Thursday, 08 December 2016
Canadian Solar has closed ¥14.9bn (US$141.5m) senior and subordinate non-recourse term loan to finance the construction and operation of a 55MW solar power plant in the Yamaguchi prefecture, Japan. The facilities were arranged by South Korean-based Hanwha Asset Management and have a maturity of 17 years. See story below.
The smart institutional investor has an involvement in medium-scale renewable project financings in Europe. By Gerard Pieters and Heiko Ludwig, Nord/LB.
The Pacific Alliance was recently dubbed “the most important alliance you’ve never heard of” by Atlantic Magazine1. This may be an accurate description. By José A Morán, North America’s banking and finance chair based in Chicago, and Hana Damore, banking and finance associate, Chicago, Baker & McKenzie.
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.
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.
Nuclear power projects are now the biggest deals in town, with the mega LNG boom having tailed off for the time being. Funding them is the elephant in the room, a very big elephant and a pretty small room.
The Thomson Reuters Project Finance International 2016 league table returns are due to be submitted on December 31st. The tables are for mandated lead arrangers for loans, lead managers for bonds and for financial advisory services on project finance deals. Click here to obtain a form and details of the league table process.
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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.