The budget has been allocated to the Small Communities Fund to build 26 infrastructure projects throughout the province.
The plan from Fluor Enterprises would convert the city’s Orange Line from a bus rapid transit, an endeavour priced at $1.2bn by the Metro authority in an earlier study.
Removing a federal cap on local user fees could allow airports to meet their needs without additional government funding, a report by Airports Council International has found.
Charles Donovan, director of the Centre for Climate Finance and Investment at Imperial College London, and Simon Wilde, senior MD at Macquarie Capital, explain why investors need to take immediate action to insulate their portfolios against climate change.
Investment income for the year was $6.6 billion compared to $3.1 billion in 2015.
The two direct investors are set to pay over £1.3bn for 26% of the UK’s largest water utility, the third asset to be exited by Macquarie’s second European fund.
The plan running up to 2025 involves joint cash injections from both the government and the private sector’s network operators.
The London-based firm will target real estate, infrastructure and renewables debt through strategies including secondaries and co-investments.
The manager of the UK-listed wind fund has set up an Irish counterpart just a few months after unveiling a solar investment vehicle.
The amount of financing the government-run renewables financier has pledged to such projects has now exceeded its initial $190m target.
A group of nine infrastructure projects is ready to issue securities on the Shenzhen and Shanghai stock exchanges to tap public markets as a source of funding.
The investment firm has already raised at least $700m for the vehicle.
The purchase comes a month after the Canadian pension manager sold its 50% stake in a UK-based water firm.
Anbaric Development Partners will focus on building clean energy transmission and micro-grid projects in North America.
However, strong rainfall predicted this year on the American West Coast could again make hydroelectric the most productive renewables source in the US, says the EIA.