Thursday, September 29, 2016

Mexico: Second Power Auction Results


Mexico has awarded long-term contracts to 23 companies under its second power auction. Officials results were issued on September 28, awarding contracts to buy electricity, capacity and clean energy certificates (CELs) from projects representing 3,944.57 MW, of which 2,891 MW will come from newly installed clean energy sources. Solar projects represent 1,823.97 MW, wind 1,128.5 MW, hydro 68 MW, geothermal 25 MW and combined-cycle technology 899 MW.

Thursday, September 22, 2016

#TBT: Islamic Project Finance: Structures and Challenges



This post is part of an occasional series highlighting a project finance article or news item from the past. It is often interesting and thought provoking to look back on these items with the perspective of months, years or decades of further experience. 

With this installment, we turn to an article written by Richard Keenan, a partner in Chadbourne's project finance group. It was first published in the February 2010 issue of the Project Finance NewsWire.


Islamic finance is expected to make up 30% of the total project finance market in the Gulf Co-operation Council, or GCC, countries by 2012, compared to just over 12.5% in 2006, according to the latest estimates.

Thursday, September 15, 2016

#TBT: Secrets of the Biodiesel Market


This post is part of an occasional series highlighting a project finance article or news item from the past. It is often interesting and thought provoking to look back on these items with the perspective of months, years or decades of further experience. 

With this installment, we turn to an article written by Todd E. Alexander and Marissa Alcala,  partners in Chadbourne's project finance group. It was first published in the November 2006 issue of the Project Finance NewsWire.


The ethanol market showed signs of cooling this fall because of falling oil prices and fears about overcapacity, but interest in new biodiesel plants remains hot.

Thursday, September 8, 2016

#TBT: The Challenges Facing Renewable Energy Developers in Emerging Markets


This post is part of an occasional series highlighting a project finance article or news item from the past. It is often interesting and thought provoking to look back on these items with the perspective of months, years or decades of further experience. 

With this installment, we turn to a transcript of a panel moderated by Todd E. Alexander, a partner in Chadbourne's project finance group. It was first published in the November 2010 issue of the Project Finance NewsWire.

Chadbourne hosted a workshop for the multilateral lending and export credit agencies on renewable energy projects in emerging markets in September in its offices in Washington. The workshop covered a lot of ground. The following is an edited transcript of a panel discussion among three developers whose companies are working on renewable energy projects in Africa and Asia. The panelists are Aparna Rao, vice president of AES Africa Power Company, Brian Kubeck, senior vice president for development at Sithe Global Power, and Jim Scarrow, director of legal affairs for the Americas at SunEdison. The moderator is Todd Alexander with Chadbourne in New York.

Thursday, September 1, 2016

#TBT: Investing in Negawatts


This post is part of an occasional series highlighting a project finance article or news item from the past. It is often interesting and thought provoking to look back on these items with the perspective of months, years or decades of further experience. 

With this installment, we turn to a transcript that was first published in the Project Finance NewsWire in February 2013 written by James Berger, an associate in Chadbourne's project finance group.



Many financial institutions are trying to figure out ways to invest significant amounts of capital in energy efficiency as government incentives expire for renewable energy. Because it is often less expensive to avoid consuming a megawatt of energy by increasing efficiency than to build the generating capacity necessary to produce the same megawatt, energy efficiency investments promise attractive financial returns.