M&A activity in the oil and gas sector reached the highest first-quarter level in terms of deal volume in more than a decade, according to PwC.
US Transportation Secretary Anthony Foxx unveiled the Grow America Act, a bill based on President Obama’s proposed $302bn surface transportation reauthorisation.
The proceeds will be used to acquire additional assets for the social infrastructure fund, which is now invested in assets worth around $1.2bn.
.jpg "Sold to the highest bidder")
Highly successful recent auctions will help Australian states drive through privatisation programmes.
The construction of the 60km stretch of road will involve more than €300m of debt provided by Bank of Ireland, the EIB, Natixis and Société Générale.
The London-based developer will provide 70% of the equity involved in the $320m hospital deal.
The German fund manager has now committed around €200m to six investments in Germany, the UK, Ireland and France.
A fund managed by Hastings Funds Management has teamed with China Merchants to win the long-term lease in a A$1.75bn deal.
Mahmood Hashim Al Kooheji, chief executive of the Gulf-based investor, will join the Russian fund’s board of international advisors.
Jakarta has shortlisted three airports for the first auction, as part of a plan to increase its spending on aviation infrastructure by up to six-fold over the next five years.
Michael Wilkins and Oliver Herbert of Standard & Poor’s explain why demand for high-yielding assets in the UK will remain following the Chancellor’s move on annuities.
.jpg "John Laing opens New York office")
As part of an expansion into the US, Anthony Phillips will become the UK firm’s head of North America.
The Washington State Investment Board has approved an allocation of up to $150m in the Fortress Worldwide Transportation and Infrastructure Investors fund.
The Swiss asset manager has committed more than $280m to solar projects in the US, fully deploying capital from its US Solar Energy Fund.
A consortium including subsidiaries of the Spanish developers has won a lucrative concession contract for two metro lines in Lima.