The UBS International Infrastructure Fund together with CDC Infrastructure has bought a 9.4% stake in Gassled – the owner of the world’s largest offshore gas transmission system – from ExxonMobil.
Editor of PERENews, Jonathan Brasse, and PEI Media sales and marketing chief, Paul McLean, will be running the London Marathon this year on behalf of Downsed, a charity which provides educational support to young people affected by Downs Syndrome.
The latest fundraising figures are encouraging - and point to a new trend in the way managers are raising capital.
The Flemish authorities have recently published tenders for two new roads worth over €600m including a new ring road in the Bruges region and part of a highway crossing the country from north to south.
The latest fundraising figures are encouraging - and point to a new trend in the way managers are raising capital.
HSBC is set to receive indicative offers for the sale of its UK rolling stock leasing company by the end of this week. A consortium of 3i, Morgan Stanley and Star Capital is pegged as the frontrunner but a source says the sale “is not a one-horse race”.
New Zealand’s Conservative government announced today that its first PPP will be a 1,000-bed male prison in Wiri, in south Auckland. Expressions of interest will be requested by the end of this year with proposals due in by mid-2011.
The Canadian energy firm has signed a definitive sale and purchase agreement to acquire Deutsche Bank’s solar assets in Italy for €10m plus a deferred payment of €1.5m.
Infrastructure Investor Assets, Infrastructure Investor’s companion database, unveils its inaugural league table of the first quarter’s top infrastructure projects. Papua New Guinea’s $18.3bn liquefied natural gas development tops the list.
The unlisted vehicle will primarily focus on providing junior debt for infrastructure projects around the globe. Fundraising is due to start soon with AMP Capital targeting a final close of between €700m and €1bn.
The editorial team of InfrastructureInvestor.com takes a look at the top ten insights garnered at Infrastructure Investor: Europe 2010 forum in Berlin.
The Macquarie Capital/Old Mutual Investment Group reached first close with over $300m in commitments for their African Infrastructure Investment Fund 2. The fund will target investments in sub-Saharan Africa including roads, airports, power, rail and ports, among others.
Ambitious plan aims to kick-start the economy by tendering €17bn of PPPs over the next year-and-a-half. Rail tenders will make up 70% of that amount with the remaining 30% comprising road projects. Most of the new tenders will be for greenfields with the EIB and Spain’s ICO to have a crucial role in funding them.
The editorial team of InfrastructureInvestor.com takes a look at the top ten insights garnered at Infrastructure Investor: Europe 2010 forum in Berlin.
Portugal’s Court of Auditors has unblocked the concession contract for one of the roads that forms part of the country’s €5bn roads programme - after it rejected all of the concession contracts already awarded. But the solution may not be applicable to all the other rejected contracts.