The French developer is the preferred bidder to maintain several hundred kilometres of roads and pavement across the London Borough of Hounslow. Vinci is also in the final stages of a similar, £1.2bn PFI deal in the Isle of Wight.
The UK-based developer, which has carved out a successful niche in the sector, has reached financial close on the $362m Western Group Housing Privatisation Project. The deal involves building military homes in California, Wyoming, Montana and Missouri.
Christopher Casey and Emily Foshag have joined Franklin Templeton Real Asset Advisors as institutional portfolio manager and investment manager respectively. A long-established real estate manager, Franklin Templeton expanded into infrastructure and real resources in 2010.
The biggest selling point of the UK government’s new pension initiative seems to be that it will allow schemes to invest in UK infrastructure paying no more than 0.5% in management fees.
The US-headquartered private equity firm has teamed with Spanish solar company FRV and Spanish private equity firm Qualitas Equity Partners to make over $190m of investments in solar energy projects globally.
US Energy Supplement 2012-03-06 Staff Writer <p>This exclusive report highlights key developments in US energy infrastructure investment. It features a discussion with Michael Miller of Highstar Capital and Robb E. Turner of ArcLight Capital Partners, plus a Q&A with Billy Lemmons, managing partn
ICICI Bank, Bank of Baroda, Citigroup and Life Insurance Corporation of India are backing the country’s first infrastructure debt fund, which will seek to raise up to $2bn to deploy to PPP projects. India is looking to spend $1trn refurbishing its infrastructure over the next five years.
Sergio Ronga (pictured), head of the UK and European infrastructure debt advisory team at Macquarie Capital until the end of February, has become the third managing director in the debt advisory group at DC Advisory Partners.
The Caribbean island’s PR22/PR-5 toll road PPP, led by Abertis and Goldman Sachs Infrastructure Partners, picked up three of the 45 awards up for grabs in our 2011 reader poll. Firms collecting two awards included Kohlberg Kravis Roberts, Vinci and BBVA.
The French infrastructure fund manager is the frontrunner to buy a minority stake in Veolia Transdev – a global leader in public transportation – from utility Veolia.
Bilfinger Berger Global Infrastructure, which recently raised £212m on the London Stock Exchange, has added to its seed portfolio with the acquisition of the Victoria Prisons PFI/PPP. Following an earlier healthcare deal, the firm says the Australian element of its portfolio is now complete.
The UK’s spending watchdog thinks PFI equity returns may have been inflated over the years.
G4S, billed as the world’s biggest security company, has teamed up with the Lincolnshire Police Authority to build and run a police station. The £200m, 10-year contract will outsource several services to G4S, including custody services, and is ‘the first of its kind in the UK’.
Is infrastructure too geared towards long-term holds for a meaningful secondaries market to evolve? There is growing evidence to the contrary
The World Bank Group member and the UK’s Department for International Development have signed a memorandum of understanding to develop public-private partnerships in poor countries across Africa and South Asia.