Scatec lands solar PF

Donald Trump signed an executive order pushing data centre infrastructure development. The move comes after an event in Pennsylvania where US$100bn was pledged. By Nic Stone

The Aboitiz-led Thunder consortium doubled competing bids to keep the 797MW CBK hydro concession. Despite its Japanese sponsors and cost increase, project financing seems bound for local banks. By Minerva Lau

Italy’s biomethane developers are speeding up subsidised project construction to lock in an EU capex refund. Meanwhile, FemoGas closed on a rare deal backed by a corporate offtake. By Cristiana Sandeva

Receiving revenues during construction is a definitive positive from a credit perspective and indeed an equity perspective. There is, of course, a cost to providing this sort of support. As projects get bigger and more complex, there is a risk the obligations during construction could be stretched too far.

From hyperscale data centres in the Gulf to hydro-powered mining in Ethiopia, digital potential in the Middle East and Africa is no longer on the periphery of global finance – it's taking centre stage. By Sebastien Bonneau, partner, and Shah Jahan Khandokar, partner, McDermott Will & Emery UK LLP.

Growth in the global project finance market continued apace in the second quarter following on from a strong first quarter. The result is an impressive first half in the loan tables with project bonds coming in on par with the 2024 figure. The US market was again a mainstay of activity accounting for nearly half of the global loans total and nearly two-thirds of global bonds.