.jpg "Queensland advised to sell energy assets")
A Commission of Audit has recommended electricity sales as the way for the Australian state to win back its triple-A rating.
Ouma Sananikone has joined the Macquarie Infrastructure Company board of directors. Sananikone is a highly regarded businesswoman in Australia.
The German infrastructure group will sell its facilities management services in addition to a potential divestment of its airports unit and the ongoing sale of Leighton’s telecom assets.
The city council of Regina, in the Canadian province of Saskatchewan, will have P3 Canada’s help in upgrading its wastewater treatment facility.
The winning consortium – which also includes Hochtief, Royal Boskalis Westminster and VolkerWessels – was backed by a club of nine banks.
A P3 for the Luis Munoz Marin International Airport has reached fianncial close just as Federal Aviation Administration approved a $2.5bn for a 40-year lease.
In Australia’s second-largest state, the ruling Liberal National party has unveiled a blueprint for the health sector which calls for more private sector involvement.
Enrique Fuentes has joined Bastion Infrastructure Group as partner. Fuentes is noted for his 13-year stint with Cintra and Ferrovial.
The Turkish Prime Minister said the winning consortium’s offer for the privatisation of close to 2,000km of roads, including Istanbul’s two suspension bridges, was too low.
The French developer closed the acquisition of Portugal’s 10 airports and announced it has exclusive rights to negotiate the construction and operation of a future Lisbon airport once the current one reaches capacity.
The International Finance Corporation has mobilised a $375m loan for the expansion of a Nigerian fertiliser production facility – a project which also includes the development of an 84km pipeline.
The Greek government is inviting interested parties to step forward and bid for the sale of a 51% stake in the Thessaloniki Water Supply and Sewerage company. The government currently owns 74% of the utility.
The UK’s Pensions Infrastructure Platform has announced that two more pensions have signed on the dotted line, meaning it now has £1bn of firepower to invest in the asset class. The London Pension Fund Authority and Lloyds TSB are the latest members.
Bernardo Sottomayor, a managing director at RREEF Infrastructure, has become the latest member of the team to depart Deutsche Bank. Sottomayor joins Antin Infrastructure as a partner.
LPs in RREEF’s second infrastructure fund asked for the €620m they had committed at first close to be returned to them following the aborted sale of Deutsche Bank’s alternatives business.