Infrastructure investors are operating across a broader capital structure, from senior debt and mezzanine financing to core/core-plus equity and platform ownership. As financing costs, regulation, and long-term demand reshape the sector, investors are focusing on disciplined underwriting, downside protection, and durable cash flows across essential assets. How are infrastructure investors allocating between debt, equity, and hybrid capital? Where is risk-adjusted value strongest across the infrastructure capital structure? How are investors underwriting long-duration assets in a higher-cost financing environment? Which sectors offer the strongest balance between income resilience and growth? How are managers protecting downside while continuing to deploy capital?