Time for more Basel-friendly project loan CLOs?
The latest revisions to Basel III are generally good news for banks. But they’ll still have to do more to manage their project finance loan books.
The latest revisions to Basel III are generally good news for banks. But they’ll still have to do more to manage their project finance loan books.
The December 2017 finalisation of the Basel III framework offers some good risk weighting news for smaller multilaterals. Could this help channel more funding to emerging...
The restructuring of Greece’s power sector continues with a novel proposal to monetise PPC customer receivables. If the deal happens, it is likely to be one of the first...
With few exceptions, US travellers have little love for inter-city rail travel. Having pulled off a $600 million non-investment grade PAB issue for its Brightline private...
A clutch of Canadian battery storage deals suggests that non-recourse financing is available for developers – but at a price.
The largest infrastructure project financing in Africa to date, the complex dual-jurisdiction set of agreements for the $2.7 billion Nacala rail financing has lessons for...
The World Bank and the Islamic Development Bank have issued a report highlighting the potential for Islamic finance in PPP. And untapped pools of capital could boost...
Pampa Energia guaranteed the first international financing for a project under Argentina’s RenovAR programme. But the hybrid project structure is strong enough to support...
Bpifrance tells TXF about the 5th edition of Bpifrance Inno Generation took place on 10 October, 2019 in Paris.
Denmark’s EKF has cancelled a loan for the Teghout open pit copper mine in Armenia on environmental grounds. Is this a signal for ECAs to get tougher?
Forget twitter and the crassness, Donald Trump has an infrastructure plan that the PPP industry actually likes. But is it workable, and would it pass congress?
Rockhopper and Premier Oil, the independent operators of the Sea Lion oil field offshore the Falkland Islands, have approached UKEF for a direct loan. Why don’t more...
An Opic-wrapped Energoatom nuclear waste storage facility project bond is nearing launch. The enhanced bond will be structured around Ukrainian risk, nuclear risk, and...
Lenders have responded strongly to the new breed of power purchase agreements on offer in Mexican renewables. But the market is only likely to get more merchant. TXF...
Tajikistan has startled bond investors with its debut Eurodollar issue – a deal designed to finance construction of the 3600MW Rogun hydroelectric power project. But the...
The US state of Indiana has terminated the contract and paid off the bond debt for the I-69 PPP. Was picking a shaky contractor bad luck or bad judgement? And what...
Indonesia’s economy is in rude health. Which means time for a refinancing for Paiton, the coal-fired power plant that always captures the zeitgeist in Indonesian power.
After a burst of greenfield and brownfield financings in the US PJM power pool - a boom fuelled by cheap gas - recent capacity auctions point to a slowdown. Some bankers...
Open Fiber's fibre-optic broadband build-out could be one of Europe's largest infrastructure financings of 2017, if CEO Tommaso Pompei's stated timescale is not too...
With Etisalat Nigeria ownership on the verge of being handed over to 13 banks, have African mobile and tower operators taken on more FX risk than they can handle?
The trade finance industry has suffered a trio of ailments since the end of 2024 with the shuttering of three different non-bank lenders. While the circumstances across the three cases vary, market conditions are posing problems for lenders of all sizes. How can the community reflect on these events, and what options are borrowers left with?