In an exclusive Q&A with IREI, Mansi Patel, head of infrastructure debt for Principal Asset Management, discusses key drivers of the private infrastructure market in 2026 and shares how infrastructure debt can offer abundant opportunities for dedicated credit managers.
Looking back at the private infrastructure market at the end of 2025, what are some high-level observations that stood out?
Infrastructure deal volumes hit all-time highs in 2025, reaching roughly $1.7 trillion, driven by significant transaction volume in the power and digital sectors, with all major sectors posting year-over-year growth globally. Infrastructure debt issuance surpassed $1 trillion in 2025. Overall infrastructure deal volumes increased by around 40 percent from 2024 an
