The private sector will be invited to put forward completely new projects or bid for identified projects where no feasibility study has been done.
Tank & Rast has been sold by Terra Firma and RREEF Infrastructure to a group of four institutional investors.
Despite growing bipartisan support, US Congress was unable to agree on more than a three-month reauthorisation of the federal highway funding programme.
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The UK pension platform has made senior hires as it seeks to become a direct investor on behalf of its members.
The Australian asset manager has raised more than A$1bn from a pool of institutional investors for both fund and co-investments.
The Macquarie Capital managing director and government expert will stay on at the firm for a further few months in a consulting role.
The US firm's debut vehicle closed on $1.65bn less than two years ago thanks to commitments from Washington, New Mexico, Oregon and Virginia pensions.
Bluefield has postponed its €400m solar fund float just one week after NextEnergy Capital delayed its €500m listing for later this year.
New York-listed Legg Mason intends to expand the Australian manager’s client base in the US, Asia and Europe.
London-listed HICL sold its majority stake in Colchester Garrison to Allianz, the PIP and Dalmore Capital in February.
The South African firm has sealed a final close on its latest fund after enlisting the support of domestic, regional and global institutions.
The US firms are set to acquire ExteNet, an owner and operator of small wireless towers.
The Italian firm has raised more than €1.2bn for the three-year-old vehicle with about 40% of commitments coming from international LPs.
The selected teams will have the chance to submit proposals for I-70 East, a high-profile toll road expansion scheme in Colorado.
.jpg "Ares, Kayne in $2.55bn merger")
The deal will create an alternative asset powerhouse with $113bn under management.