Quoted in Inframation News: Michael Pikiel Weighs in on Infrastructure Spending Boom

Michael Pikiel, co-chair of Winston’s Energy & Infrastructure Industry and Project Finance practice groups, was recently quoted in an Inframation News article titled “Government Spending Burt Unleashes Global Infra Lobby.”

The article discusses the anticipated impact of the current boom in infrastructure spending plans. In addition to the United States, the European Commission, the UK, Australia, and India have all launched major infrastructure spending initiatives that are poised to expand the role of private investment in infrastructure projects. In the United States, the Infrastructure Investment and Jobs Act (IIJA) and the additional billions of dollars of additional spending it will provide will “likely create more P3 opportunities in the U.S. through the additional spending and new projects created by the bill alone,” said Mike. He goes on to comment that “Congress has, for a really long time, recognized the important role of private investment in infrastructure. This is not something to be overlooked, as it signals acceptance of the idea.”

Read the full Inframation News article here (subscription required).