Infrastructure

Since our debut infrastructure deal in 2012, we’ve become active investors in all key social and economic infrastructure sectors, managing £2.4 billion* of assets in the UK, across Europe and the US.

Infrastructure deals are often complex to arrange and require a long-term commitment, potentially for several decades. We understand that borrowers need a reliable partner, and seek to form strong relationships, founded on trust, shared ethos and a desire for a positive social, economic and environmental impact.

We apply the knowledge gained through managing other real assets, to generate the best outcomes for our clients. This includes having an early involvement in potential deals to optimise the structure of the transaction, negotiating covenants to protect the security of income, and undertaking robust credit analysis, utilising our inhouse credit analysts, to ensure we understand and manage associated risks.

University of California, Merced, USA

Case study: Breaking new ground in the US

When the University of California, Merced, was looking to expand its campus, we broke new ground by becoming part of the first educational private / public sector partnership to take place in the US. Our strong track record in infrastructure, existing presence in the US and expertise across real assets meant we had longevity and the vision that the University of California needed in a partner.

The financing will help to nearly double the size of the existing campus, adding new classrooms, laboratories, student accommodation and amenities to sustainably enhance student life and further academic distinction. In addition, it will help one of the poorest areas in California, creating new jobs and having a positive impact on the local community.

*Source: LGIM Real Assets, as at 30 June 2017