Thursday, 27 October 2016


French broadband closing due

Axione is looking to close the financing for its €700m rural broadband concession project in the Nord-Pas-de-Calais-Picardie region at the beginning of November. Credit Agricole, Natixis and Societe Generale are providing €400m of debt including an equity bridge loan, a VAT facility and €300m of soft mini-perm senior loans, part of which are expected to be syndicated. Other funding is coming from the public sector and from revenues during construction.


Seeking somewhere to go

PFI Issue 587 - October 19, 2016

Opportunities are emerging for sponsors in the Mexican transmission sector. The country is looking to transport power to areas of high load growth. By Nic Stone.


Full steam ahead for LRT

18 October 2016

Australian Capital Territory’s (ACT) incumbent government has won its election. The decision means its LRT expansion scheme can go-ahead. By John Arbouw.


First coal IPPs awarded

PFI Issue 587 - October 19, 2016

South Africa has selected Saudi and Asian sponsors for more than 860MW of coal power. Both are looking to local banks for over US$2bn in financing. By Colin Leopold.



The P3/real estate hybrid searches for PF

PFI Issue 587 - October 19, 2016

A growing pipeline of university-related P3s in the US has quietly brought some new players and structures to project finance. By Alison Healey.


Australian power struggle heats up

PFI Issue 587 - October 19, 2016

The political and economic battle between baseload coal-fired power generation and a renewable energy alternative in Australia has become more heated as a power blackout in South Australia was blamed by many parties, including the Prime Minister, on the fact that 40% of the state’s power supply comes from renewables. Queensland is the next battleground. By John Arbouw.

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 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 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.

PFI Legal Survey 2015/2016

Thomson Reuters Project Finance International (PFI) is pleased to launch its survey of law firms in the project and infrastructure finance sector for the fifthteenth year running.

The PFI Legal Survey will be published in November. To take part, please complete the survey form contained in this pdf.

PFI Comment


The search for yield

The further out to sea you go, the better the yields from the wind for a wind farm. This simple statement is driving yet more new technological developments in the renewables sector. We recently saw the first floating LNG scheme in the project finance market, now the new frontier is floating wind farms.

Project Finance MLA Q3 2016

# Arranger (US$m)
1 CDB 11,883.6
2 MUFG 10,183.8
3 SMBC 8,921.7
4 Mizuho 5,408.4
5 Credit Agricole 4,893.5
6 Societe Generale 4,213.5
7 BNP Paribas 3,690.4
8 SBI Capital 3,599.3
9 ING 3,222.9
10 Santander 2,946.7

Digital Edition

Access a digital edition of the latest print magazine here. Access the digital edition of the PFI Yearbook 2016 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

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.

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.