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Monday, 24 July 2017

Argentina's President Mauricio Macri

Banks return to Argentine PF

PFI Issue 605 - July 12.2017

Argentina has closed its first commercial PF loan for 20 years. An equity bridge loan kept the project moving. By Nic Stone.

Consortium closes merchant solar deal

PFI Issue 605 - July 12.2017

A consortium led by Sojitz Corporation has closed the formation of the joint venture as well as a project financing that will back the 98MW Huatacondo solar independent power project in the Atacama Desert.

Engie taps Citi for thermal sale

PFI Issue 605 - July 12.2017

European giant Engie has tapped Citigroup to lead the sale of a multi-gigawatt portfolio of thermal power plants in Region II.

Waterway PPP awarded

PFI Issue 605 - July 12.2017

Private investment promotion agency ProInversion has awarded Consorcio Hidrovias II the mandate for the Hidrovia Amazonica public-private partnership. The group is formed by China’s Sinohydro and Peru’s Construcción y Administración.

360Energy readies solar deal

PFI Issue 605 - July 12.2017

Local company 360Energy is looking to develop and finance a 42MW solar project in Nonogasta in Nueva Rioja province.

Swathe of bids for highway

PFI Issue 605 - July 12.2017

Highway regulator Vialidad Nacional has received bids from 24 groups to develop, build, finance, and maintain two sections of the San Juan-Mendoza motorway.

Rail PPP plan takes shape

PFI Issue 605 - July 12.2017

The Government of Argentina will launch in September a public-private partnership to develop a 700km stretch of railroad connecting the Vaca Muerta shale play with the capital of Buenos Aires. The works are expected to require US$530m.

Renewable energy legislation due in 2017

PFI Issue 605 - July 12.2017

Paraguay is preparing to reveal the country’s first legislation promoting the development of and investment in renewable energy.

Odebrecht banned for 12 months

PFI Issue 605 - July 12.2017

Argentina has banned scandal-racked Brazilian builder Odebrecht from bidding on public works projects for 12 months, a government spokesman said, citing corruption cases facing the company in South America and elsewhere.

Brookfield eyes more Odebrecht assets

PFI Issue 605 - July 12.2017

Canada’s Brookfield is in advanced negotiations to buy seven highway concessions owned by embattle company Odebrecht. The Odebrecht Transport assets are 1,779km of roadways located throughout the country.

New dates for highway PPP

PFI Issue 605 - July 12.2017

The Chilean Ministry of Public Works (MOP) has announced that August 17 will be the new deadline to receive offers for the project to improve the Nahuelbuta route as a public-private partnership. The works will require an investment of US$228m.

More metro lines planned for 2018

PFI Issue 605 - July 12.2017

The Peruvian government is looking to fast-track the development of further lines of the Lima Metro system, with a view to having companies in place by the end of 2018, according to private investment promotion agency ProInversion.

Agreement signed to push Agua tunnel

PFI Issue 605 - July 12.2017

President Michele Bachelet of Chile and President Mauricio Macri of Argentina have signed an agreement pushing forward the development of the Agua Negra tunnel that will connect the two countries.

Antioquia considers rail PPP

PFI Issue 605 - July 12.2017

Sociedad Promotora Ferrocarril de Antioquia (SPFA) is looking to structure a public-private partnership to reactivate 80km of railway between the municipalities of Caldas and Botero.

CAF offers gas transport loan

PFI Issue 605 - July 12.2017

Development bank Corporacion Andina de Fomento (CAF) has provided Argentina with a credit for US$150m to help expand natural gas transport capabilities to help rising production from unconventional plays like Vaca Muerta.

All South America