibrant energy market over the past year, while the TAP pipeline brought back attention to mega oil & gas projects. PFI’s Global Energy Report 2019 looks at emerging renewables markets, such as Poland and Vietnam, alongside established ones, such as Belgium and Scotland, with an eye on the boom under way in Spain and Australia. The report examines new structures such as US energy P3s and Asian Green bonds and offers an outlook on LNG and FPSO financings.
PFI Yearbook 2019
Welcome to the 2019 Thomson Reuters Project Finance International (PFI) Yearbook. The Yearbook is our annual publication in which we look at the events of 2018, through case studies and the PFI Awards, and look forward into 2019 with interviews and articles in the Global section of the book.
PFI Comment
All very transparent
Regulatory pressures have been on the rise this decade, reaching new extraordinary heights. The loan market lives in the shadow of the Libor scandal and the institutional investor market lives in the shadow of MIFID 2. Competition, or more to the point, transparency, could suffer.
Most Popular
Project Finance MLAs Q1 2019
| # | Arranger | (US$m) | |
|---|---|---|---|
| 1 | SBI Capital | 4,046.4 | |
| 2 | MUFG | 2,314.1 | |
| 3 | SMBC | 1,965.6 | |
| 4 | Mizuho | 1,445.6 | |
| 5 | CDB | 1,300.0 | |
| 6 | Natixis | 998.5 | |
| 7 | Societe Generale | 924.3 | |
| 8 | NAB | 892.1 | |
| 9 | DBJ | 798.5 | |
| 10 | Bank of China | 721.8 |
Digital Edition
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