Although nature abhors a vacuum, and the profit motive should bring new intermediaries to reinvest in public infrastructure assets, the market is still fragile, and the credibility and confidence gaps from past experiences will be hard to overcome.
Any proposed solutions are likely to require an impetus from governments or supranational institutions and a confirmed appetite from the financial markets, and there is a glaring need for trusted intermediaries.
There are however the first signs of new investors, for example Hadrian's Wall Infrastructure debt fund and Arcadium Infrastructure. EPEC will continue to track these initiatives and is happy to continue to work with any Governments looking to progress towards solutions.