During Q3 2015, the estimated total investment in PPP projects being tracked on our database reached USD 15,789 million for projects signed in the period and USD 16,969 million for projects that reached financial close (“FC”) during the quarter.
Total volume of PPP projects signed in Q3 2015 presented a lower figure than the corresponding quarter of the previous year, as was the case in the first two quarters of 2015. However, the total volume of projects reaching FC in Q3 2015 was greater than in Q3 2014, indicating the availability of financing in the markets.
EMEA presented the highest volume of both PPP projects signed and projects with FC. Transport was the most significant sector, constituting 54% of the volume of PPP projects signed and 56% of projects reaching FC.
Top PPP projects signed during Q3 2015 include: Thames tideway tunnel PPP in the UK, Regina bypass in Canada and the CALA Expressway in the Philippines.
Top PPP projects which reached financial close in the period include: Thames tideway tunnel PPP in the UK, M-11 Moscow–St Petersburg highway (543–684 km) PPP in Russia and Regina bypass in Canada.
The top 15 M&A transactions of Q3 2015 in the PPP industry added up to roughly USD 4.2 billion.
A total of 14 infrastructure funds raised around USD 17.6 billion during the third quarter of 2015