sections

Saturday, 30 July 2016

Nice airport

French airports winners named

The French government has selected the Atlantia/EDF Invest consortium as the winner for the privatisation of Nice Cote d’Azur airport, with a bid of €1.22bn. It also picked a group of Vinci/Predica/CDC as the winner for Lyon Saint Exupery airport, with a bid worth €535m. The state is selling a 60% stake in each airport.

Toronto

Airports under P3 review

PFI Issue 582 - July 27, 2016

A federal infrastructure review is looking at Canadian airports. The review has opened up the possibility of many significant P3s. By Alison Healey.

Australia

Schools in for student PPPs

PFI Issue 582 - July 27, 2016

A growing PPP sector is emerging, student accommodation. Australia is pushing to become an Asia Pacific education hub. By John Arbouw.

Eskom

Eskom knocks IPP confidence

PFI Issue 582 - July 27, 2016

Eskom has sent a chill down the IPPs in South Africa. Negotiations about future projects could delay schemes further. By Colin Leopold.

Features

Oil

Impact of collapsed commodity prices on EPC

PFI Issue 582 - July 27, 2016

Nexant is frequently asked to comment on EPC construction costs, both in feasibility studies as well as in the financing of projects. This article looks at the impact of the weakening in commodity markets on the EPC sector, in an attempt to understand the quite distinct outcomes seen in the market. By Aline Ingram, senior consultant and Alastair Hensman, vice-president; Nexant Limited, London.

USA

Building pipelines instead of walls

PFI Issue 582 - July 27, 2016

There has been a significant rise in US natural gas exports to Mexico in the past few years. By Dan Michalchuk and Dan Bartfeld, partners, Sean O’Neill and Michael Evry, associates, Milbank Tweed Hadley & McCloy LLP.

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

ICBC

Yin and yang

Asian banks are set to join the global project finance party in a big way – but for differing reasons. While China has embarked on an overseas investment spree, South Korea is seeking export led growth. Whatever the reasons behind their moves, these banks are emerging as key players.

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.