Deal Week noted recently what could be termed as the ‘Macquarie effect’ on the global projects market – the popularity of privately-financed transport schemes and buy-out style acquisitions in the infrastructure sector, especially in the US.
But perhaps it was remiss not to mention the other unexpected figure that is transforming, for very different reasons, the once-staid projects world: one Al Gore. Of course, the former presidential candidate is one of many messengers, but it is fair to say that his Oscar-winning film, An Inconvenient Truth, symbolised the move into the mainstream of green issues – and the corresponding demand for clean energy. When you get down to business, for advisers this will not mean messing about with frivolities like being carbon-neutral – it will mean adapting to the new appetite for renewable energy projects.
