Enter’s Post

Delighted to report that we have achieved financial close on the EUR 1.8 billion Tel Aviv "Green Line" light rail #ppp project. The Green Line will transform public transportation in the Tel Aviv region, connecting the towns of #RishonLeZion and #Holon in the south, passing through central #TelAviv, to the town of #Herzliya in the north. The 39 km new rail link will include 62 stations, 4 of which will be underground, and is forecast to serve 275,000 passengers per day. As such, the project provides an alternative to car travel, alleviating #congestion and #ghgemissions. European Investment Bank (EIB) has agreed to provide a EUR 250 million #ProjectFinance loan to private-sector owned company TMT - TLV Metropolitan Tramway LTD for construction of the light rail project and acquisition of new rolling stock from Alstom. Big congratulations from the EIB Global | BEI Monde team to Ziv Sade, Einat Gamzu, TMT and the entire Sponsor team for this milestone achievement. It was a privilege to work with you, Bank Hapoalim בנק הפועלים and Mizrahi-Tefahot Bank בנק מזרחי טפחות as co-lenders and arrangers of the consortium of local banks and financial institutions, and NTA - Metropolitan Mass Transit System Ltd on this flagship transaction. A big thank you to our advisors for making this happen, including Allen & Overy fronted by Joe Clinton, George Chrysospathis, Jonathan Bevan, Nick Jackson, the Herzog team, led by Zara Gold, Mark Phillips, the AtkinsRéalis team headed by Mark Davies and Crawford Currie, the Marsh team, and Varda Stern at Ascola. The Project is expected to contribute directly to several SDGs, most notably #climatechangemitigation (#SDG13) and urban infrastructure improvement (#SDG9 and #SDG11). The project shares the development priorities of the EU/Israel Action Plan, which seeks promotion of sustainable development policies and actions, including on #climatechange. The Green Line LRT is consistent with Israel's National Transport Strategy and directly supports the Tel Aviv Mass Transit Strategic Plan of 2016. #climateaction #ppp #infrastructurefinance #ijonline #projecfinance #eibglobal #eib #sustainabletransport #electrification #europeanunion #urbanmobility #publictransport #telaviv #greenline #alstom #nta #electra #dan #hapoalim #mizrahi #financialclose #climatefinance #futuremobility #eeas #netzero #netzerotransition #sustainability #infrastructure #europeaninvestmentbank #eibglobal #electricmobility #masstransit Juan Audibert, CFA, Pablo Iribarren, Federico Greco, Meryn Martens, Angeliki Kopsacheili, Francesco Totaro, and others at the European Investment Bank (EIB). Shahaf Gilad, Lior Mentser, Aviad Nevo, Adam Ben-Yehuda Arnaud de Monts, Ido Wojakovski, Dan Company For Public Transportation Ltd., Yori Bronshtein, Ronny Lainveber, Noa Meidan, Oshrat David Dakar, Meitar | Law Offices, Jonathan Finklestone, Jason W. Schnier,

This week's update features our mixed use, investment, and industrial properties. See what's available here: https://smpl.is/85mfx #mixeduse #industrial #industrialproperty #mainerealestate #maineindustrial #maineproperty #magnussonbalfour #kwcommercial #mainecommercialre

𝐌𝐫. Rajat K., 𝐌𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫 𝐨𝐟 Synergy Consulting, Inc., 𝐬𝐡𝐚𝐫𝐞𝐬 𝐡𝐢𝐬 𝐯𝐢𝐞𝐰𝐬 𝐨𝐧 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠, 𝐧𝐨𝐰 𝐚 $1𝐓𝐫𝐧+ 𝐚𝐬𝐬𝐞𝐭 𝐜𝐥𝐚𝐬𝐬. Modern economies are built on infrastructure, which is increasingly attracting private investors that seek stable, long-term returns as an investible asset class. These investments span across transportation, utilities, energy, communication, and social infrastructure sectors , and are often characterized by benefits like steady income, inflation protection, long-term horizons, essential services, and diversification. Now surpassing $1 trillion in total value, infrastructure investments provide compelling opportunities for investors aiming for stable income, growth, and diversification within their portfolios. As governments globally prioritize infrastructure development, the demand for infrastructure investments is projected to remain strong. 𝐓𝐨 𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞, 𝐂𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://lnkd.in/gPHnsTK9 #InfrastructureInvestment #PrivateInvestment #StableReturns #LongTermInvestment #Transportation #Utilities #EnergySector #CommunicationInfrastructure #SocialInfrastructure #InflationProtection #InfrastructureDevelopment #GlobalInfrastructure #InvestmentOpportunities #EconomicGrowth Rajat K.

