Project Finance International

| UK offshore winners 8 January, 2010
The UK has announced the winners of the 30GW round 3 offshore wind licencing round. Many were already known from the rumour mill since September (PFI issue 418) and are now confirmed. SSE/RWE has won the biggest site, the 9W Dogger Bank site, while SP/Vattenfall has won the best site, the 7.2GW Norfolk Bank. Centrica has won 4.2GW in the Irish Sea and Mainstream has won 4GW off Hornsea. EdP, Sea Energy and RWE are the other winners.
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Asia Pacific

Telenor takes Indian circles 16 December, 2009
Telenor of Norway is the latest foreign telco getting a foothold in India. It has joined Unitech in the rollout of telecom wireless services with a recently completed Rs50bn (US$1.07bn) funding for Phase 1. Minerva Lau writes.

ROSCOs get rolling 16 December, 2009
The UK train rolling stock leasing company (ROSCO) sector is expected to jump back to life in a capital markets sense in 2010. By Rod Morrison.

UTC buys 49% of Clipper 16 December, 2009
United Technologies Corporation (UTC) has agreed to purchase just under 50% of Clipper Windpower for £126.5m in stock. The two-phase subscription is to be concluded in January 2010. The move will significantly strengthen Clipper's balance sheet and support efforts to become a first tier turbine supplier.

Jump-starting the market 16 December, 2009
What role are multilaterals, export credit agencies and development financiers playing in re-energising the project finance market in the face of commercial bank caution? By Alan Gersten and Mark Kolmar.
Odebrecht goes emerging 1 December, 2009
Odebrecht brews a strong financial mixture – building hydroelectric projects in Brazil, universities in Africa, levees in the US, bidding on Colombian highways or developing a Venezuelan refinery and hydrocarbons. How did this company become Latin America’s biggest contractor, and how much bigger can it become? By Alan Gersten.