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  • International capital eyes Saudi infra plans

    Saudi Arabia, like many of its neighbouring countries in the Gulf region, is trying to reduce its economy’s reliance on oil exports

  • Defining the energy transition

    Investors see growing opportunities in the energy transition, though may have differing ideas of what that term actually means

  • Canada – victim of its own success

    It’s rarely wise to hold up a market as a bellwether as it all but guarantees a dramatic reversal of fortunes, but when it comes to social infrastructure and transport, Canada – in parts – is a shining star in an otherwise fairly lacklustre universe

  • Who’s afraid of the CLO?

    Not all financial instruments with three-letter acronyms are scary. CLOs for infrastructure debt are not only making a comeback but now being promoted as a solution to climate change

  • Libor transition – buckle up for a rough ride

    The infrastructure industry is bracing for a storm of monumental proportions as the market readies itself for the transition away from established inter-bank lending rates that underpin many billions of dollars of loans across this global sector

  • The great infra fund bean feast

    In a world ruled by data – its capture, storage and the limitless capacity for manipulation – one of the mainstays of an infra hack’s life is to anticipate market shifts based on hard facts and a rather splendid database. This week’s missive turns the focus on infra funds and the anticipated uptick in activity that’s impacting the industry and looks set to dish up a bean feast for years to come

  • Vías Chile bonds, Chile

    Vías Chile closed on 29 May the refinancing of a loan with the issuance of a bond in the Chilean stock exchange, the Bolsa de Santiago - sparking a future trend in the Chilean capital markets

  • Ecuadorian PPPs – some progress

    Latin America is increasingly looking at the PPP model as a way of facilitating private investment in new infrastructure. Ecuador is no exception to this trend

  • Infra funds – pride before the fall

    Since the beginning of time, the masses have been enthralled by building higher and bigger… a hubristic trait that usually ends badly and is repeatedly played out in the infrastructure funds space. This is why our quarterly report on fundraising by global infrastructure funds has so many in the industry predicting doom

  • Sharing “spillover tax revenue”: a revolution in infra

    India’s new national broadband network could be the first project to enact an entirely new concession model, one which could revolutionise infrastructure finance

  • The great North American job hunt

    Few things set tongues wagging faster in the infrastructure community than recruitment trends, bonuses and salaries. While most folk like to benchmark careers against their peer group – frequently sucking the wind out of many a sail – everyone wants to know who is going where

  • Revolving doors whip up a storm

    With bonuses now having been trousered by many London infrastructure bankers, the resignation season is in full swing as people ready themselves for new challenges or ease into the salaried luxury of gardening leave

  • Trillium Line Extension P3, Canada

    The Trillium Line Extension DBFM project in Ottawa reached financial close in April with SNC-Lavalin – through its wholly-owned subsidiary TransitNEXT – selected to build the project. This was despite grumblings from competing teams that it failed to meet the minimum technical score of 70% set out in public documents provided by city officials

  • UAE procurement – on the brink of change

    The lack of a full PPP programme has held back international private investment for years. To change this Abu Dhabi recently implemented a new PPP law

  • Autopista al Mar 1, Colombia

    Colombia's Autopista al Mar 1 project - the largest of the 4G road programme - reached financial close in March 2019, making it the second project to close since president Iván Duque took power in 2018

  • 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

  • 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

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