08 janvier 2014 ~ 0 Commentaire

Panama Canal Proposes $283 Million Joint Financing To End Row

Starwood Energy Group Closes Financing With GE, Citi And Santander On 211 Megawatt Wind Project In Texas

Panama Canal Proposes $283 Million Joint Financing To End Row equipment-financing

engineering company which lost out in the original bidding process, declined to comment when asked if it was ready to step into the project if the opportunity arose. A source close to the consortium speculated that Bechtel was waiting to step in, but said the GUPC considers it has a very strong bargaining position given contractual clauses. On Monday, Spain’s ambassador to Panama said his country’s government will not provide any financing. Sacyr won the canal contract in 2009 with an offer considerably below the main rival bids and also below the $3.48 billion reference set by the canal authority.
For the original version including any supplementary images or video, visit http://uk.reuters.com/article/2014/01/07/uk-sacyr-panama-financing-idUKBREA060VJ20140107?feedType=RSS&feedName=worldNews

Consortium makes Panama Canal financing counter-proposal


Starwood Energy Group is an affiliate of Starwood Capital Group Global, L.P. Additional information about Starwood Energy Group as well as Starwood Capital Group can be found at www.starwoodenergygroup.com . slipped Tuesday after a Goldman Sachs analyst downgraded the toy company on the belief that sales slowed down during the crucial holiday quarter. Michael Kelter, an analyst at computers on credit Goldman …
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/starwood-energy-group-closes-financing-145100082.html

Cranes are seen next to workers at the construction site of the Panama Canal Expansion project during an organized tour for the media on the Pacific side at the outskirts of Panama City January 4, 2014. REUTERS/Carlos Jasso

Building consortium Grupo Unidos por el Canal (GUPC), led by Spanish construction company Sacyr , said it would contribute $100 million to a joint financing plan to keep the project going amid a cost overrun, and asked the canal administrator for a $400 million advance. The Panama Canal Authority earlier proposed a $283 million joint financing package, which was less attractive for the building companies because it requires them to put up fresh cash while the authority would simply advance funds it would have paid anyway. (Reporting by Lomi Kriel) New Hampshire labor groups announced support Tuesday for an increase in the minimum wage and bills they say would improve the lives of working families. State AFL-CIO President Mark MacKenzie listed a … Associated Press Stocks are higher, showing their first significant gains of 2014.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/consortium-makes-panama-canal-financing-counter-proposal-223151856–finance.html

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