SIMCo, Investec Partner on U.K. and European Infrastructure Credit Deals
Sequoia Investment Management Company and Investec have agreed to co-underwrite and co-arrange energy and infrastructure transactions across the U.K. and Europe, forming a partnership designed to channel greater institutional capital into infrastructure credit while enabling larger financing commitments for borrowers.
SIMCo, which has deployed more than $7 billion in infrastructure credit since 2010, will contribute structuring expertise and capital deployment capabilities under the arrangement. Investec will bring its sponsor relationships, origination platform, and arranging and syndication experience.
The partnership comes against a backdrop of significant infrastructure financing need. The U.K. faces an estimated £700 billion infrastructure funding gap, while the broader European shortfall is approaching €1 trillion annually, the firms said.
“Investec will be able to leverage this partnership to support clients on larger financing transactions while providing greater execution certainty,” said Anupam Sharma, head of energy and infrastructure finance for U.K. and Europe at Investec. “It also broadens the pool of capital available for mandates where scale, speed, and sector knowledge are essential.”
Investec’s energy and infrastructure finance team delivered £1.3 billion of financing across balance sheet commitments and debt advisory mandates in the U.K. and Europe over the past year, covering power, energy transition, transportation, logistics and digital infrastructure.
