3i Infrastructure, the London-listed infrastructure investor, has signed a new £200m revolving credit facility with a five-member banking syndicate. It replaces an equivalent £225m facility due to expire next month, and will be used as a ‘bridge to equity’ to finance future transactions.
2 min read · 15 January 2013
Infrastructure investment analyst Robert Bain suggests it might be time to re-assess the credit quality of UK public-private partnerships – a mature, resilient sector characterised by low volatility, essentiality, strong government support under successive political regimes and few defaults.
10 min read · 15 January 2013
Turkey’s $5bn-plus highway and bridge privatisation package may represent a unique opportunity for investors wanting to offset their exposure to Europe’s slower-growing territories, writes Bruno Alves.
6 min read · 15 January 2013
France’s plans to launch a state-sponsored securitisation vehicle for the refinancing of PPP debt post-construction could end up being the long-awaited solution to bring the capital markets back into infrastructure financing. By Bruno Alves
5 min read · 15 January 2013
Spain’s macroeconomic problems have put off many real estate investors, but some hardy firms have managed to find attractive situations to invest in. PERE Magazine February 2011 issue.
10 min read · 15 January 2013
Offshore funds lawyer Arwel Lewis looks at the trends that emerged in 2010 and predicts which will carry forward to 2011.
6 min read · 15 January 2013
Recent events in India have put the sector under political scrutiny, with questions being asked about the ethics of profiting from the poor.
7 min read · 15 January 2013
Recent events in India have put the sector under political scrutiny, with questions being asked about the ethics of profiting from the poor
6 min read · 15 January 2013
A recent PEI visit to Milan discovers a market returning to its roots and facing up to some uniquely Italian challenges.
5 min read · 15 January 2013
Ballooning funding costs are forcing the Portuguese bank to deleverage, leading it to sell a €2.6bn portfolio comprised mostly of project finance loans. However, sources close to BES say the bank will remain active in project finance.
2 min read · 15 January 2013
