Drilling Down – DelbaTen deepwater platform financings have been done in LatAm over the past two and a half years and there are more on the way from regional oil giants Petrobras and Pemex. As such, lenders and sponsors have much to gain by demonstrating creative thinking for these deals. Liquidity constraints and the fact […]
Category: 2008 Project & Infrastructure Finance Awards
Posted inMagazine
AWARDS: Infrastructure House
Steady Under Pressure: WestLBIn Europe, it has not been the best of years for WestLB, the German landesbank, whose writedowns, losses and bailouts have caused consecutive waves of negative headlines over the past several months. In LatAm, however, the investment bank managed to keep its global woes at a distance, capitalizing on an historical focus […]
Posted inMagazine
AWARDS: Best Power Deal
The Difficult Second Album – La YescaAfter scoring a coup with its El Cajón financing for ICA in 2004, WestLB followed with yet another innovative take on hydro financing. A facility structured and syndicated for the La Yesca power generation dam – located in the same river system as its predecessor – is the LatinFinance […]
Posted inMagazine
AWARDS: Best Infrastructure Deal/Best Transport Deal
Jumbo Anxiety – Farac A $3.7 billion financing is already a hefty proposal, even for global infrastructure. Since the beginning of 2006, only three other infrastructure-oriented loans around the globe were larger, according to Dealogic. Convert that to Mexican pesos and suddenly you are discussing a monster transaction mired in complexity. There was much fanfare […]
Posted inMagazine
AWARDS: Best Energy Deal
Big Deal, Challenging Market – Peru LNGThe Camisea gas fields represent a mountain of wealth for Peru and a chance for it to become self sufficient in hydrocarbon energy. It will also be a long-lasting source of power for Mexico, which is preparing infrastructure to receive the gas. The scale of the project alone raises […]