PFI Legal Report 2025

A second round of nation-building projects in Canada will have the potential to reach the financing stage quickly. Some are already underway with their project finance efforts. By Alison Healey

Five LNG projects are in the market at different stages. They will cost at least US$42bn and will require massive project funding. By Minerva Lau

Europe is lagging behind the data centre explosion. There are various bottlenecks. By Cristiana Sandeva

It is quite something when a company overturns all the rules of the stock market in one day. Have the markets reached such a dizzy state that any changes are magnified in the share price – either up or down? Or is steady state transmission the new sexy investment?

The world is complex and so is project finance law. While global affairs have limped throughout 2025 project finance deals have boomed and lawyers have been busier than ever, especially in the Americas. Many have been jumping boat in North America and AI has started gaining more traction.

The brave new world ahead of us is being built today. That is bringing significant changes to what projects are financed and how deals are structured, says Carina Radford, White & Case partner and a member of the firm's global executive committee. By Cristiana Sandeva.