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With Host Professor Joseph Schofer of Northwestern University.

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Ohio River Bridges East Crossing Photo courtesy of the Louisville and Southern Indiana Bridges Authority.
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Private Financing for Public Infrastructure

Posted November 26, 2018, Length: 21:21

Both policy makers and investors are supporting the increased use of private funds to finance new and renewed public infrastructure. This sounds like a good idea, but is it realistic? How do these public private partnerships, called P3s, work? What are their advantages and risks? To teach us more about P3s, we talk with David Pennington, managing director at BMO Capital Markets, who guides both public agencies and private investors on the path to P3s for infrastructure.

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Descriptions of photos at top of page, from left to right:
Bayonne Bridge, from Bayonne, NJ to Staten Island, NY; the Tom Moreland Interchange in Atlanta, GA; Dworshak Dam, in Clearwater County, ID; a transmission substation in Orem, UT.
All photos courtesy of Wikipedia.