Legal/Regshttp://www.projectfinancemagazine.com/RSS.aspx?FeedID=1221©2013 Project Finance Magazine60Legal/RegsFlorida expands PPP programmeThe Florida legislature has expanded the scope of the state’s PPP programme to include transit, social and wastewater projectshttp://www.projectfinancemagazine.com/Article/3208613/Florida-expands-PPP-programme.htmlTue, 21 May 2013 15:24:29 GMTIMF Australia backs class action over BrisConnectionsIMF Australia is backing a A$450 million ($440 million) class action on behalf of investors who bought shares in the BrisConnections public offering in 2008http://www.projectfinancemagazine.com/Article/3208567/IMF-Australia-backs-class-action-over-BrisConnections.htmlTue, 21 May 2013 14:44:44 GMTThird equator principles framework agreedThe Equator Principles Association has agreed an update to its environmental guidelines for project finance developments, seven years after its last amendment.http://www.projectfinancemagazine.com/Article/3206518/Third-equator-principles-framework-agreed.htmlThu, 16 May 2013 11:02:54 GMTPanama's unorthodox infrastructure finance modelPanama has managed a major infrastructure investment programme from a small fiscal base through creative non-budgetary strategies. By Diego Ferrer, Grupo Verdeazul, and Mark Stumpf, Arnold & Porter.http://www.projectfinancemagazine.com/Article/3205514/Panamas-unorthodox-infrastructure-finance-model.htmlTue, 14 May 2013 00:00:00 GMTMidtown Tunnels ruling sparks termination scrutinyA Virginia circuit court judge has ruled that the project company for the Midtown Tunnel concession cannot levy tolls on users, throwing the concession, and Virginia's PPP programme into doubt.http://www.projectfinancemagazine.com/Article/3204002/Midtown-Tunnels-ruling-sparks-termination-scrutiny.htmlFri, 10 May 2013 10:49:26 GMTSNC Lavalin plans concession equity salesSNC Lavalin plans on selling more of its equity interests in infrastructure concessions, to focus primarily on its construction activities. http://www.projectfinancemagazine.com/Article/3203952/SNC-Lavalin-plans-concession-equity-sales.htmlFri, 10 May 2013 09:39:11 GMTStructural obstacles remain with Myanmar's emergenceRegional interest in newly-rehabilitated Myanmar is intense, especially from potential advisers. Despite recent reforms, government will need to overcome decades of turmoil and underinvestment. By Antony Collinshttp://www.projectfinancemagazine.com/Article/3204078/Structural-obstacles-remain-with-Myanmars-emergence.htmlFri, 10 May 2013 00:00:00 GMTCan Turkey's new law clear PPP congestion?Legal challenges have been one factor in the delays to Turkey’s health PPP programme. A new law is designed to ease the congestion. By Mehtap Yıldırım Öztürk, Çağdaş Evrim Ergün and Nigar Gökmen, Çakmak Avukatlık Bürosu.http://www.projectfinancemagazine.com/Article/3203304/Can-Turkeys-new-law-clear-PPP-congestion.htmlThu, 09 May 2013 00:00:00 GMTEgypt's painfully slow PPP recoveryAn influx of foreign project debt and equity would help reverse Egypt’s downward economic spiral. But political infighting and constrained local debt markets mean that Egypt’s project finance market is going nowhere fast. By Emma Lindsay.http://www.projectfinancemagazine.com/Article/3202772/Egypts-painfully-slow-PPP-recovery.htmlWed, 08 May 2013 00:00:00 GMT3rd Annual Infrastructure West Finance Forum, 9 July, Santa Monicahttp://www.projectfinancemagazine.com/Article/3201120/3rd-Annual-Infrastructure-West-Finance-Forum-9-July-Santa-Monica.htmlFri, 03 May 2013 00:00:00 GMT7th Annual Western Canadian Infrastructure Finance Forum, 11 July, Whistler, BChttp://www.projectfinancemagazine.com/Article/3201132/7th-Annual-Western-Canadian-Infrastructure-Finance-Forum-11-July-Whistler-BC.htmlFri, 03 May 2013 00:00:00 GMT8th Annual Mexican Energy & Infrastructure Finance Forum, 25-26 June, Mexico Cityhttp://www.projectfinancemagazine.com/Article/3201119/8th-Annual-Mexican-Energy-and-Infrastructure-Finance-Forum-25-26-June-Mexico-City.htmlFri, 03 May 2013 00:00:00 GMTCape Wind's US offshore finance debutThe Cape Wind offshore project comes to market 12 years after its announcement, and seven years after the first offshore wind project financing. Can it close in a shorter timeframe? Brian Eckhouse reports.http://www.projectfinancemagazine.com/Article/3201015/Cape-Winds-US-offshore-finance-debut.htmlFri, 03 May 2013 00:00:00 GMTBrazilian wind faces winner's curseBrazil’s hydro and biomass sectors are wilting before the onslaught of wind capacity additions. So why are wind developers not happy? John Rumsey reports from São Paulo.http://www.projectfinancemagazine.com/Article/3194100/Brazilian-wind-faces-winners-curse.htmlFri, 19 Apr 2013 00:00:00 GMT3rd Annual Project Finance Colombian Energy and Infrastructure Finance Forum, 11 June, Bogotahttp://www.projectfinancemagazine.com/Article/3193307/3rd-Annual-Project-Finance-Colombian-Energy-and-Infrastructure-Finance-Forum-11-June-Bogota.htmlThu, 18 Apr 2013 00:00:00 GMTThe UK's Green Investment Bank takes flightThe UK Green Investment Bank closed its