The mobilisers
Given the urgency of energy transition related projects, DFI direct lending to project and export finance deals has risen significantly in recent years – but it is still...
Given the urgency of energy transition related projects, DFI direct lending to project and export finance deals has risen significantly in recent years – but it is still...
With its mixed bag of offtake contracts that include a merchant element, the Aguas Pacifico project financing has pushed the envelope on structuring lender comforts for...
Brazil's new infrastructure law has been broadly welcomed by the project finance market. In addition to providing stimulus for a wider infrastructure investor base, the...
As the global shift towards sustainable energy accelerates, battery gigafactories are becoming increasingly crucial for the energy storage and electric vehicle project...
Project finance deal flow has skewed heavily in favour of high-income countries over the last two decades, and the gap between developed and emerging markets has grown...
There are confusing signals about what the role of BNDES will be under the new Lula administration. Will the bank continue to stimulate more private sector funding for...
The stand-out deals in the region gave borrowers room to grow, highlighted their social and environmental responsibility, and sold down strongly in difficult markets.
The recent ACEN ETM to retire the South Luzon coal-fired plant early attracted some controversy over its use of the ETM moniker. But the deal is more promising than was...
The Sao Paulo Linha 6/Laranja scheme is a pathfinder deal that exhibits BNDES’ new mantra on infrastructure investment, turns typical financing under a DFI umbrella on...
Brazil’s municipalities have made huge progress in procuring street lighting upgrades using PPP concessions. But project sponsors are only likely to need offshore capital...
Starwood’s financing for the retirement of its Logan and Chambers plants marks an end to coal-fired power in New Jersey. It points to a workable compromise between...
Brazil's privatisation programme has not delivered some of the headline successes promised – notably the sale of Eletrobras. But improvements have been made to the...
With banks lining up to finance Bid Window 5 projects, part of South Africa’s REIPPP programme, renewables has become the country’s leading project finance sector in an...
The $1.2 trillion US Infrastructure Bill still leaves a major chasm to bridge between government funding availability and demand. Two recent deals hint at where some of...
The recent Jazan IGCC financing involved a significant diversification of the normal Saudi project lending pool and some bespoke commercial arrangements for a fairly...
Conditions are starting to look promising for higher volumes across US project finance. In a roundtable sponsored by BNY Mellon, Proximo explores the new market dynamic...
Large institutional debt providers are increasingly driving deal structures in Latin American infrastructure – and as Costanera Sur recently demonstrated, the trend is...
Brazil is doubling its infrastructure concessions target to BRL200 billion next year. In an exclusive interview with Proximo, Brazilian Infrastructure Minister Tarcísio...
The EU is currently considering a financial framework for European multilateral and bilateral development banks – under the EFAD umbrella. But, as Paul Mudde, consultant...
Recent changes to risk perception, perceived debt and equity appetite for certain infrastructure asset sectors and the growing ESG movement look set to outlast the...
Proximo selects several key trends for the global project finance space in 2024 and considers some emergent trends that may shape the market in 2025.