EIX was established to address the USD2tn annual gap of unfunded infrastructure projects globally. This gap is expected to grow despite the trillions of institutional and professional funds seeking direct investment into infrastructure.

Our mission is to narrow this gap by creating liquidity, providing transparency in pricing and improving the analysis of project finance risk for professional Investors.

Primary Market

The Primary Market enables Project Sponsors (Issuers) to raise debt for infrastructure and development projects through a competitive auction.

EIX uses a wide definition of infrastructure. Projects with contracted revenues and assets that can be held in a Special Purpose Vehicle (SPV) can usually be funded. This includes traditional infrastructure classes such as energy, transport and social infrastructure as well as infrastructure-adjacent assets such as industrial developments and regeneration projects.  

Projects funded through the Primary Market use standardised due diligence and legal documentation to reduce time to market. The standardisation of financial data and documentation makes it easier for Investors to make decisions.  

Secondary Market

The Secondary Market, operated by Aquis Exchange PLC provides Investors with a single venue to sell-down or buy-into existing Project Bonds using market-established prices set through regular auctions.

The Secondary Market does two things. It provides an efficient market for investors in Project Bonds to exit, thus de-risking investment in new issuances. It also provides a pool of established infrastructure Project Bonds into which Investors can take direct positions and build a diversified portfolio. 


EIX’s trading platforms are operated under license by Aquis Technologies, a publicly-listed company. This partnership creates a venue for Project Bonds that includes a matching engine, market surveillance and analytics.

Executive Team

Professor Ian Reeves CBE


Ian’s role as Chairman is to help set and implement the Group’s direction and strategy.

Ian is Chairman of GCP Infrastructure Investments Limited, a listed FTSE 250 company and visiting Professor of infrastructure investment and construction at Alliance Manchester Business School. He is the Senior Partner and co-founder of Synaps. He was the founder and Chairman of the High Point Rendel Group PLC.

Ian’s 50-year career has seen him in a number of senior roles as well as Chairman of the London regional council of the CBI and other public and private bodies. Ian currently holds a number of other directorships and was awarded his CBE for services to business and charity.

Mark Worrall

Chief Executive

Mark is Chief Executive of Estates and Infrastructure Group and oversees the strategy and development of all Group businesses including Estates and Infrastructure Exchange, Estates and Infrastructure Data and Estates and Infrastructure Advisory.

Multi-lingual entrepreneur Mark began his career at Thomson Reuters, holding a number of senior management roles before moving to Algorithmics, specialising in enterprise risk, as director responsible for European expansion.

He founded Expand Consulting, providing intelligence, business development and decision support services globally, acquired by Boston Consulting Group. He was also MD of Route Group, a wealth club, and in 2008 he founded Propel Capital Partners, which raised funds for corporates and projects.

Mike Blakey

Chief Financial Officer

As well as his role as EIX’s Chief Financial Officer, Mike also advises on the development of the trading platform.

Mike brings more than 30 years of experience in senior positions at some of the world’s leading financial institutions including HSBC, Thomson Reuters and FTSE.

Through his work, he is an acknowledged expert in bonds, currency baskets, forex, equities, algorithmic trading and complex event processing.

Colin Johnston

Chief Risk Officer

Colin is EIX’s Chief Risk Officer and oversees the identification and mitigation of risk across the Group’s companies.

Over a 30-plus year career Colin has held a number of senior risk roles in leading financial institutions including Barcap and BNY Mellon. Colin has a PhD in laser physics from the University of St Andrews and retains an active interest in science and the use of technology. His expertise and experience involve close liaison with regulators and supervisors on prudential and conduct issues.

Environmental and Social Policy

EIX is committed to addressing two pressing issues: the unprecedented climate change challenge and the infrastructure needs of global citizens in the developing world.

EIX work with global organisations including the UN, World Bank and Climate Bonds Initiative to ensure projects funded through EIX contribute solutions.

We do this by:

  • Issuing Green Bonds
  • Requiring that all projects are assessed against and understand their impact on the 1.5C temperature ceiling as per the Paris Climate Agreement
  • Requiring that all projects funded through EIX that involve construction, forbid the use of undocumented workers