PF loans up 14%
Global project finance loans reached US$87.1bn in the first quarter, according to the latest data from LSEG Data & Analytics, up 14% from last year. Project bond issuance reached US$23.744bn with the Americas recording US$20.021bn, Asia-Pacific US$1bn and EMEA US$2.723bn.
Americas project finance loans activity hit US$53.8bn with 101 deals in quarter, a 44% increase compared with 2024. Telecoms was the leading sector, accounting for US$22bn, with QTS Suwanee I DC2 as the top global deal with US$4.1bn in proceeds.
Asia-Pacific and Japan project finance loans totalled US$7.8652bn from 25 transactions, a 27% decrease compared with last year. The power sector was the most active with US$5.6bn from 17 deals, a 15% increase compared with 2024. Fengmiao Wind Power from Taiwan led with a US$3.1bn facility and ranked third in the global top 10 deals.
EMEA project finance loans recorded US$25.4bn through 58 deals, down 11%. Power activity totalled US$13.2bn and was the top sector in the region with a 59% increase compared with 2024.
Full details and bank rankings are available in the Deals Data tab.
