The US public-private partnerships market is experiencing a revival. Proximo explores why financial and policy conditions are helping to drive renewed activity

The administration of incoming president Abelardo de la Espriella could trigger a wave of investment in roads, ports, and energy. Greater regulatory stability is expected, alongside project auctions with terms that are friendly to investors.

The refinancing for Bulgaria’s Sofia Airport combines long-dated institutional capital, a DFI anchor commitment and flexible bank funding. Where asset quality, sponsorship and concession design are strong enough, other issuers might use it to fund incremental capital expenditure