PortlandPortland

By Nick Flitterman

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 is acting as financial adviser to US Ex-Im Bank.

The solar panels for the project have been procured from Miasolé, a pioneer in the development of copper indium gallium selenide (CIGS) thin-film PV solar panels which are among the highest-efficiency and lowest-cost solar panels.

Click here for the official press release from US Ex-Im Bank.

For further information contact geoff.knox@portlandadvisers.com

 

 

By Nick Flitterman

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 +44 20 7183 9764.

 

Portland

By Nick Flitterman

Portland wins Green Africa Power advisory mandate with PIDG Trust

Portland Advisers, as part of the Trinity Consortium also including Trinity International LLP, a law firm with a specialised focus on Africa, and Evolution Markets, a carbon broker  and transaction structuring firm, has won the advisory mandate to progress the development of PIDG’s Green Africa Power (“GAP”) initiative.  Each of the three members of the consortium brings together directly relevant experience in relation to the GAP concept and in developing a comprehensive business model for GAP respectively.

GAP’s overriding purpose is to facilitate the development of renewable power generation capacity on a broad scale in sub-Saharan Africa, one of the most power starved regions in the world, and, in doing so, providing a platform for further socio-economic development. Using funds from donor nations, GAP intends to apply a variety of support instruments  that are being designed to directly address the typical weaknesses and restrictions that cause projects in these regions to stall before financial close.

For further information please contact either Klaus Frietsch (klaus.frietsch@portlandadvisers.com / 020 7183 8394) or Darryck Luiz (darryck.luiz@portlandadvisers.com / 020 7183 8391).

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Portland
Portland wins Green Africa Power advisory mandate with PIDG Trust