Groupe Eurotunnel, the owner of the Channel Tunnel rail link between England and France, has confirmed it is part of a ‘British consortium’ bidding for High Speed 1, the UK’s only high-speed rail line, which runs from London’s St Pancras station to the Tunnel.
Matthew Hudson, formerly of SJ Berwin and Coller Capital, has founded a law firm which will charge fees based on clients’ success rather than billable hours.
The transportation of natural gas has become a major theme in the infrastructure investment universe, as highlighted by the contribution made by two major pipeline projects to the supremacy of energy in InfrastructureInvestor Assets’ sector-focused league table for the second quarter.
The UK rolling stock company has successfully issued a £300m 10-year ‘bullet’ bond and a £500m 25-year amortising bond as part of its debt refinancing programme.
Russia has risen to the top of InfrastructureInvestor Assets’ league table with $12bn of deals closed during the second quarter of 2010 including Nord Stream, Pulkovo Airport and two road concessions.
French rail agency RFF has officially awarded a €7.8bn contract to build and operate a 300-kilometre high-speed rail line connecting the western cities of Tours and Bordeaux.
Goldman and Lexington have reportedly been beneficiaries of the secondaries-focused mandate.
Russia’s €5.5bn Nord Stream Gas Pipeline has topped InfrastructureInvestor Assets’ projects league table for the second quarter of the year. It is the second gas project in a row to top the list, which was headed in the first quarter by Papua New Guinea’s $18.3bn liquefied natural gas development.
The InfrastructureInvestor Assets global league tables for the second quarter of this year show a recovery in the availability of bank debt is gathering pace, with BNP Paribas at the head of the pack.
The Canadian pension has offered to take over the toll road operator – a spin-off from Macquarie Infrastructure Group – for A$5bn. Intoll holds two mature roads including Canada’s 407 ETR. It is CPPIB’s second bid for an Australian-listed toll road operator this year after it failed to acquire Transurban.
The government has launched the tender for the Rio-São Paulo high-speed rail line, set to cost around $18bn. Interested parties have been asked to deliver their proposals by November 29 with the winner to be determined at an auction held on December 16 at the São Paulo Stock Exchange.
The global asset management and advisory firm aims to ramp up direct investments in Latin America, including clean energy infrastructure deals.
Moser, formerly co-chair of Fulbright & Jaworski’s global infrastructure group, has joined rival law firm Bingham McCutchen as a partner in its New York office. He will join Bingham’s energy and project finance group as part of the firm’s strategy of expanding its project finance practice.
Susan Flynn has left her role as co-CIO at fund of funds Hermes GPE. Flynn, who worked alongside Peter Gale, led the firm's secondaries and infrastructure activities.
Almost €25bn worth of transport PPPs and concessions are in the final planning or tendering stages in France, according to a new report. Furthermore, another €32bn of such projects is planned to be launched between 2012 and 2020.