July / August 2014 Issue

China’s recent announcement that 80 projects will be offered to the private sector has reawakened interest in the country. Yvonne Li explores the nature of the opportunity.

The key public-private partnership developments from around the world over the last month.

The Port Authority of New York and New Jersey thought it useful to set up webcams that will allow the public to view the construction of the new Goethals Bridge.

Forgetting that many train stations in France were built over a century ago, SNCF will have to pay an additional €50m to shrink platforms so that they can accommodate the new trains the company ordered.

Antin’s €2 billion fundraise is Europe’s second-largest since the financial crisis. This suggests strong investor belief both in its track record and in the region, writes Matthieu Favas.

By buying infrastructure specialist Highstar Capital, the $86bn asset manager hopes to grow deeper roots in the energy industry.

After investing in energy for more than two decades, launching a dedicated energy and infrastructure platform was a natural next step. KKR’s Marc Lipschultz and Raj Agrawal offer their interpretation of the asset class and what enables them to find opportunities where others don’t. Kalliope Gourntis reports

After a spate of well-publicised privatisations, Australia seems firmly positioned on the radar of many international investors. Matthieu Favas met with industry experts in Sydney to find out why they remain sanguine in the face of growing competition

Private investors are helping the Asian giant to address its vulnerabilities

A mega-metro deal has highlighted the country’s vibrant PPP market

The sun is shining on Chile’s renewables push

A bold and innovative renewable energy programme has put South Africa firmly on the map

With Colombia seeking to bring its infrastructure up to scratch, foreign and domestic investors are invited to the party

Prices paid have rocketed as Brazil’s massive logistics programme cranks into gear

Many Asian countries are still struggling to get momentum behind PPP programmes. Anne-Sophie Briant was in attendance at a World Bank event to hear thoughts and possible solutions given an airing.

Infrastructure is not doing a bad job at winning over institutional investors. But it would do much better if it could produce more tangible numbers, writes Matthieu Favas.

The recent string of train leasing deals suggests competitive pressure is pushing managers to look at assets on the fringe of infrastructure. Matthieu Favas reports.

High-profile accidents involving the transportation of US crude oil by rail call for more midstream infrastructure to be built – though this is unlikely in the short term.

As their risk appetite grows, the banks are reassessing their engagement with infrastructure lending.

Perhaps, if their investments fail to live up to the Church’s high expectations.

When it comes to P3s in California, results are mixed. Some false starts and a cancelled project in the state are offset by some great examples in the social infrastructure arena. Kalliope Gourntis reports

The solar PV sector is ripe with opportunity in a market that has gone through a learning curve.

APG is one of a few European investors to have walked the walk of direct investing. Infrastructure chief Ron Boots tells Matthieu Favas how the institution grew up to face the challenge.

The Scottish vote on independence is getting ever closer. Liz Jenkins of Clyde & Co argues that uncertainty about the political environment could be problematic for infrastructure investors.

Midstream infrastructure is luring dollars in the US, with P3s also beginning to make their mark

Aviva Investors’ low-risk strategies target assets that remain hard to scale for most investors. This could please a class of LPs still under-served by traditional investment vehicles, finds Matthieu Favas

The Asia Pacific region has been slow to put effective PPP frameworks in place. The Philippines is showing how it can be done

Economic reforms and a huge infrastructure plan should have investors flocking to Mexico

As other countries struggle to generate deal pipelines, Australia is “example A” of what political will can achieve

Which countries get the pulses of infrastructure investors racing? Andy Thomson and Anne-Sophie Briant identify today’s top ten excitement generators