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Abu Dhabi’s $2.7bn Mafraq-Gwheifat highway – the Gulf emirate’s first road PPP – attracted final bids from four of the five original bidders. A winner is expected to be announced in the second half of this year.
The Natixis-sponsored fund raised its total commitments to €600m at the end of 2009, adding a new institutional investor. A final close of €1bn is targeted for the first half of this year.
The Marathon of Marathons aims to raise €2.5 million for children’s charities via 250 runners in the 2010 Athens Marathon. PEI - with some help from Ewan McGregor - looks at why GPs, LPs and affiliates will run in the 2,500-year-old footsteps.
The Sub-Saharan Africa-focused fund has attracted commitments from CDC and IFC. It will invest around 50% of its capital in infrastructure-related projects.
The private equity firm has closed its fund at $150m, reaching its original target size. The fund will target infrastructure projects in Central America, Mexico, Colombia and the Dominican Republic.
The Swedish fund has seen off competition from Infracapital Partners to acquire the gas utility. Swedegas is the fund’s third acquisition - and its first in Sweden - for which it is understood to have paid around €200m.
Infrastructure news from around the world
Maiden renewable fund will target solar and waste energy projects across Europe, the Middle East and North Africa.
A new €21m loan will pay for the construction of the Mahovljani Interchange, the 'missing link' in the new Banja Luka-Gradiska road linking the second-largest city in Bosnia-Herzegovina and the pan-European transport network.
The London-listed public and social infrastructure investor will use the money to finance acquisitions over the next six to 12 months.
A possible sale appears to be another step in winding down Santander’s second infrastructure fund, which halted fundraising in the fall. Santander decided against launching the €1.5bn fund due to adverse market conditions.
The Swiss alternatives manager has more than doubled the size of its previous global secondaries fund, closed in 2006.
The four projects were held in a joint venture with BAM PPP, which has now sold its remaining 50% stake to DIF.
The €33m deal will see the Natixis-sponsored infrastructure fund acquire a 30% stake in renewable energy developer Boralex’s European business. Cube recently reached a second close on €500m for its fund and is targeting €1bn overall.