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May 2002
Has the collapse of the Narva Power privatization turned off
the Estonian deal trickle? EU accession plans, arguesNatasha Calvert,
make this unlikely.
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The £257 million loan backing Conoco's Immingham combined heat and power (CHP) project launched to syndication at the end of February ? despite the challenges of a severely depressed UK power market. The deal, lead arranged by Royal Bank of Scotland, is the first new independent power project (IPP) ...
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Hungarian power privatization and on-going liberalisation have attracted major players such as Eon, Tractebel, Electricite de France and AES into the sector. But is the government commitment clearly defined and should sponsors beware? By Mary Watkins
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FPL loan stalls
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Progress Energy, through its Progress Ventures affiliate, closed a $440 million portfolio deal on 21 March. The deal is the first time that Progress has encountered the syndicated project finance and the experience has been ? to say the least ? educational. The transaction is also the first big-tick...
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Spain's deregulated power market still favours incumbent generators and suppliers. Can two new IPP financings change this?
Natasha Calvert reports.