リターン
インフラ
デット
投資適格 ～サブIG
スーパー・コア
完全契約資産、償却資産
リスク
Super-core infrastructure entails fully contracted, amortizing assets for stable income via long-term contracts, offering a low-risk investment with the potential for high returns. Examples include regulated utilities with government-set tariffs and availability-based public-private partnerships, where the private sector builds and operates assets, assured a minimum revenue level by a public entity.
SUPER-CORE
コア
将来のキャッシュフローがきわめて明確な稼働済みアセット
Core assets, characterized by features such as a monopoly position and stable, critical demand, are already yielding returns with low operational disruption risk in transparent regulatory environments.
CORE
コア・プラス
M&A等による拡大で成長が期待できる稼働済みのアセット
Key assets offer low operational risk in transparent regulatory environments. They typically possess:
CORE-PLUS
Monopoly position: Holding a regional monopoly, these assets wield pricing power and face limited competition in delivering essential services.
Demonstrable demand: With a steady, essential service demand, these assets provide investors with a predictable income source over the long term.
バリュー・アッド
事業または財務上の変更の余地がある稼働済みのアセット、または稼働直前のアセット
These are assets with moderate-to-high risk, undergoing upgrades like capacity expansion, operational changes, or alterations in use to boost market value. Examples include a toll road accommodating more vehicles, a power plant shifting to cleaner fuel, a port modernizing for larger ships, or a data centre expanding storage and processing power, whether on undeveloped (greenfield) or previously developed (brownfield) land.
VALUE-ADD
オポチュニスティック
主に未稼働資産を対象とする投機的キャピタル・ゲイン戦略
These are assets with moderate-to-high risk, undergoing upgrades like capacity expansion, operational changes, or alterations in use to boost market value. Examples include a toll road accommodating more vehicles, a power plant shifting to cleaner fuel, a port modernizing for larger ships, or a data centre expanding storage and processing power, whether on undeveloped (greenfield) or previously developed (brownfield) land.
OPPORTUNISTIC