- Bulgaria approves a new draft Concessions Act
- John Laing Environmental Assets raises £35.19 million
- Macquarie’s Asian infra fund acquires road stake in India
- Post Oak Energy Capital closes third fund with $600 million in commitments
- MegaProject 703: Shikun & Binui reports Financial Closing of road project in Colombia
- Amtrak seeks developer for Chicago’s Union Station
Amtrak, US’s intercity passenger rail service and its high-speed rail operator, has launched a request for qualification (RFQ) to select a Master Developer for commercial elements of Chicago Union Station (CUS) and neighboring properties.
|Date modification||Project||Country||Value ($MM)||Current Stage|
|May 31, 2016||Vadodara-Halol and Ahmedabad-Mehsana road PPP project||India||117.08||Project in operation|
|May 31, 2016||East Cundinamarca bypass concession||Colombia||640.00||Financial close|
|May 31, 2016||Chicago Union Station (CUS) PPP project||USA (United States of America)||Project in tender|
|May 31, 2016||A14 Vilnius - Utena highway PPP project||Lithuania||88.99||Project in planning|
|May 30, 2016||Wuzhong - Zhongwei rail PPP project||China||2,073.43||Project awarded|
|May 30, 2016||Smart City Pan PPP Project in Bhopal||India||Project in tender|
|May 30, 2016||Line 5 of Kunming Rail Transit PPP project||China||3,251.54||Project awarded|
|May 30, 2016||Dholera International Airport PPP project||India||Project in planning|
|May 30, 2016||Denver International Airport Great Hall redevelopment PPP project||USA (United States of America)||Project in tender|
|May 30, 2016||4th Mainland Bridge PPP project in Lagos||Nigeria||Project in planning|
|May 27, 2016||Virginia Interstate 495 Express Lanes PPP project||USA (United States of America)||2,068.00||Project in operation|
News and Projects by Country
Click a country on the map to get access to infrastructure/PPP news and PPP projects in the selected country.
Funds & Investments News
John Laing Environmental Assets Group Limited (JLEN) has achieved to raise gross proceeds of £35.19 million (US$51,4 million). The company raised this amount issuing 36 million ordinary shares of no par value in the Company at the price of £0,9775 (US$1.43) per Ordinary Share pursuant to its existing placing programme.
|Manager Location||Infrastructure Fund||Stage||Closing Amount (US$ MM)|
|USA (United States of America)||Post Oak Energy Partners II LP||Fully invested||600.00|
|USA (United States of America)||Post Oak Energy Partners III LP||Investment||600.00|
|USA (United States of America)||RARE Global Infrastructure Value Fund||Fundraising|
|France, Luxembourg, Switzerland||Ginkgo Fund II||Fundraising|
|Australia||Lighthouse Solar Fund||Fundraising|
IL&FS Transportation Networks Limited (ITNL) has signed a definitive agreement with Macquarie’s Asian infra fund (MAIF) for sale of a 15% stake in Gujarat Road and Infrastructure Company Limited (GRICL).
|Modification date||Transaction||Country||Transaction value (US$MM)|
|May 31, 2016||IL&FM sells 15% stake in Gujarat Road||India||16.30|
|May 30, 2016||WSP acquires Sweett group||UK (United Kingdom)||35.08|
|May 27, 2016||Landbridge Group acquires the port on the Margarita island||Panama|
|May 25, 2016||Standard Chartered PE acquires Korean water services firm||South Korea|
|May 25, 2016||Infracapital acquires 80% stake in Italian PPP portfolio||Italy|
People & Companies News
Allianz Global Investors has recently announced that Deborah Zurkow, CIO and Head of Infrastructure Debt, is to take on a new, broader role, becoming head of the Alternatives pillar within its global investment platform. Deborah will join AllianzGI’s Global Executive Committee, effective 1 June 2016.
|Australia||Sydney||Analyst, Deal Advisory||May 30, 2016|
|Australia||Camberra||Analyst, Infrastructure & Projects Group||May 30, 2016|
|Canada||Mississauga||Consulting Analyst||May 30, 2016|
|Canada||Toronto||Analyst, Private Equity||May 30, 2016|
|Canada||Toronto||Senior Associate, Infrastructure (II)||May 30, 2016|
|Philippines||Mandaluyong||Principal Public-Private Partnership Specialist||May 27, 2016|
|Australia||Brisbane||Finance Manager – New WA & Victoria Schools PPP Project||May 27, 2016|
|UK (United Kingdom)||London||Secondary Funds Investment Specialist VP||May 27, 2016|
|UK (United Kingdom)||London||Global Infrastructure Fund seeks Investment Associate||May 27, 2016|
|UK (United Kingdom)||London||Business Development Associate/Senior Associate||May 27, 2016|
The Bulgarian government approved a new draft Concessions Act on May 25, 2016. Now it has to be adopted by the Bulgarian parliament. The new document will replace the current Concessions Act in its entirety, and will revoke the existing public private partnership (PPP) Act.
Corporate Finance News
Abertis has closed a 10-year, €1.15 billion (US$1.3 billion) bonds issue maturing in May 2026, which is the biggest corporate bond issue in the company’s history.
|Country||Company||Type of Company|
|UK (United Kingdom)||John Laing||Contractor, Infrastructure Developer, O&M Provider|
|USA (United States of America)||Post Oak Energy Capital||Investment Advisor, Investor|
|South Korea||Shikun & Binui Holdings||Contractor, Infrastructure Developer, O&M Provider|
|Luxembourg||European Investment Bank (EIB)||International Development Bank|