O3b Networks reaches Financial Close
On 29th November 2010, O3b Networks, advised by Portland Advisers and HSBC, achieved Financial Close on a $1.2bn financing for its first 8 satellite…
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 […]
Portland advising Government of Bangladesh on its IPP programme
Portland Advisers has been appointed as financial advisor to Power Cell, Government of Bangladesh, to assist with the tendering and award of independent power projects…
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 $1.7bn for both projects. […]
Portland expertise on financing new projects highlighted
On 8th September, Nick Flitterman, one of Portland’s founding partners and its Head of Telecoms, participated on a conference panel at Euroconsult’s World Satellite Business Week…
Portland wins first mandate to advise US Ex-Im Bank
Portland Advisers has been appointed as financial adviser to the US Export-Import Bank in connection with its support for the financing of the 4,000 MW US$ 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 […]