Tuesday, 25 April 2017
The first round bids for the HS1 high speed rail asset between London and the Channel Tunnel are due on May 10 from Amber/Dalmore/DIF and Axa/Equitix/Infrared. The asset is already has £1.9bn in fixed rate debt although some more holdco debt could be added. The asset is being sold by Borealis and OTPP.
Thailand’s Board of Investment has approved incentives for the massive Gulf IPP. Gulf is now in full preparation mode, perking up the quiet power sector, almost four years since the 2013 win. By Minerva Lau.
Spain is launching a long-awaited technology-neutral renewable power auction. The tender could usher in an era of challenging merchant renewables financing. By Stefano Berra
In a race among solar developers in the Philippines to achieve project completion and compliance with the rules set by the Department of Energy (DOE), renewable power projects have rushed construction and development to become eligible for the coveted feed-in-tariff (FiT) system. By Jose Eduardo A Quimpo II and Camille Jasmine Aquino of BDO Capital & Investment Corporation.
Hedcor Sibulan is the first project to be financed by a note facility in the Philippines, introducing infrastructure financing to non-bank institutional investors. By Arsenio Kenneth M Ona, first vice president at the Investment Banking Group of First Metro Investment Corporation (FMIC).
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.
The controversy surrounding the Dakota Access pipeline has shaken the project finance community – along with, of course, a host of other interested parties in the scheme. Every so often a controversial project comes along that tests those involved.
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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.