LONDON, UNITED KINGDOM--(Marketwired - Aug. 4, 2016) - Although global financial setbacks have impacted the project finance sector this year, stakeholders continue to invest in ventures that will provide numerous social and financial outcomes. Project financing has felt the pinch from a squeeze on corporate spending and a global economic slowdown, yet there are areas and circumstances where investors and stakeholders are willing to see ventures through to completion. The World Finance Project Finance Deals of the Year 2016 are proof that there is a market still for the project finance sector.
Looking at the winners of this year's awards, it seems that the US was by far the most dominant actor in 2016, yet project finance loans are down slightly on the year previous. In Europe, Middle East and Africa regions (EMEA), it seems that project financing activity is now on the rise, with the region being the most active of all so far.
The World Finance Project Finance Deals of the Year 2016 also offer an insight into which sectors are the most active for project finance. Still at the top of the pile is the energy sector, although the slide in oil prices has stalled a fair number of projects following cutbacks in spending from major energy firms.
However, as is often the case with the global economy, a setback in one area presents itself as an opportunity in others. And the decline in prices has prompted oil-rich nations to redirect their priorities, with increased spending on new infrastructure projects. As such, the landscape for project finance is not all doom and gloom.
In the new issue of World Finance we scour the globe for the names that have truly set their markets alight and the ones that have not only exceeded expectations, but also delivered where others have failed. Together, the World Finance research team and our readership have arrived at which institutions are deserving of this year's World Finance Project Finance Deals of the Year 2016.
For the full list of the World Finance Project Finance Deals of the Year 2016, pick up the latest issue of World Finance, available in print and online now.
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