PFI Yearbook 2020

Welcome to the 2020 Project Finance International (PFI) Yearbook. The yearbook is our annual publication in which we look at the events of 2019, through case studies and the PFI Awards, and look forward into 2020 with interviews and articles in the Global section of the book.

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Download and read the PFI Roll of Honour 2019 PDF


Global Awards

Global Bank of the Year – SMBC SMBC had a very busy year across all global platforms – loans, bonds and advisory. The bank has 400 professionals across the world working on project finance. It has been involved in a range of landmark transactions this year. The bank's long-term commitment to the...

AIIB – Ambitions and innovation
KDB - Going international
Financial sponsors lead the way
Irish eyes are smiling
Libor transition in international PF
LNG disrupted end to decade
The evolving structure of PPAs
Absorbing corporate PPA risks
Bank liquidity on Taiwan offshore wind
Key PF issues for Vietnamese IPPs
Renewables in Australia beyond 2020
Polish offshore – On the verge


Americas Awards

Bank of the Year – Citi Citi was the stand-out bank in the Americas in 2019 based on the bank’s innovation in Latin America and progression into new asset classes, as well as its leadership role in some of the year’s most complex transactions. The bank’s Americas-based project finance activity...

Calcasieu Pass funds modular LNG
Exim Bank prospects and PF
ITC – Phasing down while ramping up
PV peaker solves Hawaii's sunny problem
Local currency backs port expansion


Asia-Pacific Awards

Bank of the Year – MUFG It has been a busy year for Japanese bank MUFG and nowhere more so than in the Asia-Pacific region, where the institution is PFI’s Asia-Pacific Bank of the Year. With a team of 194 professionals across various sectors of project finance, located in Tokyo (80), Sydney &...

Bringing PF to New Zealand's wind
Queensland pushes transport PPPs
Cofinancing the Riau IPP
Thailand's first two monorail MRTs
UT-1 hydro empowers Nepal


Europe Awards

Europe Awards Bank of the Year – Societe Generale Societe Generale had a strong year working on the trending sectors of 2019 – offshore wind and fibre. The bank's franchise in offshore wind now stretches well beyond Europe into the US and into Asian countries such as Taiwan and Vietnam....

MEA Awards
Investors make room for Brebemi
Turning Belgrade's waste into energy
The world's largest SWRO plant
Favourable winds – Dumat Al Jandal
The African infrastructure gap
Lekki lays a port milestone
Nouakchott Port – A sign of the times

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