Matthieu Favas
Matthieu Favas is the editor of Agri Investor. He was previously the web editor of Infrastructure Investor, where he started in 2013 after a year as a reporter at Private Equity International. Prior to joining PEI he spent four years in the wine industry in London, Spain and Mongolia.
Mirova, Bouygues and Caisse des Dépôts form part of the consortium that will deliver an 18,500km fibre optic network in the country’s north.
The sector could be on the cusp of a private capital bonanza should revenue models firm up and costs continue to come down, champions of the technology said today.
.jpg "LP Forum: US states seeking inspiration from ‘cool’ Canada")
Notwithstanding stronger federal support for American P3s, Canada continues to provide a ‘big bright ray of light’ on how to put infrastructure projects on track, delegates heard in New York.
An easy political target, PPPs have slipped off the radar in the markets where they were first popularised. Yet they remain a big part of the answer to plugging the world’s infrastructure gaps.
Dalmore, Hermes and Amber Infrastructure have teamed up with Macquarie, Allianz and CIC to bid for the utility’s £11bn gas network.
The facility’s sponsors used the country’s first green and social project bond, credit-enhanced by the EBRD and MIGA, to gather €288m for Elazig PPP.
CPPIB, Macquarie and IFM-owned telecoms group has also rolled over capex and working capital facilities in a transaction previously thought to total about £1bn.
The $1trn French asset manager, which also expects to close its debut European deal alongside EDF in December, could launch the vehicle within six months.
Infrastructure veteran Mark Weisdorf has joined the investment committee of IST3 Global, which has so far garnered $438m from 17 pensions.
Changi Airports International and Russian group Basic Element are already part of a consortium that manages 7% of the country’s passenger traffic.