North Queensland Airports, which operates two Australian airports and is majority-owned by institutional investors advised by JP Morgan Asset Management, has secured the refinancing from a club of five banks.
In a bet on the Iberian Peninsula’s growing demand for hydropower energy, the infrastructure fund manager led the acquisition of Renewable Power International, an operator of 17 mini-hydropower plants across Spain and Portugal.
A possible legal challenge is brewing as unions rage against UK job losses stemming from the award of a train PFI contract to a Siemens-led consortium.
Three consortia including Lend Lease, Infrared Capital and Macquarie Capital will now receive a request for binding bids to determine the winner for the 450-bed hospital. But a political faction in Queensland wants to cut the hospital’s price tag by A$400m.
The Philippines finance secretary has insisted that the country’s public-private partnership programme remains on track, despite the deferral of the Aquino administration’s first planned PPP last month.
The Public Private Partnership Approval Committee has given the green light to six new highways across India worth a combined $2.2bn. India has one of the world's largest roads refurbishment programmes said to total $50bn when completed.
A report has been produced recommending Camden Council’s opposition to the planned £33bn High Speed 2 rail line linking London to Birmingham, Manchester and Leeds. The report is to be discussed by a cabinet meeting of Camden Council on 20 July.
An auction on Monday failed to attract any bidders for the 511km high-speed rail link between Rio de Janeiro and São Paulo. But the government is undeterred and has decided to split the auction into two distinct phases with construction now earmarked to start in 2013 at the latest.
The public-private partnership investor has raised about A$745m from three banks and has chipped in A$116m of its own equity to finance the construction and maintenance of 3,020 accommodation units at 14 defence facilities across Australia.
The non-binding proposal from the Hong Kong-based investor values Northumbrian Water at 465 pence in cash for share. Cheung Kong is now conducting due diligence, but it must sell another UK utility it owns, Cambridge Water, before tabling a firm offer for Northumbrian Water.
The Gulf emirate has successfully syndicated a dual-currency, six-year debt instrument backed by future tolls collected through the Salik electronic toll collection system.
The Canadian fund manager has committed a $10m loan to the Jordan-India Fertilizer Company to finance construction of a new $186m plant in Jordan that will produce fertilizer for the Indian market.
The Port Authority of Genoa is selling its 60% shareholding in Genoa airport and is requesting expressions of interest from the private sector by July 22. The sale is expected to be concluded in late November.
Infrastructure fundraising is struggling to recover – and the problems of the Eurozone are a contributory factor
Australia´s New South Wales government has issued a call for expressions of interest from the private sector to maintain and operate Sydney Ferries. A consortium of Transfield Services and Veolia Transdev has already said it will bid for the contract.