Project Finance NewsWire

October 2018

IN THIS ISSUE

California settles CCA exit charges

The California Public Utilities Commission issued a highly-anticipated decision in October revising the formula for calculating exit fees that the three investor-owned utilities in California can charge.

Representations and warranties insurance

A representations and warranties insurance policy, or RWI, is insurance that covers the losses that arise from a breach by the seller of its representations and warranties in an acquisition agreement.

Financing storage and EV infrastructure

Battery storage, electric vehicle infrastructure, community solar, micro-grids and fuel cells are emerging markets on which lenders like Investec are focused as potential growth areas.

PACE securitizations

Securitizations are becoming a more common technique to raise low-cost debt for energy projects.

California update

Two new laws enacted in September will have a major effect on the California energy market.

Environmental update

California became one of two US states in September to require all electricity supplied in the state to come from renewable or other carbon-free sources.


IN OTHER NEWS

China tariffs set to ramp up

US tariffs on many Chinese imports will increase automatically on January 1, unless any meeting between the US and Chinese presidents on the sidelines of the G-20 summit in Argentina in late November.