Nearly 90 years after the launch of the New Deal, the Biden Administration is setting out plans for unprecedented investment in modernizing the US infrastructure, producing clean energy, and focusing on sustainability and equity – plans that are at the heart of the administration’s recovery program. Amid all the fanfare, the key questions for the global investor community will be how and when key projects are structured and brought to market.
Andrew Herring, partner in our Global Infrastructure Group, hosted an expert panel to help explain why this time the opportunity is different. The panelists included:
- John D. Porcari, President, Axilion USA; former Deputy Secretary, US Department of Transportation; and former Secretary, Maryland Department of Transportation
- Zach Schafer, CEO and executive director, United for Infrastructure
- Rodney Slater, partner, Global Infrastructure Group, Squire Patton Boggs; and former Secretary, US Department of Transportation
- Bill Shuster, senior policy advisor, Squire Patton Boggs; former US Congressman and Chairman of the House Transportation and Infrastructure Committee
Among the opportunities highlighted is public-private partnerships (P3s), particularly for those projects that advance equity and focus on climate change and sustainability. See this P3 Bulletin article with more insights gleaned from the panelists’ remarks.
Access recording of the full panel discussion here.