September 9, 2016
This year is shaping up to be one of two stories for Latin American infrastructure and energy finance. Overall, project finance loans slumped from $3.97 billion in the first quarter of 2015 to $2.37 billion in the same period this year, and deals fell by two-thirds, according to Dealogic data.
But while deal flow has slowed in several countries, only Brazil seems to offer real cause for pessimism. The rest of the region continues to excite investors with healthy project pipelines, and new financing techniques are emerging.
The fall in Brazil’s gross domestic product, combined with a public budgetary crunch and political upheaval, has put the brakes on what otherwise could have been an impre
Investors are keen to allocate cash to Latin American infrastructure, but will need to see more bankable projects. By René Lavanchy