Newcore Capital X i3 – Investing with integrity: Why private players in infrastructure investment should have a social licence to operate

Hugo’s recent column for i3 highlights the growing role of private capital in addressing the infrastructure funding gap, emphasising the need for long-term, sustainable investment practices. It stresses that infrastructure investments should avoid excessive leverage and high management fees to ensure stability and societal benefit. Examples like Thames Water show the risks of over-leveraging and underinvestment, which can lead to financial instability and social costs. The article advocates for a “social licence to operate” for infrastructure managers, ensuring ethical practices and long-term success. Proper management reduces risks and improves long-term returns for investors.

Read the full article here.