Chase Collum
Following a shift in criteria for availability payment-based project financing, a handful of schemes have seen their ratings boosted.
The US transportation privatisation market got off on a gravelly footing. But as early P3 assets mature and long-term investors step in, the market could be ripe for a change of pace and perception, argues Chase Collum
The Fixing America’s Surface Transportation Act became law mere hours before the December 4 expiry of existing authorisation.
The investment is Tenaska’s first into a portfolio-level vehicle with Soltage and its second investment into the developer since March.
The buyout firm says La Bufa could represent its first of many Mexican wind partnerships with Cannon Power spinoff MPG.
Prime Minister Justin Trudeau touted himself as a P3 proponent prior to taking office but the latest news from his administration may suggest otherwise.
The US state's Department of Transportation is due to move ahead with RFQs on the projects in spring 2016.
The cash-strapped nation has successfully auctioned 30-year concessions for 29 hydroelectric plants.
A plan born out of opposition to the Water Fix could require revenue bonds for projects larger than $2 billion to achieve public approval.
Mandy Bush has been named as interim replacement for Eric Kalamaras, who is to leave at the end of the year.