Menu Sectors

Power

  • May 2005

    Sempra buys out Reliant 27 May 2005

    Sempra Generation has bought Reliant Energy's 50% interest in the El Dorado project. El Dorado is a 480MW gas-fired, combined-cycle power plant located in Boulder City, Nevada. The total value of the sale is $132 million, but net of project debt and closing adjustments, Sempra is expected to pay Rel...

  • Calpine's Steamboat syndicates 19 May 2005

    Syndication on Calpine's $503 million financing for the Freeport and Mankato projects has been completed. The deal's lead arrangers are Calyon (lead arranger, co-bookrunner, and administrative agent), CoBank (lead arranger,co-bookrunner and co- syndication agent), HVB (lead arranger and co-syndi...

  • Finerge and SIFF close phase 1 of wind deal 19 May 2005

    Millennium BCP, Caixa Geral and Barclays have closed the first phase of a 2 phase joint wind development in Portugal for EDF subsidiary SIFF and Finerge (sold this week by Sacyr to Endesa for Eu166 million).

  • Alinta Pinjarra signed 13 May 2005

    Alinta Co-generation (Pinjarra) signed its A$121.5 million project financing with three banks on 4 May. Commonwealth Bank of Australia, WestLB and Westpac Banking Corp provided the funds equally on a club basis.

  • Calpine to refinance Metcalf 13 May 2005

    Calpine Corporation has announced plans to refinance its Metcalf merchant power project in California. Metcalf is currently the subject of a 3.5-year, $100 million non-recourse construction financing led by ING and Bayerische Landesbank. That deal closed in February 2005, and was hailed by Calpine a...

  • Elettra launches 13 May 2005

    BNP Paribas has begun syndicating the Eu120 million ($154 million) acquisition financing for the Elettra GLL portfolio. BNP closed a financing in late 2004 for the portfolio, but is now syndicating the financing on the back of new equity investment in the holding company. The project sponsors are Ox...

  • First taker on Keppel Merlimau in 13 May 2005

    The S$525 million dual tranche project financing for Keppel Merlimau has secured its first commitment in general syndication. Calyon, HSBC, ING Bank and Sumitomo Mitsui Banking Corp are leading the deal.

  • Calpine: liquid or lunch? 04 May 2005

    Calpine Corporation has been forced to deny market rumours  that it is facing a liquidity crisis, as well as the accusation from a bondholder that it might breach a debt covenant. however, Calpine has announced that it has $800 million in cash on hand, $500 million in unrestricted cash, and is not i...

  • InterGen buyers mandate 04 May 2005

    AIG Highstar and Ontario Teachers Pension Plan have approached Barclays Capital to run the acquisition financing for their purchase of InterGen. The two agreed to buy ten of InterGen's plants on 19 April, after an auction run by Citigroup. Excluded from the sale are InterGen's assets in the Unit...

  • Nam Theun 2 signed 04 May 2005

    The controversial Nam Theun 2 Power Co (NTPC) $1 billion project financing signed yesterday. Sponsored by EdF International, EGCO, Electricité du Laos and Italian-Thai Development, financing for the 25-year BOT concession has prompted strong criticism from NGOs – particularly given some of the arran...

  • Two buyers vie for MachGen 04 May 2005

    Two distressed asset players have emerged as lead bidders for the 3,722MW MachGen portfolio. MachGen is the new name for the PG&E NEG portfolio known as GenHoldings, which was transferred to its lenders in 2003. SG and Citigroup closed the portfolio's $2.075 billion project debt in december 2001...

  • CE Electric eases liquidity with bond refi 03 May 2005

    Two of the UK's regulated electricity utilities last week sealed a refinancing package, thereby obtaining a rating upgrade for themselves and parent company CE Electric UK Funding Co, itself a subsidiary of MidAmerican Energy Holdings and ultimately Berkshire Hathaway.

  • Banks to join Ratchaburi in June 02 May 2005

    Financing of the Ratchaburi power project in Thailand has reached the market, with financial adviser SMBC inviting lead arrangers to join the multi-currency deal.

  • Astoria: Tranched to go? 01 May 2005

    The Astoria power project, while one of the most unique financing challenges of the past several years, has rapidly become a bellweather of the state of the US power finance market. The deal's latest iteration, a refinancing led by Calyon, leaves several questions open, and has sparked some adve...

  • CBK: Mezzanine first for JBIC 01 May 2005

    The CBK project, first conceived in 1994 to pursue the development of the Caliraya-Botocan-Kalayaan power complex in Laguna, Philippines, continues to attract innovative financing. Just as the original project loan broke new ground with the scale of its political risk insurance, the latest twist...

  • Demand and supply 01 May 2005

    Indian gas price sensitivities are making investors wary of future LNG projects. But ironically, while project bankers look to financing gas pipelines as an alternative, they are spurning gas-fired power projects because of ongoing gas supply problems. By Dominic Jones

  • Nam Theun II: Dammed if you do... 01 May 2005

    Financing for the controversial Nam Theun II Power Co (NTPC) hydro project in Laos closed on 3 May – the first major hydro project to get World Bank backing in ten years and featuring a number of signatories to the sustainable lending pact, the Equator Principles.

  • Power 01 May 2005

    InterGen buyers mandate

Latest Deals Database updates

A7 Road PPP Update date 16/04/2014
Sector Transport > Availability road
Country Europe - EU > Germany
Total Debt Loan Amount
Status BAFO
Hog-Jaeren Wind Farm Update date 16/04/2014
Sector Renewables > Onshore wind
Country Europe - Non EU > Norway
Total Debt Loan Amount $m94.95
Status Financial close
Belmarsh West Prison PFI Update date 16/04/2014
Sector Social Infrastructure/PPP/P3/PFI > Prisons
Country Europe - EU > UK
Total Debt Loan Amount $m199.09
Status Signed
Change font size: Switch to default font size Switch to medium font size Switch to large font size