MUFG Sees Strong Rebound in North American Project Finance Led by Renewables, with Swelling Infrastructure Funds

prnewswire | August 27, 2020

MUFG Sees Strong Rebound in North American Project Finance Led by Renewables, with Swelling Infrastructure Funds
Project finance in the United States has staged a vigorous recovery— aided by the ability of banks to provide liquidity, low funding costs, and a more liquid bond market—since the initial dampening effect of the COVID-19 pandemic, according to the Project Finance team at Mitsubishi UFJ Financial Group (MUFG).The team delivered its remarks at a virtual MUFG media roundtable last week to discuss the current state of project finance with reporters and editors. The roundtable featured Erik Codrington, Head of Project Finance in the Americas; Nanda Kamat, Head of Americas Infrastructure; Alex Wernberg, Head of U.S. Power; and Ralph Scholtz, Head of Project Finance in Latin America.

Spotlight

Based in Asia, the customer is the international operating division of a premier telecommunications service provider. Covering more than 3,000 cities and 150 countries, the service provider’s network supports a portfolio of integrated global communications solutions which include Ethernet, IP, fiber and satellite transmission solutions, international voice and VoIPX services, managed network & security services and expanding “as-a-service” solutions including OTT video and Unified Communications.

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Spotlight

Based in Asia, the customer is the international operating division of a premier telecommunications service provider. Covering more than 3,000 cities and 150 countries, the service provider’s network supports a portfolio of integrated global communications solutions which include Ethernet, IP, fiber and satellite transmission solutions, international voice and VoIPX services, managed network & security services and expanding “as-a-service” solutions including OTT video and Unified Communications.