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  • Peruvian broadband: Get connected

    Telecoms projects are on the rise across Latin America, including Peru, where ProInversión in January awarded six broadband network PPP projects for a total investment of $358 million

  • Institutional investors – doing it for themselves

    There’s a growing trend in the infrastructure community for institutional investors to “go it alone”, eschewing the services of fund managers as they deploy big tickets across the global market

  • EXCLUSIVE New South Wales’ Regional Rail PPP, Australia

    The Momentum Trains consortium achieved financial close on 15 February for the Regional Rail PPP in New South Wales, with a group of international banks providing debt with a novel amortisation schedule, while the NSW government has given itself the option to terminate or extend the O&M concession at year 15

  • Wales & Borders rolling stock, UK

    Arriva's 15-year Wales and Borders franchise came to in October last year (2018)

  • Tłı̨chǫ All-Season Road P3, Canada

    The Tłı̨chǫ All-Season Road P3 project reached financial close in February. Despite being procured as a P3 with the typical DBFOM model, there are no banks involved, the private developers are providing a small percentage of the equity and a large chunk of the financing is being provided by the government

  • Infra fundraising – oops we did it again

    It’s unseemly to crow about one’s victories in the heavily-contested area of data gathering on fundraising by unlisted, global infrastructure funds… but sadly, it’s also irresistible. Over the course of 2018, IJInvestor logged final close on $104 billion raised by funds – closed- and open-ended, with equity and debt strategies – putting us a country mile ahead of our rivals

  • You queue and wait - Kuwait PPP

    Kuwait has once again restructured its PPP agency to kick-start stalled projects. Despite numerous delays and setbacks, its infrastructure ambitions remain extensive

  • AMLO's new Mexican infra reality

    The cancellation of major projects and a lack of clarity on government plans are making international investors nervous about Mexico though the country's infrastructure need is still significant

  • Infra funds – global fundraising

    While 2018 failed to log a mega fund final close – something infra hacks love to hang a story round – this last year managed to break fundraising records across a slew of smaller vehicles, the vast majority of which are (not surprisingly) focused on equity

  • Infrastructure – in a league (table) of its own

    When it comes to analysing activity across the global infrastructure finance landscape, it’s always reassuring to confirm the accuracy – often not the case – of received industry wisdom, while also identifying trends that are less obvious to those who perhaps fail to see the trees for the woods

  • Infra fund dilemma – blame the pig or the feeder?

    In the same week that Luxembourg announced plans to legalise cannabis (and make all public transport free), folk have been wondering whether many infrastructure fund managers will domicile in the small European duchy to enjoy the benefits of a liberal system while they play fast and loose with targets and hard caps

  • Michigan’s I-75 road, US

    Michigan closed on its second P3 deal in November 2018, and the project had a financing structure unique to the US market – private activity bonds. It had an accelerated timeline, going from preferred bidder to financial close in just under three months with four local civil contractors on board having achieved investment grade ratings from Moody’s and Kroll

  • The French broadband connection

    Local authorities are plugging the gaps in France's high-speed broadband coverage left behind by traditional telecoms operators by awarding concession contracts under a PPP model

  • It’s beginning to look a lot like infra…

    Welcome to the final missive for the year written in the teetering shadow of a mountain of IJGlobal award submissions in advance of signing off for 2018 and wishing you all a merry Christmas and the very best for 2019

  • The 12 projects of Christmas

    Pick up the phone to anyone right now and the first thing you’ll be told is that they’re run off their feet and that the market’s “gangbusters” as everyone pulls together to get deals over the line before the end of the year… or Christmas, if you’re old school

  • Greece tries to swap EU funds for PPPs

    In early October, EU Commissioner for Regional Policy Corina Cretu visited Greece to inaugurate two major transport projects – the Tithorea-Domokos railway line and Thriassio Pedio Freight Complex

  • Royal Inland Hospital, British Columbia

    The recent financing of the Royal Inland Hospital Patient Care Tower project featured the first internationally accredited green bond in the Canadian P3 market

  • Ethiopia’s bold renewable energy ambitions

    Ethiopia has huge renewable energy potential. Its government estimates the country to produce roughly 45GW of hydropower alone, though only 5% of this potential has yet been realised

  • Dundonnell Wind Farm, Australia

    The Victoria government announced last September the six project winners of the first auction of the Victorian Renewable Energy Auction Scheme. Some two months later, Tilt Renewables had reached financial close on the A$560 million 336MW Dundonnell wind farm – the first under VREAS

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