Portland Wins PFI Award
Portland Wins PFI Award The $4.6 billion debt financing for the Coral South FLNG project, where Portland acted as ECA Advisor to the export credit agencies, has been awarded “2017 Middle East & Africa Oil & Gas Deal of the Year” by Project Finance International. Portland advised Bank of China, China Development Bank, China Eximbank, […]
Coral South FLNG Closes
Coral South FLNG Closes Financial close on the landmark $4.6 billion debt financing for the Coral South FLN project reached financial close yesterday. Portland acted as ECA Advisor to Bank of China, China Eximbank, ICBC, KEXIM, KSURE, SACE and BPI (COFACE). The project is an gas production and liquefaction development based on a floating LNG […]
Portland & OCTP in the press
Click on the link below for the PFI 2017 Global Energy Report article summarising the OCTP transaction for which Portland Advisers acted as Financial Advisor to UKEF. OCTP Transaction Summary – PFI 2017 Global Energy Report For further information contact Geoff Knox on +44 20 7183 8387 or geoff.knox@portlandadvisers.com
Portland Supports Dolma Himalayan Climate Fund
Portland Supports Dolma Himalayan Climate Fund Portland has been retained to assist Dolma Himalayan Climate Fund (DHCF) with respect to financial modelling of solar and hydro-electric power plants. Supported by the Department for International Development (DFID), part of the UK government, DHCF has been structured to attract funding from institutional investors for the development of […]
Portland Wins PFI Award
Portland Wins PFI Award The $1.4 billion financing for the Offshore Cape Three Points project, where Portland acted as Financial Advisor to UK Export Finance, has been awarded “2016 African Oil & Gas Deal of the Year” by Project Finance International. The picture shows the UKEF and Portland team at the Awards Dinner at which […]
Portland Ranked Top Financial Advisor in 2016
Portland Top of the Charts The league tables are out, and Portland Advisers has been confirmed by Infrastructure Journal as no.1 Financial Advisor by value in 2016 following a very successful year. This follows the closure of transactions such as OCTP, and confirms Portland’s well established position as a leading Financial Advisor in the key […]
Offshore Cape Three Points (OCTP) Closes
Offshore Cape Three Points (OCTP) Closes Loan signing on the $1.35 billion limited-recourse debt financing for Vitol’s working interest in the Offshore Cape Three Points/Sankofa oil and gas project in Ghana, West Africa took place today. The financing has a hybrid structure combining Reserve Based Lending (RBL) and Project Finance features. Debt facilities were provided […]
US Ex-Im Bank board approves Indian Solar PV project
US Ex-Im Bank has announced that its Board of Directors has approved an export finance loan of US$ 9 million as part of the debt financing for a 11.6 MW solar PV project in Rajasthan, India sponsored by KSK Energy Ventures, an Indian power developer. Debt is being co-financed by IDBI Bank Ltd. Portland Advisers […]
Portland Thought Leadership in Nuclear Power financing
David Stearns, who leads Portland’s nuclear power practice, recently published a thought piece in Nuclear Intelligence Weekly, offering perspectives on nuclear power as an asset class and the outlook for attracting low-cost capital for new-build projects. A copy of the article can be found by clicking here. For further information, contact David at david.stearns@portlandadvisers.com or on […]
GAP gets DFID “Green Light”
In November 2012, the Green Africa Power (“GAP”) initiative received approval from the Department For International Development (“DFID”) for the UK’s proposed contribution to GAP, a new company to be established under the Private Infrastructure Development Group (“PIDG”) Trust. A substantial amount of funds have been dedicated to help capitalise GAP which will support the […]