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Since 2006 NGE has worked to establish one of the biggest concession businesses in France outside the big three sponsors. But deal flow in France is beginning to slow. By Thomas Blott.
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BAM’s PPP focus has been on highly-rated western European markets, though deal-flow is weak in several of them. Thomas Blott asks Richard Fielder, its chief executive, whether its balance is right.
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GE EFS built its reputation on providing lease equity, tax equity, and as a lender of last resort. As it emerges from the lows of 2008, straight debt and equity is the order of the day. Edward Russell talks to Alex Urquhart, chief executive of GE EFS.
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John Laing’s bread and butter has been in the UK social infrastructure and transport sectors, but it is now looking abroad much more intensively. Gary Lucas, director for international business development, talks to Catherine McGuirk
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Middle East Sponsor of the Year 2011
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Transurban dodged the credit crunch more deftly than most of its peers. Will its new, so far indistinct, strategy keep it safe? Catherine McGuirk reports on how the toll-road operator is weathering the financial storm.
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ICA has capped financial recovery with a slew of Mexican road concessions, including FARAC. But its new deals will test bank appetite, and ICA's shareholders, to the limit. Catherine McGuirk talks capacity and creativity with Gabriel de la Concha, director of investment and financing at ICA.
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Mitsubishi wants to scoop up IPP assets in Mexico and the US, and it looks like their timing is good. Dominic Jones talks to Yu Saito, general manager of the Power Generation and marketing, International, unit at Mitsubishi Corporation.
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CSX World Terminals is a rarity among port developers ?
a sophisticated user of project debt. Ron Sforza, Senior Vice President and Chief Financial Officer, CSXWT, and Mathew Leech, Global Business Development Manager talk financing strategy with Gavin Van Marle.
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Russian gas company with incredible reserve base would like to meet joint-venture partners for possible very long-term relationships. Market access, or at least downstream bargaining chips, highly desirable; time-wasters seeking to offtake production themselves need not apply. By Simon Pirani.
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Trim, refocused, and ready for growth,
Edison is pouring its energies back into the Italian power market. Project Finance talks to Paolo Gallo, COO of Edipower and formerly Edison's VP for strategy, to find out how.
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Petrobras has around $2 billion in financings set to go before the middle of 2003. But power deals are unlikely to be among them. Tom Nelthorpe talks to Pedro Augusto Bonesio, Petrobras' executive manager for project finance.
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Anadarko views well-structured project finance solutions as a viable funding alternative for some global oil and natural gas development projects.
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In six years Macquarie Infrastructure Group (MIG) has grown into the world's third largest private toll road operator, and a nice earner for investors. Rosie Irving asks managing director Anthony Kahn where the acquisitive operator will strike next.
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UK water group AWG (formerly Anglian Water Group) has attracted
more than its fair share of attention from the finance community
over the last year. The reason for this is not hard to fathom: in
November last year the firm announced a radical restructuring of
its operations which has involved sp...
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Bilfinger Berger wants to make deals sprout in the UK and Australia. Elsewhere the ground is a little stonier. Michael Marray talks to Gerhard Becher, managing director of Bilfinger Berger BOT.
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Amey Ventures has one of the most diverse project portfolios in the PFI market. But will the London Underground PPP be a deal too far? Louise Bowman talks investment strategy with managing director Dougie Sutherland.
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Hochtief has been one of the early players in global PPP deals. Michael Marray asks Bernward Kulle, head of infrastructure, and Ansgar Bendiek, head of structured finance, whether this experience will pay off in the evolving German market.
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High NRG
01 November 2001
2001 has been a year characterised by increased lender caution,
rising fees and continued nervousness about deregulation. This was
the backdrop to the ambitious launch of a $2.5 billion construction
revolving credit, lead arranged by Credit Suisse First Boston, to
an already wary market. The dea...
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The key to International Power's spending spree is spread of risk.
Louise Bowman talks risk mitigation and funding plans with
Peter Barlow, finance director at IPR.
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ABB has restructured to meet changing customer needs.
But with rapid growth in financial services ? is this a generator getting into banking? By Michael Marray
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UK water companies are in trouble. And, in their view, this is trouble of the regulator's making. Louise Bowman talks to Ken Hill, director of finance at the Pennon Group, South West Water's owner, about how he plans to fund capital investment against a backdrop of OFWAT imposed price cuts.
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Who says that utility and generating arms can't get along? PSEG has restructured, but is taking the deregulation challenge one step at a time says Robert Busch, president, PSEG Energy Services
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Orion is doing what it was made for ? capitalizing on a deregulating industry through unprecedented growth despite Californian fall-out. Scott Helm. CFO, Orion Power Holdings' talks continued
expansion plans with Taimur Ahmad.
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Having closed the $2bn Blue Stream, Gazprom is already looking to finance new gas and oil projects. But despite unlimited limited recourse potential, Gazprom could soon face commercial challenges it has never experienced before.
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AES' decentralized structure has bred unprecedented profits ?
even in high risk markets. Why does AES go right where others go wrong? Taimur Ahmad talks strategy with AES CFO Barry Sharp and AES Enterprise President John Ruggirello.
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While others suffer Californian angst, Enron is sitting pretty
according to Steven Kean, vice-president.
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Strong relationships, strong balance sheet, Duke Energy is confident it can take on Californian problems. By Jim Smith
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The backdrop is investor uncertainty. The region is Latin America.
The sector is power. But despite the well-documented gap between
theory (that vast surges in demand will spell a flurry of
groundbreaking deals) and practice (that, this year, Latin power
projects have been shuffling awkwardly to...