Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
CommentFebruary 2 2015

Allianz fills the UK infrastructure funding gaps

The investment arm of the world's largest insurer, Allianz, is stepping up its efforts to arrange infrastructure financing deals in the UK for distribution to itself and other institutional investors.
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Allianz fills the UK infrastructure funding gaps

Disintermediation can take different forms, with banks supplanted as front-line lenders not only by the public markets but also by individual institutional investors. This is becoming a welcome feature of project finance as players, including investment manager Allianz Global Investors (AGI), lend directly to greenfield infrastructure projects.

AGI's latest infrastructure play is a £193m (€293m) investment in Scotland's largest public-private partnership (PPP), a road bypass round the Scottish city of Aberdeen, otherwise known as the Aberdeen Western Peripheral Road, Balmedie to Tipperty (AWPR) project.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial