Zak Bentley looks at the 2019Q4 release of the EDHECinfra indices.
“In previous years, interest rates have gone down so discounted cashflows have gone up. In recent months, we’ve seen the bounce back of interest rates,” Frederic Blanc-Brude, director of EDHECinfra, told <em>Infrastructure Investor.
EDHECinfra said some of the stronger performers in its index were assets with robust, contracted business models. The institute pointed to IH-635 road PPP in Dallas, which generated returns of 5.6 percent per annum, as an example of the robust cashflows demonstrated by contracted projects.
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