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Saturday, 20 October 2018

Bonds and loan eyed for Cochrane refi

PFI Issue 635, October 17, 2018

Special purpose vehicle Empresa Electrica Cochrane II is planning to issue up to US$725m in notes that will be used to pre-pay a project loan and pay termination costs of a hedging agreement on the 550MW Cochrane coal-fired generation project in Chile’s northern region.

EIB fills BNDES gap

PFI Issue 635, October 17, 2018

The European Investment Bank (EIB) has approved an up to €80m (US$93m) loan to Brazil’s regional development bank Banco de Desenvolvimento da Região Sul (BRDE) to on-lend to clean energy projects.

New mega road PPP out

PFI Issue 635, October 17, 2018

Ecuador’s Ministry of Transport & Public Works (MTOP) has launched the tender for the US$1.14bn Guayaquil Southern Viaduct project as a PPP.

Airport P3 cancelled

PFI Issue 635, October 17, 2018

Paraguay’s Public Works Ministry (MOPC) is said to have cancelled procurement on the Silvio Pettirossi International Airport modernisation public-private partnership. The project had an estimated cost of US$149m.

ARAUCO taps Valmet for pulp mill

PFI Issue 635, October 17, 2018

ARAUCO has signed a letter of award (LoA) with Valmet to supply pulp mill technology including pulp drying and baling, a recovery boiler and a biomass boiler for the MAPA project in the Bio Bio Region.

Sacyr lands highway mandate

PFI Issue 635, October 17, 2018

Sacyr Engineering and Infrastructure and Terrak SAC have won the concession to upgrade and improve the 71km highway that connects Huancabamba and Canchaque in the region of Piura. The works will require S423.2m (US$127.4).

Eletrobras completes sales

PFI Issue 635, October 17, 2018

Brazilian utility Eletrobras has raised around R$1.3bn (US$325m) from the sale of wind and transmission assets.

ProInversion promotes 50 PPPs

PFI Issue 635, October 17, 2018

Private investment promotion agency ProInversion has announced a portfolio of 50 public-private partnerships worth more than US$11bn to be awarded by 2020.