TITLE

The Renewed Focus on Infrastructure

AUTHOR(S)
Davis, Avram
PUB. DATE
April 2009
SOURCE
Mergers & Acquisitions Report;4/6/2009, Vol. 22 Issue 14, p17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article examines the renewed emphasis on infrastructure with U.S. President Barack Obama's economic stimulus legislation. Prior to the creation of the stimulus package, funding for infrastructure was declining, with the need for repairs being ignored despite the collapse of a Minnesota bridge in August 2007. According to Randy Paine, managing director and head of KeyBanc Capital Markets' industrial group, the stimulus bill redirected private equity investment to various subsectors of infrastructure.
ACCESSION #
44127692

 

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