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Sunday, 24 June 2018

Taiwan

Taiwan offshore tariffs drop

Orsted and the Yushan/Northland Power joint venture has won the remaining 1664MW offshore wind allocation in the Taiwan. The government has already awarded 3836MW. Orsted won 337.1MW at NT$2.548/kWh on its Southwest Greater Changhua project and 582.9MW at NT$2.5481/kWh on its Northwest Greater Chaghua scheme. See story below. 

Detroit to Windsor

WDBA looks at Gordie Howe bids

PFI Issue 627 - June 13, 2018

Windsor-Detroit Bridge Authority (WDBA) is examining the three Gordie Howe bids. Bidders are facing pressure to reduce costs. By Alison Healey

Toll

WestConnex sale gets difficult

PFI Issue 627 - June 13, 2018

The WestConnex sale is down to just two bidders now. And problems still remain with the process. By John Arbouw

Spain

Developing PPAs boost subsidy-free solar

PFI Issue 627 - June 13, 2018

Banks have been appointed to fund two of Spain’s largest unsubsidised PV plants. The projects have different PPA structures, in a sign of a developing power offtake market. By Stefano Berra

Features

REUTERS/Issei Kato/File - A liquefied natural gas (LNG) carrying vessel sails at Tokyo Bay, offshore of Yokosuka, south of Tokyo, Japan

The incremental LNG project boom

PFI Issue 627 - June 13, 2018

The second wave of LNG project construction is getting under way in Australia and PNG with an estimated capital cost of more than US$10bn. This time around it isn’t massive new projects and financing that are at stake but rather the ability to fund and build incremental expansion at existing projects and provide the flexibility of supply and price demanded by new buyers. By John Arbouw

REUTERS/Nicky Loh - People ride their bicycles in front of wind turbines that generate electricity in Gaomei Wetland in Taichung

Taiwan – Take your marks, get set, go

PFI Issue 627 - June 13, 2018

The first significant pipeline of offshore wind farms outside Northern Europe is to be developed in Taiwan. By James Harris, partner, Singapore and Marianne Chao, Of Counsel, Taipei, Jones Day

2017 PFI Awards Winners

2018 PFI Yearbook

PFI Yearbook 2018

Welcome to the 2018 Thomson Reuters Project Finance International (PFI) Yearbook. The Yearbook is our annual publication in which we look at the events of 2017, through case studies and the PFI Awards, and look forward into 2018 with interviews and articles in the Global section of the book.

PFI Global energy 2018 Cover

PFI Global Energy Report 2018

PFI Global Energy Report 2018

Developments in the LNG market and the spread of increasingly cheap renewable technology are dominating the global energy market. PFI’s Global Energy Report 2018 examines the driving forces behind these and other trends through case studies of landmark deals and articles on important market shifts. The report looks at new technology such as energy storage and new funding options for renewables.

PFI Comment

Wind

Synths up your sleeve

The development of the corporate power purchase agreement (PPA) market is becoming the main story of the renewables market this year, following the race to the EPC bottom last year. The complexity of each negotiation could get in the way of market development, however.

Project Finance MLA 2018 Q1

# Arranger (US$m)
1 MUFG 2,311.0
2 CDB 2,000.0
3 SMBC 1,785.0
4 ING 1,586.2
5 Societe Generale 1,389.9
6 Credit Agricole 1,213.9
7 Mizuho 1,099.2
8 SBI Capital 1,038.0
9 ANZ 813.7
10 KfW IPEX 758.6

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.