Aberdeen to manage AIIB bonds
The Asian Infrastructure Investment Bank (AIIB) has formed a partnership with Aberdeen Standard Investments (ASI) to manage a US$500m Asia ESG enhanced credit managed bond portfolio. The portfolio will comprise primarily Asian infrastructure-related bonds including green and unlabelled issuance with environmental, social and governance factors, according to a statement from the two parties. They can be quasi-government bonds, corporate bonds and Green bonds.
Daily News Highlights
NJ offshore price demonstrates OREC mechanism
The price of power has been revealed in New Jersey’s winning offshore wind bid. The numbers shed some light on the complex OREC pricing mechanism. By Alison Healey.
Asia embraces floating solar
Asia has started to embrace floating solar projects. Governments are seeking developers of the latest popular source of renewable energy. By Minerva Lau
Renewables offtaker guaranteed
The Saudi renewables programme is moving up a gear. The two pilot schemes have now been financed with a unique backstop. By Rod Morrison.
Features
PTC/ITC – Taking the credit
The phasing out of tax credits for renewables is hanging over the industry in the United States. Project finance is adapting to deal with the numerical undulations. By Nic Stone.
Oz infra pipeline keeps growing
The Australian infrastructure pipeline is one of the largest in the world, with close to A$100bn (US$70bn) of non-recourse projects at various stages of financing. By John Arbouw.
PFI Global Infrastructure Report 2019
The global infrastructure market in 2019 has seen a range of deals financed and plenty of new plans hatched. The problems in the contracting sector remain, however. PFI’s Global Infrastructure Report 2019 case studies leading deals such as Gordie Howe, Florida Rail, Paraguay’s Corredor Bioceanico, Shuqaiq IWP, Tours-Bordeaux and Belgrade Airport. Themes such as China’s Belt & Road and Thailand’s Eastern Economic Corridor are examined and the problems with US and Australian construction projects are revealed.
PFI Global Energy Report 2019
The renewables sector remained the most vibrant energy market over the past year, while the TAP pipeline brought back attention to mega oil & gas projects. PFI’s Global Energy Report 2019 looks at emerging renewables markets, such as Poland and Vietnam, alongside established ones, such as Belgium and Scotland, with an eye on the boom under way in Spain and Australia. The report examines new structures such as US energy P3s and Asian Green bonds and offers an outlook on LNG and FPSO financings.
PFI Yearbook 2019
Welcome to the 2019 Thomson Reuters Project Finance International (PFI) Yearbook. The Yearbook is our annual publication in which we look at the events of 2018, through case studies and the PFI Awards, and look forward into 2019 with interviews and articles in the Global section of the book.
PFI Comment
The green supply chain
A green supply chain is emerging to back the emergence of battery technology. There are weaknesses all the way along the chain up to and including the end product. Not exactly ideal territory for project finance lenders but interesting. Very interesting.
Most Popular
Project Finance MLAs Q1 2019
| # | Arranger | (US$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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