Portland appointed adviser to US Ex-Im Bank on major refinery expansion project
Portland has won a second major financial advisory mandate this year from US Ex-Im Bank. It is advising in relation to the $4.6 billion expansion and upgrade project being undertaken by Refineria de Cartagena S.A. (Reficar), a subsidiary of Ecopetrol S.A., Colombia’s national oil company. The project will see the refinery’s capacity increase from 80,000 […]
US Ex-Im Bank board approves Sasan Power
US Ex-Im Bank has announced that its Board of Directors has approved an export finance guarantee of US$ 917 million as part of the debt financing for the $4.6 billion Sasan Ultra Mega Power Project in India. Portland Advisers is acting as financial adviser to US Ex-Im Bank. Click here for the official press release […]
GDF SUEZ closes financing for Barka 3 and Sohar 2 Independent Power Projects
On 16th September 2010 a consortium led by GDF Suez SA and advised by Portland Advisers completed a $1.3bn long term debt financing for two independent power projects in Oman. The projects are greenfield natural gas-fired power plants with capacity of 744 MW each. . Total investment cost will be around $1.7bn for both projects. […]
Portland wins first mandate to advise US Ex-Im Bank
Portland Advisers has been appointed as financial adviser to the US Export-Import Bank in connection with its support for the financing of the 4,000 MW US$ 4.7bn Sasan Ultra Mega Power Project in Madhya Pradesh, India being sponsored by Reliance Power Limited. Sasan UMPP is an integrated power and coal-mining project covering the open-cast mining […]
Portland leads thinking on financing “Broadband for All”
Continuing to demonstrate that Portland Advisers is at the forefront of financing innovation, even in these difficult economic times, Jacek Krauze, from our Telecoms team, recently had his article on Broadband Intervention published in the leading telecom sector journal, “Telecom Finance”. It can be found in the printed edition of the January 2010 issue, however we are pleased to […]
Portland advises DADRE
Portland Advisers has been mandated by Kuwati investment company, Dar Al Dhabi Real Estate Co. KSCC, to undertake the financial modelling for the financing of the Dar Al-Dhabi Project including the iconic landmark development, ‘The Wings’, on Al Reem Island, Abu Dhabi. The Wings, a mixed use real estate project, was recently awarded at the […]
Flitterman chairs EU broadband conference
On 26th and 27th October 2009 in Berlin, the European Academy for Taxes, Economics & Law sponsored a prestigious event on “How to Finance Broadband Infrastructure”, with Portland’s Head of Telecoms, Nick Flitterman, chairing the first day of proceedings. Participants included the great and the good from three EC Directorates, from national and regional communications ministries and […]
Portland “Thought Leadership” highlighted in PFI Magazine
Demonstrating the continued thought leadership of Portland Advisers, Geoff Knox, our Head of Energy, recently had his article on Hydro Power published in the leading Project Finance journal, “Project Finance International”. It can be found in the printed edition of the August 2009 issue, however we are pleased to provide it through the link below. Geoff […]
Portland assists Princess Yachts
Following its sale in 2008 to L Capital 2 FCPR (an investment group sponsored by LVMH – Moët Hennessy Louis Vuitton and Groupe Arnault), Princess Yachts International plc engaged Portland Advisers to build a full financial and operational model. Integrated with the Management’s information systems, the model provides automated up-to-date sales, costing and financial information. […]
Portland presence at Pagnanelli Space conference
The world-renowned Pagnanelli space insurance conference was held this year on the Lido in Venice on 2nd and 3rd April 2009. Attended by the great and the good of the satellite industry, from operators to suppliers, insurers to governments, the participants took the opportunity to share experiences and expertise during this the 30th anniversaryal of the event. Nick […]