COVID-19 and a New Global Recession

Dear Rubicon clients, colleagues and friends-

Like you, we are working together to manage the consequences of COVID-19, including the global recession we are now entering.  Nobody knows for sure how long the markets will remain disrupted by the coronavirus spread or how deep and how long this new recession will last. But with multiple offices throughout Europe, Asia and the Americas, we understand first-hand the global impact of the situation and are well prepared and positioned to assist you in navigating through these troubling times.

With the spread of Covid-19, these times are unprecedented and difficult, forcing all of us to address operational challenges responsibly and creatively.  Rubicon has implemented a global business continuity plan enabling its team to continue to operate efficiently within the combined office and remote working environment that is the collective new normal.  While we need to maintain social distance today, our global client and investor network continues to be strong and connected.

Having established Rubicon in the midst of the previous global financial crisis, we are well accustomed to raising liquidity in challenging market conditions. We are continuing to work decisively and proactively to ensure existing opportunities are executed while already discussing with clients creative solutions for new transactions.

In this respect, Rubicon has already closed 10 transactions in 2020 across the core, core plus and renewables sectors, including closing the sale of 2 renewable portfolios in the past week, and is currently leading multiple sale and acquisition processes in Europe and the Americas.

We will continue to monitor global trends and activities in the infrastructure, energy and utilities sectors, and will be reaching out in the coming days and weeks to share our views and market insights.  We are committed to connecting as many of you as we can to each other, to new ideas, and to emerging opportunities.  Our priority is to position ourselves to best assist you in dealing with the prolonged period of market uncertainty that is likely to follow.

We wish you and your families, safety, health and peace of mind.

Conor Kelly
CEO