A8 reaches financial close
Hochtief and Strabag have reached financial close on the German A8 road upgrade PPP deal. Banks funding the €155m financing were financial adviser Unicredit, BBVA and the two development banks of Baveria and Baden-Wurtthemberg though which the A8 passes. The deal involves some heavy goods vehicle traffic risk under the A model style contract.
Top Stories
Longview makes amends
The Longview power project has suffered numerous setbacks and bad timing in terms of both coal and gas prices, but with some key amendments the project seems better equipped to avoid bankruptcy. By Alison Healey.
J-Power leads
J-Power is pushing on with its investments overseas despite the disasters at home. Its consortium has just been declared the preferred bidder for Indonesia’s largest IPP to-date and its Thai IPP is shaping up nicely. Minerva Lau reports.
Sponsors push German wind
Two differing structures have been put forward to fund the latest round of German wind farm projects – one more bank-friendly and one more sponsor-friendly. By Rod Morrison.
Reuters TV: Infrastructure problems hit Iraq's oil output
Infrastructure Problems Continue to Plague Iraq Oil Output
Reuters Correspondent Rania El Gamal reports from Basra that international oil companies are making headway in oil production but face a major obstacle: crumbling infrastructure.
PF MLA 2011 Q1
| # | Arranger | (US$m) |
| 1 | SBI Capital | 6,042.0 | |
| 2 | Bank of China | 4,573.6 | |
| 3 | Axis Bank | 3,215.0 | |
| 4 | IDBI Bank | 3,006.5 | |
| 5 | Mitsubishi UFJ | 1,772.5 | |
| 6 | Credit Agricole | 1,770.0 | |
| 7 | Sumitomo Mitsui | 1,536.5 | |
| 8 | Societe Generale | 1,434.1 | |
| 9 | Mizuho Financial Group | 1,189.6 | |
| 10 | HSBC Holdings | 1,185.6 | |
PFI Comment
EPs at a crossroads
The Equator Principles, governing environmental issues in project finance, have reached an important crossroads in their eight-year life. A new direction might be needed.
Features
Wheeling and dealing in Rio
Enthusiasm marked the recent Latin American infrastructure conference in Rio, in direct contrast to the same event in Houston two years ago. By Alan Gersten.
Transformation or bust
As a result of the turmoil of the past couple of years, some asset classes have fallen out of favour while others have become more popular. By Paolo Geurtsen and Steve Curry, Bishopsfield Capital Partners.
Current Issue
A subscription to PFIe.com is now more valuable than ever!Click here to request Trial Access to the service!