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Wednesday, 25 April 2018

Minsur readies sizeable mine debt

PFI Issue 623 - April 18, 2018

Peruvian mining company Minsur is in the market looking for up to US$900m in debt backing the Mina Justa copper project in the Ica region. The project has a potential overall price tag of US$1.5bn.

Lundin adds two lenders to mine deal

PFI Issue 623 - April 18, 2018

Lundin Gold has now received commitments from seven lenders as it ups it project finance facility backing the Fruta del Norte gold and silver project to US$350m from US$300m.

Intervias plans bond

PFI Issue 623 - April 18, 2018

Toll road operator Concessionária de Rodovias do Interior Paulista (Intervias) is looking to issue R$800m (US$234m) in bonds backing the project.

A-4 auction results see record pricing

PFI Issue 623 - April 18, 2018

Brazil has awarded 1,024.5MW of projects clean power contracts as part of the A-4 energy tender, according to power trading house CCEE. The auction set records for both wind and solar pricing in the country.

PPPs floated to speed up hospital development

PFI Issue 623 - April 18, 2018

Minister of Health Emilio Santelices and Minister of Public Works Juan Andres Fontaine have announced a plan to bring in private partners to help accelerate construction of hospitals in the country.

A-6 auction set for August 31

PFI Issue 623 - April 18, 2018

Brazil’s Mining & Energy Ministry has set August 31 as the date for the country’s next A-6 power auction. The auction will look to contract wind, hydro, biomass, natural gas, and coal projects.

Tender out for Bean Route PPP

PFI Issue 623 - April 18, 2018

The State of Bahia has launched a tender for the BA-052 highway public-private partnership, known affectionately as the Bean Route. The decision will be made on June 6.

Road concession opens up

PFI Issue 623 - April 18, 2018

The Ministry of Public Works (MOP) has opened up the tender for the execution, repair, conservation and exploitation of the G-21 highway concession.

President outlines PPP programme

PFI Issue 623 - April 18, 2018

Ecuador’s President Lenin Moreno has set out a package of measures to help promote private investment in the country.

New Energy Metals buys mines

PFI Issue 623 - April 18, 2018

New Energy Metals Corporation, which has just changed its name from Darien Resource Development Corporation, has entered into option agreements to acquire a 100% interest in two cobalt exploration projects within the San Juan cobalt district.

GE lands refi and expansion financing

PFI Issue 623 - April 18, 2018

GE Energy Financial Services (GE EFS) and Ingelec Group have secured a US$150m project financing to refinance and expand the 139MW Los Guindos open-cycle thermoelectric power plant in central Chile to 275MW.

Teck increases mine stakes as mega expansion looms

PFI Issue 623 - April 18, 2018

Canada’s largest diversified miner Teck Resources has increased to 90% its stake in project company Compañía Minera Teck Quebrada Blanca, whose main asset is the eponymous copper mine in Northern Chile.

TGS plans pipeline

PFI Issue 623 - April 18, 2018

Natural gas company Transportadora de Gas del Sur (TGS) is looking to invest an initial US$250m on gas transportation infrastructure through to 2019 on the Vaca Muerta shale play.

Investment package approved for renewables

PFI Issue 623 - April 18, 2018

Brazil’s Federal Government has approved a R$1.4bn (US$417m) investment package to back infrastructure projects in the country’s north-east.

Massive credit line for residential solar

PFI Issue 623 - April 18, 2018

Authorities have approved a R$3.2bn (US$955m) credit line backing the acquisition and installation of residential solar projects.

Genneia buys solar projects

PFI Issue 623 - April 18, 2018

Local power company Genneia is acquiring 82MW of solar projects across Argentina. It is buying 100% stakes in project companies Ullum 1 Solar SA (25MW), Ullum 2 Solar SA (25MW), and Ullum 3 Solar SA (30MW). Financial details were not released.

Sacyr lands maiden airport mandate

PFI Issue 623 - April 18, 2018

Sacyr is entering the airport concession business in Chile following the award of a contract for the expansion, financing, construction and management over six years of the El Tepual, Puerto Montt airport.