REPORTS

Our analyses covering private equities, private infrastructure and infra debt markets.
Featured image for “Q4 2022 infrastructure update – inflation, interest rate rises and energy crisis: what happened to infrastructure in 2022?”

Q4 2022 infrastructure update – inflation, interest rate rises and energy crisis: what happened to infrastructure in 2022?

Feb. 03, 2023
In a year where global stocks and bonds lost more than $30tn[1] on account of high inflation, rising interest rates, and the ongoing war in Ukraine, unlisted infrastructure equity has fared well. Private infra debt finished the year slightly better off than corporate bonds but still heavily impacted by the rise of market yields. The infra300® index, which tracks a...
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Report Q4 2022 Revenue Forecast Updates

Jan. 30, 2023
The Q4 2022 release of the EDHECinfra indices presents our updated views in the light of recent government intervention in the European and UK energy market due to the ongoing gas supply disruption. This report updates the Q3 2022 report and is presented following the TICCS® taxonomy of infrastructure companies. Over the course of the fourth quarter of 2022, European...
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EU renewable energy revenues grows 7% in Q3

Oct. 20, 2022
The cut in gas flows from Russia to Europe has had a significant impact on the electricity market in Europe, but not for reasons that you might expect. In response to the cut in flows, the European Commission mandated all countries to increase their gas storage. As a result, there has been significant activity since March to fill all gas...
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Q3 2022 infrastructure update – infrastructure isn’t immune to market volatility

Oct. 15, 2022
A multi-decade high inflation, aggressive monetary policy tightening by the central banks, and the effects of the Russia/Ukraine war, have led to a highly volatile first three quarters of 2022, and infrastructure, though more resilient, wasn’t completely immune to all these effects. The infra300® index, which tracks a representative global sample of unlisted infrastructure equity investments worth more than USD...
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Report Q3 2022 Revenue Forecast Updates: Energy view

Oct. 14, 2022
The cut in gas flows from Russia to Europe has had a significant impact on the electricity market in Europe, but not for reasons that you might expect. In response to the cut in flows, the European Commission mandated all countries to increase their gas storage. As a result, there has been significant activity since March to fill all gas...
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Did Alteria overpay for the Chicago Skyway?

Sep. 22, 2022
On September 14, Atlas Arteria announced it acquired a 67% majority stake in the Chicago Skyway Toll Bridge for US$2 billion. This was in sharp opposition to the views of IFM, one of its shareholders, which claimed it was “value destructive”. Yesterday IFM got specific, accusing Atlas Alteria of destroying AUD$1 billion of value through the acquisition. The Skyway deal...