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The move is the first in Europe by the fund, which last month reached $1.6bn of commitments.
Committee for Sydney says the next set of projects has stalled and urges the state government to take action in order to avoid ‘a one-time infrastructure boom’.
The winning bidder for the North East Link PPP will design and build twin tunnels under the Yarra River and assume responsibility for maintaining a stretch of road for up to 25 years.
The public agency should consider launching a new BOT model to speed up privatisation and tackle its $24bn in debt, ratings agency ICRA says.
The firm will purchase the stake in the availability-based PPP from InfraRed Capital Partners via its Community Infrastructure Fund, taking the size of that vehicle toward A$1bn.
Patrick Mitchell and Matthew Job of Herbert Smith Freehills on what comes next for public-private partnerships in UK infrastructure.
SNC-Lavalin and Skanska have decided to stop bidding for such projects. If other developers follow their example, the entire procurement model might be at risk.
The NZ Infra joint venture will go head-to-head with government entity NZ Transport Agency for the right to act as delivery partner for the multibillion-dollar scheme.
A dispute involving cost overruns, delays and 'weak' concrete has derailed the Great Hall PPP project at Denver International Airport.
Airport PPPs may have been a success but local authorities are still reluctant to transfer other types of assets to the private sector.