PPP: Public Private Partnership

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Definition

A public private partnership, or PPP, refers to the design, construction, operation and financing by the private sector of projects or facilities for public use, such as hospitals, port facilities, water treatment plants or schools. The public entity using PPP can be a national government, a local authority or a public institution. PPP makes it possible for public entities with limited borrowing capacity to expand their access to capital.

The operator of a PPP is remunerated by a rent paid by the public entity over a period defined by the contract. PPP financing can be in the form of equity, bank debt or bond issues. The public may also provide guarantees or subsidies in order to limit the amounts or risks.

Advantages for the client

-    known cost with the possibility of transferring some risks to the private sector
-    benefit from the expertise of third parties in the private sector
-    opportunity to benefit from operational gains
-    guarantee on completion times

The first PPPs were launched in the United Kingdom in 1992 (Project Finance Initiative).

Our latest news and insights

Reviving Water: Sustainable Solutions for a Scarcity-Stricken Future
By Yannick Ouaknine, Head of Sustainability Research at Bernstein, and Virgile Haddad, Sustainability Analyst at...
Expert views
By Yannick Ouaknine, Head of Sustainability Research at Bernstein, and Virgile Haddad, Sustainability Analyst at Bernstein.
Reviving Water: Sustainable Solutions for a Scarcity-Stricken Future
Supporting a family-owned agribusiness in its strategy to become a global pharma leader
Founded over 90 years ago, Roquette is a French family-owned global leader in plant-based ingredients and a leading...
Clients' successes
Founded over 90 years ago, Roquette is a French family-owned global leader in plant-based ingredients and a leading provider of pharmaceutical excipients. With a long-term vision, Roquette undertook its first public issuance in 2024 and executed the largest acquisition in its history in 2025 to establish itself as a leader in the pharmaceutical sector. Societe...
Supporting a family-owned agribusiness in its strategy to become a global pharma leader
The €14 trillion question: Can Europe finance its own future? (ft Anne-Christine Champion)
Europe, once the driving force of global progress, gave birth to the Industrial Revolution, Enlightenment ideals,...
Podcasts
Europe, once the driving force of global progress, gave birth to the Industrial Revolution, Enlightenment ideals, innovative scientific discoveries, and a cultural renaissance that shaped modern civilization. However, today, amid trade wars, geopolitical crises and industrial and technological advancements, Europe finds itself at a critical crossroads.
The €14 trillion question: Can Europe finance its own future? (ft Anne-Christine Champion)
More results google link