Renewables & Waste Report
Renewables and Waste Report 2008
US financiers consider new world: As the US presidential election in November draws closer, project developers, advisers, and bankers are viewing the national regulation of greenhouse gases.
Immense opportunity
The scale of what the UK government is proposing for its offshore wind sector is truly immense. But the contrast with what has been achieved thus far is pretty wide too. Developers and financiers will be attracted, however, despite the record. By Rod Morrison.
Mount Storm battles ill winds
Fortis and BBVA closed syndication on the loan financing for NedPower’s Mount Storm earlier this year, but relentless legal manoeuvring and turbine malfunctions keep the deal risky. By Alison Healey.
A Brazilian wind for all seasons
The winds are still blowing in northeastern Brazil, so windfarms – despite the sale of one major project – remain a strong energy alternative. Project finance capital is still available, though perhaps not for large deals. By Alan Gersten.
Barriers to Chinese wind
Despite considerable wind power capacity and the creation of policy and regulatory structures to support renewable energy, some major hurdles continue to limit foreign and private sector investment in the wind power market in China. By Jack Su of Lovells, Hong Kong, and James Webbe and Frédéric Delaffond of Lovells Lee & Lee, Singapore.
A healthy PPP environment
The South Korean PPP initiative is being used to build sewerage schemes. This article describes how and presents a specific case study. By Seil Kong, general manager project finance department, Korea Development Bank.
Waste-to-energy in Germany
Due to regulatory changes and the increase in energy prices a large number of waste-to-energy facilities have been constructed in Germany and even more are in the planning phase. By Uwe Sager, partner and Mario Welle, consultant, SPF Partners.
Italy’s wasted potential
There is more trash to go around than Italy can handle, yet waste-to-energy (WTE) deals in the country have been held back by the government’s reluctance to tackle incompetence, corruption, neglect and even violence. Greg Roumeliotis lifts the lid on some promising but troubled projects.
Wind in their sails
One year on from a European roadshow to pitch a €1bn global wind portfolio financing to banks, syndication close on an additional €430m marks another milestone for Babcock & Brown Wind Partners’s (BBW) rolling debt. By Mark Kolmar.
