There is a great and growing need to finance middle-market infrastructure projects that solve waste, wastewater and water problems for municipal, utility and business customers in communities across the country

The following article is a summary of a recent white paper from North Sky Capital. The paper highlights the opportunity for investment in middle-market infrastructure, particularly greenfield infrastructure projects, including returns, the environment and job creation. The full white paper with footnotes and references is available at https://northskycapital.com/app/uploads/2021/02/North-Sky-Capital-OZ-Infra-White-Paper-Jan-2021.pdf

American Society of Civil Engineers (ASCE) gave poor grades to America’s waste (C+), wastewater (D+) and water (D) infrastructure in its 2017 “Infrastructure Report Card”, identifying a $108 billion funding shortfall in these sectors through 2025. The problem has only compounded in the intervening time, and according to its 202