📢Speakers Announced! Financing Sustainable Transport Infrastructure – A Moving Target? The OECD estimates that approx. 6.5 trillion EUR/ year of infrastructure investments – including transport - are required through 2030 to meet global climate and development objectives. And transport is the largest contributor to greenhouse gas emissions in the European Union, accounting for around 31% of total emissions. Given the objectives, significant investment gaps exist in financing related transport infrastructure – including digital, EV charging and smart mobility. As requirements and business models in the associated transport, mobility and infrastructure sectors are constantly in motion, we will discuss risks and opportunities for the private sector including institutional, private equity and corporate finance. Join us when we debate challenges and success stories and how financing and stakeholders interact. Speakers: - Moderator: Martin Eichstädt-Krug, ABN AMRO Bank N.V. - Daniel C., ABN AMRO Bank N.V. - Mark Hoff, MBA, SLR Consulting - Thorsten Koska, Wuppertal Institute for Climate, Environment and Energy - Urs Maier, Agora Verkehrswende - Sebastian Miller, Ambe Partners 📅 – Tuesday 4 June 2024 🌏 – Room Amsterdam, 6th floor, ABN AMRO Bank N.V. Frankfurt Branch, Mainzer Landstraße 1, 60329 Frankfurt/Main 🕓 – 8am Register now: https://lnkd.in/eNAJ2PJp Not an IPFA Member? Join us - https://lnkd.in/eHw9Mfq3 This in-person event is kindly hosted by ABN AMRO Bank N.V. #IPFA #GlobalNetwork #Community #Connecting #Infrastructure #Frankfurt #Transport #Sustainability

Infrastructure is undeniably taking centre-stage as a prime investment opportunity right now thanks to its strong historical performance, its relative stability amidst macroeconomic fluctuations, and the chance to tap into the megatrend of energy transition.   Thank you SuperReturn Asia for having me last month to share my thoughts on the opportunities for investors in the transition to a net zero future. As part of the conference, I recorded a short interview focusing on #infrastructure investments and the appeal of #secondaries in providing stability and high total returns. In this first segment, we discuss whether infrastructure is the best place to invest amidst the rising interest rates and inflation.   Do check out our real assets investments page for more background on our strategy and views on the current landscape: https://lnkd.in/g94Eyyif. #superreturnasia #privatemarkets #infrastructure #inflation #opportunities

Heimstaden, one of the largest residential owners in Europe 🏠 (to offer some relevant context - the ‘really big guys’😃), accessed 700 m EUR funding, part of which is going to improve the energy efficiency and carbon footprint of the 42,500 residential homes owned in Czech Republic. The funds are directed towards improving the thermal insulation of the buildings, installation of heat pumps and general shift towards renewable energy sources ☘️ Buying residential property today in Romania 🇷🇴 that does not meet at the very least the minimum nZEB standard (which is mandatory in Romania since 2021 for new dwellings, but in reality not achieved in easily 90%+ of the ongoing developments by looking at the technical specifications 🤔) will have the following implications in medium to long term: 👉 Loss in value relative to the green developments 👉 Less favourable financing conditions 👉 Mandatory upgrades to improve the energy efficiency, involving owners investment as well 👉 Higher taxation STC Partners is commited to deliver sustainable residential developments for real 🎯, addresing the needs of the future, despite this meaning to be one of the first ones going in this area in our country 🏋️ and bringing heat pumps, photovoltaic panels, special thermal break elements, superior thermal insulation, passive house windows or controlled ventillation units in an apartment residential complex like Quartier Azuga (www.quartier-azuga.ro) 👌🏻👌🏻👌🏻 #Residential #Green #Future

Just returned from a great trip to the Middle East with Eric J. Mogelof, where we had some very insightful conversations with clients across the region. The overall sentiment I left with is that there’s a lot of excitement and enthusiasm for private #infrastructure investment in 2024. But the investors that will see the most success in 2024 will be the ones taking a risk-based approach and staying focused on investing behind key thematic opportunities.    For us at KKR, the most important long-term driver for private infrastructure investment remains the vast, unmet global need for it. The most commonly-cited figure says that the gap between what governments spend on infrastructure and the amount needed will reach $15 trillion by 2040. We believe private capital is likely to fill that gap, and we’re particularly focused on these key themes in 2024:   - #Decarbonization: Reducing, removing, and avoiding carbon emissions is an asset-heavy task that spans most of the economy. It is presenting opportunities for infrastructure investors up and down the risk spectrum, and with @Charlie Gailliot and @Emmanuel Lagarrigue heading up our climate strategy, we’re in a great position to help tackle these challenges.  - #Digitalization: We see a variety of opportunities here across the risk spectrum. Mature and contracted telecom businesses, for example, can appeal to a core investor, while more complex deals can appeal to opportunistic investors. In the digital space, we look for assets that have the potential to retain their value even in difficult environments and the potential for upside just as we do in any infrastructure investment. These might be established through minimum take-ups (fiber optic networks) or usage (data center), as well as established long-term contracts, inflation passthroughs, and a strong market position. - #Deconsolidation: The challenges of pulling an asset-heavy entity out of a large corporation are real. Our experience has shown that aligning people and culture is often the primary concern in a carveout. Culture takes a long time to change, and assessing and optimizing a workforce is also the work of experts. Operational expertise, industry expertise – along with a healthy dose of humility! – are key to succeeding in this realm.   For more, I dive into this in a recent piece, How a Sweet Spot for Infrastructure Could Benefit Investors, which is available to download here:  https://go.kkr.com/4a97etG Looking to 2024: How a Sweet Spot for Infrastructure Could Benefit Investors | KKR Read about our expectations for the year ahead, including where we see thematic opportunities in our three key areas of focus: decarbonization, digitalization, and deconsolidation. go.kkr.com

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Discover how global real estate businesses are building towards net zero in our latest Transition Pathways sector survey. How much are they spending, and where are they investing? Read our latest findings here: https://grp.hsbc/6041urQCR #HSBCTransitionPathways #RealEstate #NetZero

Establishing new markets is important for economic growth and for increased investment returns. By compressing the yield of a project, you increase capital value and create new growth areas for towns and cities across the UK. #investment #realestate #markets #sustainability #UKDC #future