Husch Blackwell has published its fourth annual Public-Private Partnership Trends Report.
The report contains an analysis of recent public-private partnership (P3) agreements for projects that reached a financial close from Jan. 1, 2019, to Dec. 31, 2020. Additionally, the report provides perspectives on emerging areas of P3 activity and a brief overview of the current pipeline of P3 projects.
The major findings of this year’s P3 Trends Report are encouraging for the P3 industry at large. The COVID public-health crisis did little to dim the enthusiasm for P3 projects among public and private participants; in fact, data suggest that record levels of P3 projects are in various phases of development. Year-over-year, there was a 26 percent increase in new projects entering the pre-launch phase in 2020.
“Early in the COVID crisis, many were worried about how the capital markets and state and local finances would be impacted,” said Charles Renn
