As the first renewable energy project to be developed under a new renewable energy law (13-09) in Morocco, the Khalladi Wind IPP was a landmark deal that is helping ACWA Power solidify its position in the region’s energy sector and help the country hit its ambitious renewable energy goals.
3 Apr 2016
Moody’s decision to lower Mexico’s credit outlook is linked to the performance of the state oil company. Any support given to Pemex by the sovereign could impact its current fiscal targets, which could contribute to a downgrade. However, as one of the best performers in emerging markets, it is unlikely that a downgrade would strongly affect foreign appetite for Mexican debt.
1 Apr 2016
Mexican state-owned development bank Nacional Financiera S.N.C (Nafin) overcame some tough conditions in emerging markets to successfully price and issue the country’s first certified US$500mn Green Bond, paving the way for future issuances in the country.
1 Apr 2016
Azura Edo is Nigeria’s first true project-financed independent power plant (IPP) and the first project of its kind in over 20 years, leading to the development of a template that will help open the market to future deals of its kind.
15 Mar 2016