PFI Yearbook 2021

Welcome to the 2021 Project Finance International (PFI) Yearbook. The yearbook is our annual publication in which we look at the events of 2020, through case studies and the PFI Awards, and look forward into 2021 with interviews and articles in the Global section of the book.

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Download and read the PFI Roll of Honour 2020 PDF


Global Awards

Global Bank of the Year – SMBC SMBC has had yet another market-leading year in the project finance area with its commitment to the sector paying off once again. For some time it was behind other Japanese banks in the sector but it now regularly tops the bank loan league tables and backs this feat up...

First mover issues for green hydrogen
Hydrogen and the Australian connection
2021 – The US offshore breakthrough
CPPAs – The present and the future
Energy Estate – Facilitating innovation
Hive Energy – Finding cheap hydrogen
What's next for Vietnam LNG
KEB Hana – Looking for green expansion
East West taps into project finance
OCBC’s sustainability challenge
Keeping Africa on an upward trajectory


Americas Awards

Americas Bank of the Year – MUFG MUFG was the standout bank in the Americas in 2020, using its dual threat of leveraging relationships during macro uncertainty to deliver for clients in established sectors as well as pushing into new untested sectors. The group was the top mandated lead arranger...

2020 – A switchback year for tax equity
Trends in PF for US energy storage
First utility-scale solar for Louisiana
Sweetwater closes land grant mine hybrid PF
PMGD – Financing solar DG in Chile


Asia-Pacific Awards

Asia-Pacific Bank of the Year – Societe Generale The year 2020 may be remembered as the year nature took back earth and gave it a rest from human activities. It has been both good and bad, but in the world of project finance, it is the year renewables took and owned the centre stage in Asia. In that...

Dialing up Asia’s green project bond market
Landmark SPP financing for B Grimm
Meghnaghat – A first for Bangladesh
Two-staged approach for Murra Warra wind
Rolling out Australia's largest VPP


Europe Awards

Europe Bank of the Year – Credit Agricole CIB Credit Agricole has stepped up the plate this year by taking some bold advisory and lending positions to bolster its standing in key sectors such as telecoms and offshore wind. The €1.1bn financing for French telecom operator Asterix was signed in June...

Middle East & Africa Awards
Asterix – Secrets about the magic potion
The snowball that led to an avalanche
BAKAD PPP gets to FC in the Covid-19 environment
Bokpoort CSP refinacing unlocked
NLNG 7 – A template for the future

Back Section

A funny ol' year

"It's a funny ol' game Saint," Jimmy Greaves would say during the popular Saint & Greavsie UK football pundit show in the 1980s. And it's been a funny old year. How has it been for you? One good thing was that BT Sport released a 90 minute documentary on the footballing maestro – something to...