Americas Report
Americas Report 2007
Coal still king in US fuel mix: Coal remains a vital and growing part of the US fuel mix, according to the latest government energy report. Coal's share of the power market will remain at 57% in 2030, while electricity demand will have jumped 41% between 2005 and 2030.
Future of coal in hands of legislators
The outlook for traditional coal is uncertain following the collapse of what would have been the most ambitious new-build programme ever and its financing. Legislation that mandates carbon capture is likely, and this risk must be carefully considered in future deals. By Alison Healey.
The Fed's role in controlling emissions
Coming fast on the heels of Al Gore’s Oscar, a shockingly warm early January and new leadership in Congress has brought the issue of global climate change to the fore of public attention for 2007. By James C Liles, regulatory adviser, Milbank Tweed Hadley & McCloy LLP.
NorTex structured for mass appeal
The need for US$335m in financing for a North Texas gas storage operation resulted in a hybrid financial structure from WestLB and Barclays to attract commercial banks, hedge funds, insurance companies and other institutional investors. By Alan Gersten.
Bobcat seals dome deal
The Bobcat Gas Storage transaction represents one of the initial financings done for the construction and long-term financing of a natural gas salt cavern storage facility in the US. By Yen Hua, RBS Securities Corporation.
Europeans coming back to America
European banks, advisers and law firms have made US infrastructure a priority after the recent PPP surge. Despite a quiet start, the domestic American players are now taking notice, so are the roads really paved with gold? By Antony Collins
Two ports compared in syndication
This year’s ports deals have brought new financial structuring and a whole new understanding of acceptable leverage to Americas project finance. A third deal is in the works. By Alison Healey.
Brazil bargains on power auctions
A massive new hydropower scheme will help deliver a huuge portion of Braizl's future energy needs. The experience of the power markets recently has been mixed but there are ambitious plans. But in the short-term the outlook is less certain. By Barry Marshall.
