PPP

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.

Infrastructure Investor's annual awards, honouring fund managers, investors, deals, banks and more.

In our final Deep Dive instalment, we look at the UK, the first to emphatically reject PPPs, and find an unresolved debate on value-for-money and poorly shared refinancing gains as lessons to be learned.

In the third instalment of our Deep Dive into PPPs, we look at North America and find the private sector has to help the model transition to a more developer-owned or managed scheme.

The US presidential candidate unveiled a ‘community-driven’ plan that would encourage local governments to fix existing infrastructure and invest in major, long-term projects.

But interest from the private sector was strong with 18 firms expressing interest in operating Lambert airport under a PPP agreement that would have generated $2bn in net proceeds for the city.

The project, which includes a link between Maryland and Virginia, is set to be one of the US's largest PPPs.

The firm has already made its first investment, acquiring a 44% stake in Germany’s A8 motorway from InfraVia and Egis.