In partnership with: Pinsent Masons
Alan Aisbett, partner at law firm Pinsent Masons, explores a range of finance vehicles which could help boost infrastructure development.
The government is backing a new initiative aimed at providing pension fund investment in infrastructure. What are the chances of success for the Pensions Infrastructure Platform?
It might be the most familiar model, but it does come with disadvantages.
Can the PFI model be reshaped to make it attractive to pension funds and institutional investors?
Could local authorities achieve economies of scale by borrowing through a special purpose finance vehicle?
Could new bodies take the strain of local infrastructure provision?
What are the advantages and disadvantages of the tax increment finance model?
Under what circumstances is it suitable for the public sector to grant a company rights to exploit revenues of an infrastructure asset?
What lessons can infrastructure providers learn from the privatised utilities?
A powerful rolling investment fund could be created using a cocktail of funding streams.