February 2013 Issue

    Secrets of a successful restructuring

    Troubled infrastructure projects can make use of traditional restructuring tools but also have their own unique requirements. Madlyn Gleich Primoff and Neal Hampton explain why

    UK report card ‘Must try harder’

    The UK Coalition government has made no shortage of announcements on infrastructure. Opposition Labour MP John Healey gives his verdict on the government's ideas and progress made.

    Assessing value during due diligence

    Assessing value during due diligence 2013-02-07 How to assess the value of a power or infrastructure project during due diligence? The buying and selling of assets requires a professional assessment of the operation and physical condition of the assets. We should be quantifying all the costs

    In medio stat virtus (it’s best in the middle)

    InfraVia’s Vincent Levita and Bruno Candès sit down with Bruno Alves and tell him why the firm is back with a second fund

    End of an era

    France’s new Socialist government has hit the pause button on PPPs. And while the model is not in any sort of existential risk, expect it to be used much more sparingly going forward.

    Run it like a business

    Run it like a business Chris 2013-02-11 Glynn On the day Stephen Dowd sat down to talk about his job as vice president, infrastructure, for the Ontario Teachers’ Pension Plan (OTPP), the working membership of the C$117 billion (€88 billion; $118 billion) retirement fund, a contingent numbering

    Steady state

    To observe the success possible with public-private infrastructure arrangements, look to Canada. Chris Glynn sat down with a panel of veteran infrastructure investment personnel to discuss one of the premier markets for the asset class

    Time to acknowledge the difference

    The days of trying to squeeze infrastructure funds into a one-size-fits all model are over. But recognising funds’ very different characteristics can produce some interesting challenges – including in the area of incentivisation.

    Emerging Asia Forum The $8 trillion deficit

    Despite an obvious need for private capital, emerging Asia presents plenty of challenges for would-be investors. Siddharth Poddar reports from Infrastructure Investor’s recent Singapore forum.

    Q&A Spanish road crash What next?

    Ashurst’s Gonzalo Jimenez Blanco and José María Anarte offer the legal lowdown on the troubles affecting Spain’s roads sector.

    League tables A burst of energy

    2012 was the year of energy deals in the infrastructure asset class as transport was left lagging behind.

    Western Front You didn't build that, Act II

    President Obama is conscientious in addressing the problem of US infrastructure. The problem is, he just doesn’t think the private sector is the appropriate accomplice in solving it.

    Groundwork Building bridges

    The smooth progress of the East End Crossing P3 may act as a trigger for more private capital involvement in an area where it is sorely needed.

    Cold weather bitter at Heathrow

    Turbulence at UK’s largest airport as near-neighbour Gatwick appears to adapt better. 

    Formula One – and two

    We look at how a big decision in Norway had big repercussions for an investor tariff.

    For the love of infrastructure

    Have you formed an emotional attachment to real assets? Don’t worry: You’re not alone.