As the UK PFI market matures and more projects reach their operational phase, much has been said about the development of a secondary market for equity stakes in operational PFI projects. What are the drivers of an equity secondary market and is it a natural progression of PFI? If there is to be considerable movement within equity ownership of PFI projects, can one expect a similar development in Australia once its PPP primary market is sufficiently mature?
"Secondary markets: A natural progression of the PPP market in Australia or simply a UK phenomenon?,"
Public Infrastructure Bulletin: Vol. 1
, Article 3.
Available at: http://epublications.bond.edu.au/pib/vol1/iss5/3