Publish in Special Reports - Wednesday, January 18, 2017
Mexico remains an attractive destination for project finance. In September, the government awarded $4 billion renewable energy projects. Here the newly opened Parque Eólico PIER II in Puebla, Mexico. (Photo: Mexican government)
Mexico and South America see strong project finance interest.
BY JOACHIM BAMRUD
Mexico remains an attractive destination for project finance, although uncertainty resulting from new Trump administration policies, as well as the presidential elections there next year may create challenges, experts say.
“In 2016, we generally saw a high level of interest by multilaterals and commercial lenders – both international and local – wanting to provide debt financing to new projects in Latin America, particularly Mexico,” says Lance Brasher, the Washington, DC-based global head of Skadden's Energy and Infrastructure Group. “We also saw additional sources of financing, particularly in the form of increased participation by new or expanded infrastructure funds. Infrastructure investment in Mexico and also Colombia was active.”
On the whole, project financing was ...
Keywords: Argentina, BNDES, Brazil, Chile, Colombia, Paraguay, Peru, Project Finance, Skadden