A long-term equity stake, as proposed in the original framing back in the fall 2016 economic statement, is exactly along the lines we were talking about, a long-term operate-and-maintain role for institutional investors. I very much see the idea of this infrastructure bank to get to that core issue during construction, which Andy mentioned. P3 providers may not be thinking long term. With an equity stake, they absolutely can be.
On May 16th, 2017. See this statement in context.