Data collection for infrastructure benchmarking

The growing interest of investors for infrastructure investment has been motivated by what calls the “infrastructure investment narrative”: the notion that infrastructure projects uniquely combine the following characteristics: That is, investing in infrastructure implies: Unfortunately, …

Infrastructure Valuation

This book by Frédéric Blanc-Brude, Majid Hasan was published by PEI Media in March 2015. A sample can be downloaded here. It can purchased here

The valuation of privately-held infrastructure equity investments

by Frédéric Blanc-Brude, Majid Hasan Abstract: This paper contributes a rigorous valuation framework to the debate on the benchmarking of privately-held infrastructure equity investments. We aim to achieve the following objectives: 1/ item Determine the …

How much construction risk do sponsors take in project finance?

by Frédéric Blanc-Brude, Dejan Makovsek Abstract: Using new data, we show that construction risk in infrastructure project finance is well- managed and that project sponsors face very little construction risk compared to the well-documented, systematic …

Measuring risk in unlisted infrastructure equity investment

by Frédéric Blanc-Brude, Omneia R H Ismail Abstract: In this paper, we propose a methodology to measure the risk of unlisted infrastructure equity investments at the underlying level. This methodology relies on theoretical insights but …