Bujagali Energy: An unlikely DFI debt rollover template
In July, Sithe and IPS refinanced the Bujagali hydro project to deliver a cheaper power tariff to the Ugandan government. The process – a rare refinancing for DFIs – also...
In July, Sithe and IPS refinanced the Bujagali hydro project to deliver a cheaper power tariff to the Ugandan government. The process – a rare refinancing for DFIs – also...
Singapore’s Clifford Capital has closed its first securitisation, and is preparing a second, in a bid to establish an infrastructure CLO franchise. Backed by loans from...
Reverse factoring has been implicated in the demise of two of Europe’s largest corporations – Abengoa and Carillion. Can the holes in reverse factoring accounting...
Ecuador’s rehabilitation in financing markets begins with a complex deal for Lundin Gold’s Fruta del Norte mine. The financing combines a stream, a prepay, commercial PRI...
A near-death experience for Kentucky's debut US broadband PPP due to rising costs highlights the pitfalls to sponsors of states’ budgeting processes. But PPPs for US...
On paper the demand should be there – a mix of low default short tenor and long tenor assets make trade and infrastructure a logical mix for private wealth investors. But...
The private activity bond for a new light rail facility at Los Angeles International Airport (LAX) finds a role for a bond insurer, and a role for PPP in developing...
Having just reached financial close on a DFI-backed deal for the Paradise Park solar project in Jamaica, German asset manager MPC is carving itself a reputation as an...
The holding company refinancing for Freeport LNG train 3 shows that banks have not soured on US LNG. But troubled offtakers may force sponsors down less palatable...
An expensive and unsuccessful gamble on Singapore’s deregulated power market has forced water project developer Hyflux into a painful restructuring. It may also have put...
Is the local currency bank-bond financing for CELSE’s LNG-to-power project an easily repeatable template that will make ECA bond wraps take off? Almost.
China’s Shandong Qingyuan closed three offshore pre-delivery finance facilities against future crude oil deliveries, totalling nearly $1 billion, to take home TXF’s Best...
The bond refinancing of Actis’ acquisition of InterGen Mexico was pitched as a safe play in Mexico’s evolving energy sector. But reform, politics, and the assets’ age,...
The DFI-backed debt for the 7MW PRICO rooftop solar project – only the second power project financing to close in Palestine – is still going to be disbursed despite fresh...
The five-year development finance institution (DFI) funding package for a new oil-fired plant in Guinea might go some way to alleviating the country’s chronic power...
The Ripple versus SWIFT PR campaign appears to have backfired. But whatever the outcome of this rather artificial headline generator, one thing looks certain –...
In an otherwise modest series of proposals for US infrastructure are some measures that might increase the number of brownfield assets coming to market. But states –...
The UK Guarantee Scheme was not designed for financing mining projects. But Sirius Minerals, which has already overcome significant hurdles to its North Yorkshire...
Ukraine’s state-owned nuclear generator has closed a bond issue for a nuclear waste storage project at a cheaper rate than its parent, thanks to a first-of-its-kind...
Coronal Energy’s hedge on a 30MW PV portfolio was not a textbook use of kWh Analytics’ new solar revenue put. But it might be having the desired effect on banks’ term...
In February the Berne Union and the ICC convened a meeting of export finance practitioners to discuss the future of sustainability in the industry. The key message? A more holisitic approach is required to appropriately balance risk and impact.