The People’s Republic’s expansion drive could boost the region’s economy but could also lead to a heavier sovereign debt burden and trade imbalances, Moody’s warns.
The Norwegian Export Credit Guarantee Agency is helping to secure the PPA for the 197.4MW wind farm bought by GRP II, the firm’s latest renewables fund, now more than 75% deployed.
Global Infrastructure Hub’s Chris Heathcote tells us emerging-market risk is ‘overblown’, as report finds $2trn investment need for 10 African countries.
The country’s insurance companies and banks make ‘successful’ $90m issuance, which will finance Energy Development Corporation’s capex programme.
The French banking group is attracted by the ‘very active’ US market, saying the potential move is not directly linked to President Trump’s focus on infrastructure.
The Swiss firm continues to ramp up its infrastructure operations in the country, adding transportation and midstream expertise to its Denver office.
The Grattan Institute finds a correction from the historic oversupply in Australia’s energy market will ensure high wholesale prices will remain for a long time.
The $1.5trn Japanese investor can now make direct investments into infrastructure, private equity and real estate funds.
More than a year after moving from public-sector green bank to private sector renewables financier, GIG is aiming to capitalise on the region’s renewables sector which is ‘poised for a prolonged period of growth’.
Platform Partners says the $1.9bn Macquarie Korea Infrastructure Fund’s levies have amounted to 32% of shareholder distributions since 2006.
The managing director of the Kuwaiti infrastructure manager brushed off renationalisation threats in the UK, saying it is ‘a country where rule of law exists’.
Interest rate rises are a chief concern for infrastructure investors. But the asset class is proving resilient throughout different economic cycles. If anything, as rates increase, so does interest from investors.
Ziad Hindo’s promotion and Jo Taylor assuming the new role of executive managing director for global development are the latest moves in a reshuffle at the Canadian pension this year.
The first fund of this type has invested mainly in BB and BBB- rated loans for projects in the US and Europe.
Panellists at the Belt and Road Summit in Hong Kong addressed the risks associated with China’s landmark initiative, sounding the alarm over opportunistic behaviour, unsustainable debt and ignoring ESG factors.