Greenfield

India’s GVK moves the $2.3bn greenfield development, initially approved in 2007, to the construction phase.

Chinese investments could help fund Africa’s much needed infrastructure, but high leverage will make African projects more exposed to any political risks from the country, Moody’s says.

The bank has created a financing facility, on a pilot five-year basis, that will help private concessionaries secure timely payments from the government.

The average bid prices for the projects to be built by 2025 are less than half this year’s feed-in tariff for offshore wind projects.

With the possibility of denuclearisation and the lifting of sanctions on the Korean peninsula, could the world’s most isolated country become the next emerging market for infrastructure?

Hajir Naghdy, chairman of Macquarie Capital Asia, tells Infrastructure Investor how his firm is tapping into the region’s renewables space, especially the offshore wind sector in North Asia.

The firm has a pipeline of over 2GW of Taiwanese offshore wind projects and is also active in other Asian offshore wind markets like Japan and Korea.

The Swiss fund manager will partner with local developer CWP Renewables in the project, which will combine wind, solar and energy storage assets.

The government has updated its legislation, increasing investors’ required equity participation from 15 to 20 percent of the cost minus the state’s contribution.

The Japanese investor considers the country more attractive than the ‘competitive’ European market.