December / January 2015 Issue

    Friend or foe?

    While state-backed funds have become players to be reckoned with, traditional infrastructure investors needn’t always see them as adversaries. Matthieu Favas reports

    The US Northeast’s gateway to P3s

    Establishing an entity within the Port Authority of New York and New Jersey is not just good news for the long-stalled $20bn Gateway Project, but an indication of more P3s to come in the Northeast

    Quenching Germany’s ABS thirst

    Renewable funds in Europe are targeting German institutional investors with securitisation options. The prize: their underused asset-backed securities quotas, writes Bruno Alves

    GIP rivals Brookfield with $6.3bn Asciano bid

    GIP, Qube and CPPIB's offer to acquire the Australian port operator faces less regulatory hurdles, but Asciano's board favours Brookfield's bid

    Lightbulb moment

    Emerging markets are losing their spark. But bright prospects await power investors capable of designing clever new structures

    Battle of the titans

    GIP and Brookfield are aiming to raise a record $27bn. But that doesn’t mean smaller fund managers won’t have room to play

    Infra investors, forget business as usual

    Return compression in the mid-market, alternative capital structures, direct investors increasingly returning to funds and SWFs as sellers are just some of the trends you should be aware of

    Bright ideas

    Streetlights are boring no more

    When it rains, it pours (inside too)

    Our own Chase Collum struggled to stay dry on a recent Amtrak trip from DC to New York

    Dinosaurs will die

    Portland is pulling out all the stops to out-eco Seattle

    Look ma, no cranes!

    China raises eyebrows with its fancy new bridge-building machine

    The high-flying Dutchmen

    Amsterdam-based DIF has gone from being a three-man start-up to a €12bn manager. As competition in its sweet spot toughens, Wim Blaasse tells Matthieu Favas how the firm keeps its feet on the ground

    What to expect from Dubai’s new PPP law

    Partner Stephen Jurgenson, associate Kilian de Cintré and of counsel Katharine Sonneborn from law firm Winston & Strawn examine Dubai’s new PPP law

    The last laugh?

    Investors hit by the Spanish renewables debacle are still reeling. But the outcome of a pending arbitration process could see them win big, writes Matthieu Favas

    Progressing in millimetres

    The US transportation privatisation market got off on a gravelly footing. But as early P3 assets mature and long-term investors step in, the market could be ripe for a change of pace and perception, argues Chase Collum

    India’s brownfield opportunity

    A recent policy change is opening up almost $700m of new operating concessions for private capital, reports Nia Tam

    Old World quality

    Brexit, rampant populism and anaemic QE-induced growth are all cause for concern. But if you’re an infrastructure investor, you’ll be hard-pressed to find a better place to invest in than Europe, writes Bruno Alves

    The clean energy matchmaker

    Aligned Intermediary chief executive Peter Davidson tells Jordan Stutts how the platform plans to connect institutional capital with innovative clean energy companies and projects

    Heft and safety

    Solvency II has made it easier for insurers to invest in developed market infrastructure debt. Now the IFC hopes to lure them to emerging markets with its new credit enhancement initiative, writes Matthieu Favas

    Public risk number one

    Like the markets they are meant to govern, regulations are ever-evolving, making related risks among the most difficult to predict. Kalliope Gourntis explores today’s regulatory landscape

    A guide to sourcing finance

    With Europe’s ‘Juncker Plan’ now fully operational, AFME-ICMA Infrastructure Working Group chair Janin Campos argues flexibility is key to attracting financing