Private Investment In Infrastructure: Trends And Developments

A series of megatrends, including the AI revolution, decarbonization, and critically or near-critically aged assets, has created an extraordinary demand for investment capital in the infrastructure and energy sectors, and this demand cannot be met solely by governments or public markets. While the current political landscape in Canada and the United States has created short-term uncertainty, the macroeconomic backdrop for infrastructure and energy investing remains strong and indicates that private capital investment activity in infrastructure and energy assets will continue to be robust in 2025. Investments in digital infrastructure—particularly data centres—and electricity generation, transmission and storage will dominate, transaction sophistication surrounding investment tax credits will increase, platform strategies will remain popular and large-scale government procurement processes will complement an active secondary market in 2025.