Iberdrola plans US wind
Iberdrola Renewables has filed a permit application with the North Carolina Utilities Commission for the development of a wind power project in Pasquotank and Perquimans counties. Construction on the 300MW Desert Wind project is expected to start later this year. The project would be Iberdrola’s first in the US.
Top Stories
That Sino feeling
While a giant red flag with five yellow stars didn’t hang from the rafters, the shadow of China hung over the CG/LA infrastructure forum in Manhattan. The bankers, developers and other business people were all talking about China’s growing presence in Latin America. By Alan Gersten.
An Uch boost
Development banks are taking the lead role in the financing of Pakistan’s latest power plant, the 375MW Uch II plant owned by International Power. It is the first gas-fired IPP under the new power policy of Pakistan. By Minerva Lau.
UK waste pushes on
The UK private finance initiative (PFI) sector still remains active despite the comprehensive spending review (CSR) last October, which cut PFI credits from seven schemes. By Rod Morrison.
Reuters TV: Asian wind energy demand rising
DAVOS 2011: Asian demand for wind energy rising
Ditlev Engel, the chief executive of Vestas Wind Systems, says the demand for wind energy is growing in emerging markets such as India and China and its new WindMade initiative will help.
PF MLA 2010
| # | Arranger | (US$m) |
| 1 | SBI Capital | 21,136.9 | |
| 2 | Bank of Taiwan | 12,005.1 | |
| 3 | IDBI Bank | 11,091.4 | |
| 4 | Axis Bank | 8,512.2 | |
| 5 | BNP Paribas | 8,338.5 | |
| 6 | Credit Agricole | 7,614.5 | |
| 7 | IDFC | 7,371.1 | |
| 8 | Mitsubishi UFJ | 6,000.5 | |
| 9 | Societe Generale | 5,487.4 | |
| 10 | SMBC | 4,589.7 | |
PFI Comment
High-yield to the rescue
The wall of infraco refinancings from the credit boom era is starting to become due. Times have changed and so have terms – for debt and equity.
Features
Unique structure for Falcon
In order to make a US$750m deal involving five separate power plants work, the organisers developed a novel strategy. They would put each power plant in a silo. By Alan Gersten.
Thais mine Hongsa deal
The Hongsa mine-mouth power deal was the largest yet for Thai lenders. By Karen Wong, Mark Plenderleith, Jeff Rector and David Kirchblum, Milbank Tweed.
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