Guggenheim Securities Publishes 2025 Infrastructure Year in Review

A comprehensive report on the trends and transactions that defined the infrastructure landscape last year, including macroeconomic forces, the AI revolution, energy resiliency, industrial transformation, and global markets

Guggenheim Securities Investment Banking recently published its inaugural Infrastructure Year in Review for 2025 — a comprehensive report on the trends and transactions that defined the infrastructure landscape last year, including macroeconomic forces, the AI revolution, energy resiliency, industrial transformation, and global markets.

This 2025 Infrastructure Year in Review highlights the depth of sector coverage that Guggenheim Securities team has and the breadth of the firm’s activity during the past 12 months – from landmark advisory mandates for the world’s leading infrastructure companies and funds, to innovative structured credit solutions.

The publication also delves into recent developments and future expectations across the telecom and digital infrastructure; energy, power & energy transition; industrials; services; and financing & capital markets sectors.

Chapters outlined in the Table of Contents include:

Macroeconomic and Industry Perspectives
•    2025 Year in Review
•    The Decisive Decade
•    The Return of the M&A and Fundraising Market
•    Growth in Private Capital Partnerships With Large Corporates

Digital
•    AI and Digital Infrastructure
•    Broadband Infrastructure
•    The New Infrastructure Frontier: Space

Energy, Power & Energy Transition
•    The Return of Power Demand Load Growth
•    Meeting Near‑Term Electricity Demand Growth
•    Utility Capital Budget Expansion for Growing Power Demand
•    Building Long-Term Firm Capacity
•    U.S. Midstream Energy Infrastructure
•    Waste & Waste-to-Value: Drawing Significant Interest

Industrials 
•    Specialty Rental & Leasing—an Essential Service
•    Transportation
•    Utility & Infrastructure Services
•    Government Spending on Defense Growing

Financing & Capital Markets
•    Asset-Backed Securities Market Review
•    Infrastructure Restructuring Persists Despite Robust Markets
•    Growth of Secondary Infrastructure Fund Capital
•    DPI of Infrastructure Funds Continues to Lag
•    Private Capital Markets Review
•    Fundraising Market Robust to End the Year

Authors of the book’s introduction struck an optimistic tone when assessing prospects for growth in the infrastructure sector, which experienced four of the 20 all-time largest private infrastructure M&A transactions in 2025.  

“It is clear that we are navigating one of the most transformative periods in recent economic history,” wrote senior leaders of Guggenheim Securities. “We all enter 2026 from a position of record strength, with the United States economically more robust and more accustomed to a volatile geopolitical picture. For both our strategic corporate clients, and our financial sponsor clients, this economic environment combined with the strong capital markets has provided a fertile backdrop for growth and strategic activity.”

For more information about the 2025 Infrastructure Year in Review, email Guggenheim Securities .