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Saturday, 25 March 2017

Everton

Everton FC seeks lenders

Everton Football Club is to seek long-term lenders to fund its new £300m stadium. Under a deal with Peel Ports and Liverpool City Council, the council will guarantee the debt in return for a £4m-£5m per year security fee. KPMG is conducting a shadow rating exercise that will determine the precise level of the fee. See story below. 

Michelle Bachelet

CSP challenges in Chile

PFI Issue 597 - March 22, 2017

High prices and huge demand meant companies came to Chile. Now they are looking to get their financing for concentrated solar power projects to the finish line. By Nic Stone.

Java

Two SPVs for Java 1

PFI Issue 597 - March 22, 2017

Jawa Satu Power will be setting up two separate borrowing entities. Lenders will be the same for both. By Minerva Lau.

Car park

Infraco M&A sweeps across Europe

PFI Issue 597 - March 22, 2017

A wave of infrastructure-style M&A deals is approaching throughout the eurozone. Investors and banks are attracted by growth opportunities, shorter tenors and higher returns. By Stefano Berra.

Features

Oz

The Australian energy dilemma

PFI Issue 597 - March 22, 2017

The big oil and gas majors are spending more than US$200bn to make Australia the world’s largest gas exporter yet the country is facing a domestic gas shortage and power blackouts in some states, and consumers have seen power and gas bills rise to unsustainable highs. By John Arbouw.

The Hub Power project

Full steam ahead in Pakistan

PFI Issue 597 - March 22, 2017

Financing for energy and infrastructure projects in Pakistan has increased significantly over the last few years, with the government, sponsors and financiers all working well in tandem. By Sheharyar Chughtai, vice-president, Asia-Pacific Project Finance, Korea Development Bank, Singapore. 

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.

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 Comment

China

The Chinese template

The ambition of Chinese sponsors and banks to take on challenging projects is now coming into sharp focus. While Chinese banks follow the norms set by other international lenders in non-Chinese sponsored deals, they have their own unique template when it comes to China Inc deals.

Project Finance MLA 2016

# Arranger (US$m)
1 MUFG 14,215.6
2 CDB 13,202.6
3 SMBC 11,079.4
4 Mizuho 7.715.5
5 Credit Agricole 7,389.7
6 Societe Generale 5,966.8
7 BNP Paribas 5,808.0
8 ING 5,590.8
9 SBI Capital 5,277.5
10 Natixis 4,388.8

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 EMEA 2016 Cover image

PFI EMEA Report 2016

PFI EMEA Report 2016

The 2016 Project Finance International Europe, Middle East & Africa (EMEA) Report provides a range of case studies from the region plus a look at key themes in the market such as the evolving structure of power purchase agreements and new credit enhancement products.

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 Asia Best Practice Report 2016

PFI Asia Best Practice Report 2016

PFI Asian Best Practice Report

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