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Thursday, 30 March 2017

Lenders look to NSW solar

PFI Issue 597 - March 22, 2017

The big four Australian banks as well as international lenders are gearing up to lend a total of more than US$1.5bn to solar projects that are expected to receive approval in the next few months from the New South Wales government. The 12 new solar projects that are expected to receive approval were announced late last week and have a combined power output of 1,000MW.

Auckland Airport issues AMTNs

PFI Issue 597 - March 22, 2017

 

LPI bids due March 30

PFI Issue 597 - March 22, 2017

Final and binding bids for the New South Wales land titling and registry business, Land & Property Information (LPI) are due by March 30.

NSW govt announces tunnel toll road

PFI Issue 597 - March 22, 2017

 

Northern Pathways wins Grafton prison PPP

PFI Issue 597 - March 22, 2017

The Northern Pathways consortium comprising Serco, John Laing, John Holland and Macquarie Capital has won the bidding for the Grafton prison PPP in northern New South Wales.

Privatisation off the agenda in WA

PFI Issue 597 - March 22, 2017

The sale of Western Power, the Port of Fremantle and possibly the Utah Point bulk-handling facility are off the agenda for the foreseeable future following the decisive win by the Labor Party in the Western Australian election earlier this month.

NAIF to make first investment

PFI Issue 597 - March 22, 2017

The A$5bn (US$3.8bn) Northern Australian Infrastructure Fund (NAIF) that the Federal government set up last year is set to make its first investment within the next two months.

Adani applies for fund financing

PFI Issue 597 - March 22, 2017

India’s Adani Enterprises has applied for financing from the Northern Australian Infrastructure Facility (NAIF) to develop its mine, rail and port project in the Galilee Basin in Queensland.

WICET port charges deal looks close

PFI Issue 597 - March 22, 2017

The deal between the lenders and the miners that own the Wiggins Island Coal Export Terminal (WICET) on reducing the port charges is close to settlement.

Macquarie submits metro station proposal

PFI Issue 597 - March 22, 2017

Macquarie Group’s unsolicited proposal to design and fund an integrated Sydney Metro Martin Place station development has progressed to Stage 3 of the New South Wales unsolicited proposals approval stage.

TNG receives mine/refinery approval

PFI Issue 597 - March 22, 2017

TNG Ltd has received approval from the Northern Territory government to develop the A$850m (US$638m) Mount Peake vanadium-titanium-iron mine north of Alice Springs and to construct a refinery in Darwin.

APA/Marubeni team up for Origin pipelines

PFI Issue 597 - March 22, 2017

 

APA issues bonds

PFI Issue 597 - March 22, 2017

APT Pipelines, the borrowing entity of Australian gas pipeline operator APA Group, has issued a 4.25% US$850m 5% long 10-year (July 15 2027) 144A/Reg S bond offering through joint bookrunners JP Morgan and Morgan Stanley.

DUET takeover decision pushed back

PFI Issue 597 - March 22, 2017

 

Macquarie makes gas play

PFI Issue 597 - March 22, 2017

Macquarie Group is set to increase its takeover offer for oil and gas company Central Petroleum to more than A$75m (US$56.4m) as it moves to take advantage of the Australian gas shortage.

Ratch looks for Collector wind finance

PFI Issue 597 - March 22, 2017

Ratch Australia is said to be in talks with its banking group – NAB, ANZ, BTMU and SG – to fund the A$400m (US$307m) Collector wind farm in New South Wales. Ratch is currently finalising a power purchase agreement (PPA) for the Collector project, which is needed before financing can be completed.

Eurus refinances Hallett 5

PFI Issue 597 - March 22, 2017

Japanese renewables developer Eurus Energy has refinanced a A$150m (US$113.7m) loan with ANZ, Bank of Tokyo-Mitsubishi UFJ, National Australia Bank and Westpac for its Hallett 5 wind-farm project in South Australia.

South Australia jump starts battery storage

PFI Issue 597 - March 22, 2017

The South Australian government will spend A$550m (US$415.5m) on a new package designed to shore up its electricity system, which includes a A$360m government-owned gas-fired power plant and Australia’s largest battery storage facility.

Chow Tai Fook Enterprises lined up for Alinta

PFI Issue 597 - March 22, 2017

The private equity owners of West Australian utility Alinta Energy finally have a deal after Hong Kong’s Chow Tai Fook Enterprises offered to pay US$4bn to acquire the asset.

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