A number of dramatic changes are currently reshaping infrastructure, a sector that investors and asset managers have traditionally considered to be a safe harbor in the field of alternative investments. Understanding the future of infrastructure is indispensable to guaranteeing a sustainable future for our planet and the welfare of the world's population, and enhancing our knowledge of this asset class is one important step we can take toward reaching this crucial goal. This book collects a series of contributions by a group of Bocconi University researchers under the Antin IP Associate Professorship in Infrastructure Finance, which cover the key megatrends that are expected to reshape the way we think about infrastructure, and the implications for infrastructure investors and asset managers. Its goal is to improve and disseminate the culture of infrastructure among academics, professionals and policymakers. The main focus is on Europe and the European Union, and specifically on three key sectors: power and energy, transportation infrastructure, and telecoms / ICT.

Autorentext

Stefano Gatti is the Antin IP Professor of Infrastructure Finance at the Department of Finance, Bocconi University, Milan, Italy. An expert on investment banking, he has published a number of books and articles on the topics of investment banking and project and infrastructure financing. He serves as a consultant to, and as a board member of, various financial and non-financial institutions, both in Italy and abroad.

Carlo Chiarella is an Assistant Professor of Finance at CUNEF (Colegio Universitario de Estudios Financieros), Madrid, Spain. He holds a PhD in Finance from Bocconi University and is a Fellow of the BAFFI CAREFIN Centre for Applied Research on International Markets, Banking, Finance and Regulation.

Inhalt

ForewordChapter 1: Introduction

Stefano Gatti & Carlo Chiarella

Chapter 2: The future of energy infrastructure Challenges and opportunities arising from the R-Evolution of the energy sector. Matteo Di Castelnuovo & Andrea Biancardi

Chapter 3: Future developments in the transport infrastructure sector. The perspective of the European context.

Oliviero Baccelli Chapter 4: The evolution of the telecom infrastructure business Unchartered waters ahead of great opportunities.

Francesco M. Sacco

Chapter 5: The Disruption of the Infrastructure Industry - Coming changes in investment decisions and how to prepare for them.

Markus Venzin & Emilia Konert

Chapter 6: The Future of Infrastructure Investing - Challenges and Opportunities for Investors and Asset Managers.

Stefano Gatti & Carlo Chiarella

Chapter 7: Conclusions

Stefano Gatti & Carlo Chiarella