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Thursday, 23 October 2014

PFI

Europe back on

The European project finance market has been flat for some time now but there are signs it is picking up. In the latest Q3 numbers for the asset class, the EMEA region was level at US$70bn compared with the same time last year. However, perhaps surprisingly, Western Europe was up 37.5% to US$40bn. See PFI’s detailed European supplement by clicking on the Special Reports tab for 2014.

Chile

Transmitting a new boom

PFI Issue 539 - October 22, 2014

A booming need for power is seeing a growing need for transmission. Predictable cashflows make for attractive investments. By Nic Stone.

Laos

Taking over EDL

PFI Issue 539 - October 22, 2014

EDL-Generation plans to acquire power plant assets of Electricite Du Laos. Power from the latest Laotian IPP could end up in China. By Minerva Lau. 

Milan

Investors get on M5

PFI Issue 539 - October 22, 2014

Institutional investors are warming up to Italian infrastructure and are looking to close their first deal. Commercial banks, including foreign lenders, are also featuring prominently. By Stefano Berra.

Features

Indonesia

Plugging the gap – Three new players

PFI Issue 539 - October 22, 2014

Given the evident need for new infrastructure, driven by Asia’s continued population and economic growth, businesses and governments alike will be encouraged by the emergence of three new Asian funding sources. By Nomita Nair and Robert Gross, partners, project finance, at Berwin Leighton Paisner LLP.

Japan

Japan's FiT flies close to the sun

PFI Issue 539 - October 22, 2014

Spurred into action by the 2011 Fukushima nuclear meltdown, the National Diet of Japan seized on popular anti-nuclear sentiment and passed sweeping legislation to encourage the development of the nation’s renewable energy resources. By Dan Brown and Celeste Koravos, DLA Piper.

PFI Europe Cover 2014

PFI Europe Report 2014

PFI Europe Report 2014

The project finance market in Europe has become intensively competitive as the number and type of debt providers grows. Banks are coming back strongly into the medium and long term debt market as the effects of the euro crisis fade. Institutional investors, attracted into the market to fill the gaps made when the banks left during the euro crisis, remain and indeed are growing keener on the infrastructure sector. In times of low interest rates and low inflation, the yield uptick offered by creditworthy projects is compelling.

PFI ME Cover 2014

PFI Middle East Report 2014

PFI Middle East & Africa Report 2014

Project finance in the Middle East & Africa region is on the upswing again and the annual PFI report on the region will cover this fascinating region in full with case studies and articles on key issues.

PFI Global Infrastructure Report Cover 2014

PFI Global Infrastructure Report 2014

PFI Global Infrastructure Report 2014

The keenly awaited annual Project Finance International (PFI) Global Infrastructure report has been published at a time when the market is turning. More long term liquidity is available for infrastructure schemes, pricing on shorter term infraco deals is moving down encouraging sponsors back into bidding for assets and the projects pipeline is showing signs of growing once again.

PFI Best Practice Report Cover 2014

PFI Asia Best Practice Report 2014

PFI Asian Best Practice Report

PFI has released its first Best Practice in Asia report - at a time when the procurement and development of projects has never been more critical as the region seeks to ensure its infrastructure keeps pace with its economic growth. The report includes a range of views from senior project practitioners plus the first PFI Citations for best practice. 

PFI India Cover 2014

PFI India Report 2014

PFI India Report 2014

This is the 8th year that PFI is putting together an annual report on India. It comes at a special time when the country has just elected a new prime minister – Narendra Modi – the leader of Bharatiya Janata Party, who broke the status quo and is expected to bring marked changes to the direction the economy has been going through. The theme of the report will thus be “the rebooting of India”.

PFI Legal Survey 2013/2014

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

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

Transmission

Transmission gets competitive

Power transmission projects have often been the bridesmaid at the IPP wedding, never catching the bouquet. That has been changing in recent years. Introducing more and more competition into the sector has proved beneficial but needs to continue.

Project Finance MLA Q3 2014

# Arranger (US$m)
1 SMBC 9,872.5
2 Mitsubishi UFJ 8,742.3
3 BNP Paribas 8,002.7
4 Mizuho 6,058.2
5 Credit Agricole 5,511.6
6 ING 5,436.4
7 CBA 4,922.9
8 HSBC 4,525.9
9 Societe Generale 4,426.1
10 Natixis 3,861.9

Digital Edition

Access a digital edition of the latest print magazine here. Access the digital edition of the PFI Yearbook 2013 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 rm.clientsupport@thomsonreuters.com.

PFI Global Energy Report Cover 2014

PFI Global Energy Report 2014

PFI Global Energy Report 2014

The Global Energy report takes a look at the full range of issues currently exercising the project finance market - from funding schemes in Africa and obtaining finance for coal fired plants onto renewables, FLNG and the LNG boom in North Americas.

PFI Asia-Pacific Report Cover 2014

PFI Asia-Pacific Report 2014

PFI Asia Pacific Report 2014

The need for rail road, power, port and resources infrastructure has become an economic priority for countries across the Asia Pacific. The lessons from past infrastructure financing failures have also been learned as governments, sponsors and lenders frame new financial structures that share and minimise financial risk during construction.