Dec 17, 20192 minIEF & CEFC finance Enerparc NSW Solar FarmsInfradebt and Enerparc Australia (Enerparc) are pleased to announce the close of a A$8.5 million senior debt facility for Enerparc’s Peak Hill and Trundle So...
Oct 31, 20194 minInflation and Infrastructure Equity Returns – A case of high expectationsMost infrastructure equity investors adopt inflation assumptions in line with the mid-point of the RBA target band – 2.5% per annum. This is significantly ab...
Oct 31, 20193 minRegulated WACCsThe Australian 10 year government bond has fallen from 2.7% in 2018 to around 1.0% this quarter. Over the same period of time, there has been a divergence in...
Oct 31, 20192 minAirportsAustralian airports have been very attractive infrastructure investments. The core of their strong investment returns has been the long-term growth in passen...
Jul 9, 20192 minWeak passenger growth trends for airportsSydney airport is Australia’s largest airport and releases monthly data on passenger and aircraft movements. This provides a near real time window into the h...
Jul 9, 20193 minLower base rates - which infrastructure sector wins most?While the previous article focused on the long-term impact of lower interest rates from an investors’ perspective – it is worth looking into the impact of low...
Jul 9, 20192 minLow Interest Rates – the Future Eaters for Long-term SaversModern monetary policy (not to be confused with modern monetary theory) has evolved to a point where central banks actively manage interest rates with the go...
Apr 1, 20195 minMLFs – an underappreciated risk to renewables projectsMarginal loss factors (MLF) are an often overlooked element of the regulation of the National Electricity Market (NEM). The Australian Energy Market Operator...
Apr 1, 20193 minAirports – the changing composition of Australia’s international passenger mixInternational passenger growth is a key driver of profits for Australian airports. This article outlines the substantial changes in the composition of intern...
Apr 1, 201911 minRenewables – perspectives from different parts of the capital structureSuperannuation funds assign the bulk of their infrastructure allocations to infrastructure equity. Infradebt is an active lender to renewable energy projects...
Mar 20, 20191 minInfradebt featured in I3 Insights I3 insights includes an article about one of Infradebt Ethical Fund's recent investments.
Mar 13, 20191 minAEMO Draft MLFs FY20Draft Marginal Loss Factors (MLF) for the 2019-20 financial year were released last week by AEMO. For some renewables projects the latest forecasts will hav...
Mar 4, 20191 minWe're hiringInfradebt is seeking a motivated final year Canberra based female university student to join our organisation as an intern for the 2019 year. We're activel...
Jan 10, 20191 minAER Final Rate of Return Decision – Modest Downward Adjustment The AER released its final rate of return decision for regulated electricity and gas transmission and distribution businesses on Monday. At 420 pages – the d...
Jan 10, 20193 minWhat I wish I already knew about 2019While this is not strictly about infrastructure, it is the end of the year and that usually brings out a range of prediction pieces. This article takes a sli...
Jan 10, 20195 minLate Cycle Effects for InfrastructureIt might just be the season (bah humbug), but it is starting to feel awfully late in this economic/market cycle. The current cycle has been unusually long – ...
Dec 18, 20182 minInfradebt finances IIG's Brigalow Solar FarmInfradebt and Impact Investment Group are pleased to announce the close of a A$16 million senior debt facility for IIG’s Brigalow Solar Farm. The project is ...
Nov 28, 20181 minInfradebt finances Epuron solar portfolioInfradebt and Epuron are pleased to announce the close of a A$22.2 million senior debt facility for Epuron’s portfolio of operating solar assets in the North...
Nov 27, 20181 minLong term interest rates vs nominal GDP growth reduxBack in Q1 2015 we published an article looking at the long-term relationships between 10 year bond rates and nominal GDP. Economic theory suggests on averag...
Nov 27, 20183 minWestconnex overviewOperating toll road assets are an attractive low volatility sector for infrastructure investors. They benefit from high operating margins and long concession...
