Greenfield

It took 43 years for sponsors to take the Umbulan scheme through its early development stage, a milestone now achieved despite recent legislation deemed adverse to PPPs by insiders.

In addition to mega-privatisations, Australia counts a solid pipeline of large-scale, complex PPP projects. Notwithstanding wobbles on the political front, transport and healthcare are set to benefit in 2017.

The $325m Silverton project will be the first greenfield asset backed by the Powering Australian Renewables Fund, through which the partners aim to deploy up to A$3bn.

A local utility and two international developers have their eyes set on wind and solar projects in Changhua, the latest investors to be scouting the island for large-scale renewables deals.

The UK development financier is joining forces with the IFC and Clifford Capital to plug $371m into a Bangladeshi power plant.

The Beijing-based multilateral has so far granted $1.13bn of loans since inception, nearly achieving its $1.2bn financing target for 2016.

In a vote of confidence for the renewables market Down Under, the firm's A$1.2bn energy trust has increased its clean generation portfolio to 350MW.

Singapore-based Nexif Energy is acquiring a portfolio of projects from OneWind, another Denham-backed company.

The projects had reportedly attracted 16 prospective contenders in the process’ early stages but only two teams submitted a final offer.

Minority shareholders in Dubai’s $3.4bn Hassyan project include ACWA Power, China’s Harbin Electric and the Silk Road Fund.