first project financings at the end of 2012. What does the new state-owned lender want to achieve and where will it sit in the renewable energy market? By Antony Collins.http://www.projectfinancemagazine.com/Article/3177217/The-UKs-Green-Investment-Bank-takes-flight.htmlMon, 25 Mar 2013 00:00:00 GMTA big-ticket breakthrough for Thai power's foreign banks?Thai banks are writing big tickets to support portfolios of smaller power projects and renewables, with international lenders confined to large CCGTs. But both sets of lenders still have firm limits to their risk tolerances. By Jessica King.http://www.projectfinancemagazine.com/Article/3171520/A-big-ticket-breakthrough-for-Thai-powers-foreign-banks.htmlFri, 15 Mar 2013 00:00:00 GMTAre VPPs better financing structures than RBLs?Volumetric production payments can offer substantial financial and tax benefits to issuers and investors compared to alternatives like RBLs. By Elizabeth McGinley, partner, and G Alan Rafte, partner, Bracewell & Giuliani.http://www.projectfinancemagazine.com/Article/3165489/Are-VPPs-better-financing-structures-than-RBLs.htmlThu, 07 Mar 2013 00:00:00 GMTLawsuits against Pattern’s Ocotillo dismissedA US federal district court has dismissed two lawsuits against Pattern Energy’s 265MW Ocotillo wind farm in Southern Californiahttp://www.projectfinancemagazine.com/Article/3164077/Lawsuits-against-Patterns-Ocotillo-dismissed.htmlTue, 05 Mar 2013 10:12:51 GMTRoundtable: US wind looks beyond the PTCThe US wind market is enduring another bout of uncertainty. With tax equity appetite stagnating and uncertainty over future subsidies, how healthy will the pipeline be? Brian Eckhouse canvasses some market leaders.http://www.projectfinancemagazine.com/Article/3162016/Roundtable-US-wind-looks-beyond-the-PTC.htmlThu, 28 Feb 2013 00:00:00 GMTWill ratings upgrades lower Turkish debt pricing?Fitch has promoted Turkey to investment grade, and Moody’s is set to follow. So will Turkey’s vast project pipeline benefit from a debt pricing cut in 2013? By Emma Lindsay.http://www.projectfinancemagazine.com/Article/3160371/Will-ratings-upgrades-lower-Turkish-debt-pricing.htmlMon, 25 Feb 2013 00:00:00 GMTWhat sponsors and lenders need to know about PF2The UK’s PF2 programme guidance came out shortly before the end of 2012. Cameron Smith, partner at Ashurst, looks at what it means for UK sponsors and lenders. http://www.projectfinancemagazine.com/Article/3155696/What-sponsors-and-lenders-need-to-know-about-PF2.htmlThu, 14 Feb 2013 00:00:00 GMTDelays for Aquila and Whitehaven mine financingsAustralia's federal Department of Sustainability, Environment, Water, Population and Communities has extended its consideration period for Whitehaven Coal's Maules Creek project http://www.projectfinancemagazine.com/Article/3154354/Delays-for-Aquila-and-Whitehaven-mine-financings.htmlTue, 12 Feb 2013 09:51:06 GMTIndian PPP: Permitting, projections and project bondsGMR is close to market with a landmark bond financing – and is walking away from a flagship road concession. India’s mixed PPP fortunes continue. By Sarah Rundell.http://www.projectfinancemagazine.com/Article/3154651/Indian-PPP-Permitting-projections-and-project-bonds.htmlTue, 12 Feb 2013 00:00:00 GMT4th Annual Canadian Power Finance Conference - Audience Response Datahttp://www.projectfinancemagazine.com/Article/3154291/4th-Annual-Canadian-Power-Finance-Conference-Audience-Response-Data.htmlMon, 11 Feb 2013 00:00:00 GMTDutch PPP Roundtable:Unlocking institutional enthusiasmSponsors outside the Netherlands are envious glances at the upcoming project pipeline and international lenders want to build market share. But is there enough appetite to finance upcoming concessions? Thomas Blott gathers public and private players in Amsterdam.http://www.projectfinancemagazine.com/Article/3153923/Dutch-PPP-RoundtableUnlocking-institutional-enthusiasm.htmlMon, 11 Feb 2013 00:00:00 GMTSouth Africa's REIPP set for expansionThe South African government has suggested that it may add a further 3,500MW to its renewable energy independent power producer http://www.projectfinancemagazine.com/Article/3147785/South-Africas-REIPP-set-for-expansion.htmlTue, 29 Jan 2013 13:05:39 GMTGMR walks away from Kishangarh-Udaipur-Ahmedabad GMR Infrastructure has terminated its concession for the 555km Kishangarh-Udaipur-Ahmedabad toll road PPP.http://www.projectfinancemagazine.com/Article/3147430/GMR-walks-away-from-Kishangarh-Udaipur-Ahmedabad.htmlMon, 28 Jan 2013 18:17:54 GMTOstregion margin increase hits MRGThe increase in margin on the debt for the Ostregion shadow toll road financing has allowed the Austrian government to refuse a claimhttp://www.projectfinancemagazine.com/Article/3147195/Ostregion-margin-increase-hits-MRG.htmlMon, 28 Jan 2013 12:27:24 GMTDominion wins Cove Point LNG export approvalA Maryland judge has approved Dominion's plans to build liquefaction facilities at its Cove Point facilityhttp://www.projectfinancemagazine.com/Article/3139489/Dominion-wins-Cove-Point-LNG-export-approval.htmlThu, 10 Jan 2013 00:00:00 GMT