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After lockdowns led to financial duress, S&P Global Ratings’ Trevor d’Olier-Lees and Dhaval Shah see an uncertain road to recovery.
Boris Johnson’s extraordinary ‘I am not a communist’ moment will have dashed the hopes of an expectant private sector.
Opposition from within the governing coalition has led to the project being placed on the backburner until after the general election in September.
The $10.8bn project will confirm details by July, although some current policies may slow down private investment in the country’s renewables PPP projects.
The country's successful response to covid-19 might offer it a competitive edge over the UK and US once life normalises.
With public infrastructure resources being diverted to pandemicrecovery efforts, many in the industry are wondering if this could bewhat finally prompts an uptick in PPPs.
The project's construction companies are threatening to terminate their contract, which would make the Maryland project the latest in a series of troubled North American PPPs.
REM - Light rail - Montreal
Plenary Americas’ senior management will retain a minority equity stake in the business, while CDPQ will take a near-90% interest in the PPP portfolio.
Infrastructure Australia has put an emphasis on resilience in its 2020 Priority List, but investors note that there are high levels of competition for a limited number of assets.
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