sections

Sunday, 17 December 2017

Dutch offshore wind

Vattenfall goes for Dutch wind

The Dutch government has opened a tender for bidders willing to submit zero-subsidy offers for the 700MW Hollandse Kust Zuid offshore wind farm. Vattenfall said it has decided to participate in the tender with no subsidies. The scheme is split into two areas of about 350MW each to be built by 2022. The zero-subsidy tender will close on December 21. The government will open an auction for subsidies if the first tender is not successful.

copper

Mega mine deal in market

PFI Issue 615 - December 13, 2017

The Cobre Panama project will see a debt package close early in 2018. The deal is led by ECAs and features a novel precious metals stream agreement. By Nic Stone

Solar

REHubs become a major power play

PFI Issue 615 - December 13, 2017

Utility-scale renewables in Australia are set to be boosted by REHubs. The new hubs combine multiple shared connections to the network. By John Arbouw.

Italy

Project bonds fund Pedemontana Veneta

PFI Issue 615 - December 13, 2017

JP Morgan has closed the first project bond for a greenfield motorway in Italy and the largest such deal in Europe for an Italian-Spanish consortium. By Stefano Berra

Features

Storage

Financing battery storage and renewable energy

PFI Issue 615 - December 13, 2017

Renewable energy has moved to the mainstream. However, these variable renewable power sources make balancing the system more complex and so will require a transformation in our power systems. By Simon Currie, global head of energy in Sydney, and partners Brian Green and Keith Martin in Washington DC, at Norton Rose Fulbright.

Steel

Financing fluorspar in South Africa

PFI Issue 615 - December 13, 2017

In a tough time for South Africa’s mining sector, SepFluor raised commercial and development finance for a relatively unknown industrial commodity. Jonathan Berman, managing director at Fieldstone, examines the project structure.

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 EMEA Report 2017 Cover

PFI EMEA Report 2017

PFI EMEA Report 2017

The Project Finance International EMEA survey has been published – reviewing the extraordinary growth in the renewables market across Europe and some of the more exciting developments in Africa. Even in Spain, where the renewables market was quiet after a time of excess, a range of new projects are coming forward seeking project finance.

PFI Asia Best Practice Report 2017 Cover

PFI Asia Best Practice Report 2017

PFI Asia Best Practice Report 2017

Welcome to the PFI Best Practice Report. It is with great pleasure that I introduce the fourth Project Finance International (PFI) Best Practice in Asian Infrastructure Report.

PFI League Tables 2017

The Thomson Reuters Project Finance International 2017 league table returns are due to be submitted on December 29th 2017. The tables are for mandated lead arrangers for loans, lead managers for bonds and for financial advisory services on project finance deals. Click here to obtain a form and details of the league table process.

PFI Comment

Carillion

No more heroes anymore

Whatever happened to all the contractors? They got a nasty knock that made their ears burn.

Project Finance MLA Q3 2017

# Arranger (US$m)
1 MUFG 8,245.2
2 CDB 6,590.2
3 SMBC 6,375.8
4 SBI Capital 6,235.1
5 BNP Paribas 5,300.5
6 Credit Agricole 5,022.0
7 ICBC 4,647.5
8 Societe Generale 4,095.0
9 ING 4,064.5
10 Mizuho 3,682.7

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.