Insights

18 September 2020 – The high level of tolls on privatised highways is a sensitive matter in French politics. The last renegotiation in 2015 involved now-President Macron when he was Minister of the Finance. A new EDHECinfra research paper on the adequate level of tolls on French roads is prominently featured in a report released today by the Senate Investigative

18 Septembre 2020- Une nouvelle publication de recherche de l’EDHEC Infrastructure Institute dont les conclusions sont reprises dans leur intégralité par le rapport de Commission d’enquête du Sénat sur « le contrôle, la régulation et l’évolution des concessions autoroutières » publié le ce jour, met en lumière l’archaïsme de la réglementation des péages dans les concessions d’autoroutes en France, et appelle à

As someone who straddles both the academic and finance worlds I’m always interested in research that can help better inform asset managers. My main interest is in infrastructure finance, having been involved in the field in some way or another over the last 15 years.  So, I’m always interested in reading new research on infrastructure finance, hoping it might provide

There is growing recognition in the industry and academic field alike that an effective analysis of ESG is fundamental to understanding the value of an infrastructure company. But in order to understand why ESG matters for infrastructure, we first need to understand why infrastructure has value. The ambition of the research on ESG at EDHECinfra is to map a well-defined

There has been a lot of commentary in the Australian financial press about superannuation funds exposure to unlisted assets and how this is putting retirement incomes at risk.  Grant Wilson in the AFR ($) wrote that: “The failure by super funds to write down unlisted assets appropriately has created a dangerous instability(sic) that could cost ordinary Australians their life savings

Infrastructure businesses are usually impacted by the tail end of recessions as demand for essential services flags or public counterparty risks increase. But from the onset of the Covid-19 crisis, it was clear that infrastructure was going to be impacted before every other business. The initial phase of this crisis was not an economic shock but a state of emergency