Lured by high-profile government infrastructure investment programmes and growing asset churn by utilities themselves, equity investors have flooded into the space. Many banks have spun their infrastructure funds off into standalone entities – for example, Eiser Infrastructure Partners was spun out of RBS/ABN Amro, and Antin Infrastructure Partners came out of BNP Paribas. HSBC’s specialist investments arm became InfrRed Capital Partners in May last year after a management buyout. On a much larger scale Deutsche Bank’s RREEF business is now under exclusive negotiations for sale to Guggenheim Partners.
Alongside these ranks of infrastructure funds clamouring for assets are an increased number of sovereign wealth funds, insurance companies and pension funds also reallocating funds to the sector.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.