With an outstanding track record spanning over 21 years, €6.1 billion in direct infrastructure debt and equity investments made since inception, and
€3.0 billion of funds currently under management,
we are one of the world’s largest and most experienced independent infrastructure managers.
We are a long-term investor, partnering with clients to invest in true infrastructure assets that protect real investment value, while providing predictable cash returns. This is achieved by investing in assets with clear and measurable cash flows and adding value through active asset management.
November 2019
This month’s feature article discusses the notion of Modern Monetary Theory. We explore flaws in current monetary policy approaches, the potential implications of the introduction of MMT, and assess whether MMT could really ever become a mainstream economic policy.
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October 2019
In last month’s article, we discussed whether the years in the lead-up to the Great Depression provided a precedent for what we are witnessing in markets today. In the latest edition of our thought leadership articles we set out our view on the current state of investment markets.
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September 2019
So far, 2019 has marked a year of stark turnaround by the US Federal Reserve (the Fed). From December 2015 to December 2018, the Fed raised rates 10 times, from its all-time low of 0% to a target range of 2.50-2.75%. At the end of 2018, the Fed was forecasting at least two further rate increases in 2019. By mid-2019, the Fed had not increased rates further, but rather delivered a 25 basis point rate cut at its late July meeting. What caused this sudden change of heart?
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August 2019
Whitehelm’s latest Thought Leadership article explores the key risks in renewable generation assets for investors and ways these can be addressed. The article presents case studies from a number of countries where sudden changes to the regulatory environment have impacted the viability of renewable energy projects.
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January 2019
Listed infrastructure and listed property funds hold similar underlying assets to their unlisted counterparts. Despite this, the return and volatility profiles of listed versus unlisted real assets are different.
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Rowville Transmission Facility (RTF) owns an electrical transmission facility located in the eastern suburbs of Melbourne. RTF converts electricity from 500kV to 220kV for distribution. The facility receives a monthly fee from the Australian Energy Market Operator, while the operation and maintenance of the asset is outsourced to Ausnet Services.
Flinders Ports operates seven ports located across South Australia, including the State’s only container terminal, under a 99-year lease from the State Government. As operator, Flinders Ports provides port and logistics services and infrastructure for container, bulk and break-bulk cargoes servicing many of the State’s key industries.
Kvitebjørn Varme is the district heating network in the city of Tromsø, the largest urban area in Norway inside the Arctic Circle. It produces more than 90 GWh of thermal energy annually, primarily from sustainable and low carbon generation technologies (including a modern 20MW waste to energy plant with an annual capacity of 56,000 tons). The heat is distributed through a network of 55km of underground pipes.
One of the world’s most experienced infrastructure managers & investment strategy advisers
