- HRADF relaunches tender for the sale of a 66% stake in DESFA
- Ferrovial places a 500 million euro 8-year bond at a 1.375% coupon
- Bermuda Airport achieves financial close
- MegaProject 892: Sacyr Concesiones signs road PPP in Paraguay
- Six firms shortlisted for Oman desalination project
- Canada Pension Plan Investment Board, GIC and The Scion Group acquire US student housing portfolios for US$1.6 billion
Aecon Group has announced that it has achieved commercial and financial close on the L.F. Wade International Airport Redevelopment Project in Bermuda.
|Date modification||Project||Country||Value ($MM)||Current Stage|
|Mar 23, 2017||Rv 3 and rv 25 Ommangsvollen–Grundset/Basthjørnet PPP road||Norway||401.73||Project in planning|
|Mar 23, 2017||Corbeil-Essonnes administrative centre PPP project||France||16.20||Project in tender|
|Mar 23, 2017||Construction and operation of Road 2 (Asunción - Coronel Oviedo) and Road 7 (Coronel Oviedo - Caaguazú)||Paraguay||520.00||Project signed|
|Mar 23, 2017||Bermuda airport terminal PPP project||UK (United Kingdom)||Financial close|
|Mar 22, 2017||Water desalination plant PPP in Khasab||Oman||Project in tender|
|Mar 22, 2017||Pamplona - Cucuta road PPP project||Colombia||Project in tender|
|Mar 22, 2017||Michiel Adriaan de Ruyter PPP barracks in Vlissingen||Netherlands||Project in tender|
|Mar 22, 2017||Kabd waste-to-energy plant||Kuwait||Project in tender|
|Mar 21, 2017||Salvador - Deputado Luis Eduardo Magalhaes airport concession||Brazil||641.49||Project awarded|
|Mar 21, 2017||Porto Alegre Salgado Filho International Airport concession||Brazil||467.22||Project awarded|
|Mar 21, 2017||Port of Wilmington PPP project||(USA) United States of America||Project in tender|
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
Copenhagen Infrastructure Partners (CIP) has initiated the fundraising process for its new fund, Copenhagen Infrastructure III, which will now be open for investor subscription.
|Manager Location||Infrastructure Fund||Stage||Closing Amount (US$ MM)|
|Denmark||Copenhagen Infrastructure III||Fundraising|
|Belgium, Netherlands||European Projects Investment Company (EPICo)||Fundraising||96.10|
|Luxembourg||Infranode I investment platform||Fundraising||212.88|
|Netherlands||DIF Core Infrastructure Fund I||Fundraising||229.63|
Hellenic Republic Asset Development Fund (HRADF) has announced it will re-launch a new international tender for the sale of a 66% majority stake in Greece's natural gas transmission system operator DESFA this month.
|Modification date||Transaction||Country||Transaction value (US$MM)|
|Mar 23, 2017||Sale of 66% stake in DESFA||Greece|
|Mar 22, 2017||Canada Pension Plan Investment Board, GIC and The Scion Group acquire three U.S. student housing portfolios||(USA) United States of America||1,600.00|
|Mar 22, 2017||Bharti Airtel sells a 21.63% stake in Infratel||India||1,897.20|
|Mar 21, 2017||Suez and CDPQ acquire GE Water||Canada, France||3,440.51|
|Mar 20, 2017||Globalvia acquires a 46% stake in Transmontana road from SDC Investimentos||Portugal|
People & Companies News
3i has announced the launch of its North American infrastructure business. Establishing a local team in the US will position 3i to access attractive infrastructure investment opportunities throughout North America.
|(USA) United States of America||Oakland||Project Finance Associate||Mar 22, 2017|
|(USA) United States of America||Chicago||Senior Investment Analyst||Mar 21, 2017|
|(USA) United States of America||New York||Anaylst, Project Finance & Infrastructure||Mar 21, 2017|
|(USA) United States of America||New York||Financial Analyst||Mar 21, 2017|
|(USA) United States of America||Boston||Vice President Equity Finance||Mar 21, 2017|
|(USA) United States of America||New York||Infrastructure Analyst||Mar 20, 2017|
|Philippines||Mandaluyong||Investment Specialist||Mar 20, 2017|
|(USA) United States of America||New York||Corporate Banking Analyst - Power, Utilities and Infrastructure||Mar 20, 2017|
|Philippines||Mandaluyong||Principal Investment Specialist||Mar 20, 2017|
|(USA) United States of America||Chicago||Senior Associate, Infrastructure||Mar 17, 2017|
The government of Argentina has launched the law 27,328 on PPPs, an instrument aimed to attract and accelerate investments from the private sector.
Corporate Finance News
Taking advantage of the current market conditions with low interest rates, Ferrovial has priced a €500 million (US$540 million) 8-year senior bond. The issue was priced at 85 basis points over midswap, with a coupon of 1.375%.
|Country||Company||Type of Company|
|Spain||Cintra - Ferrovial||Contractor, Infrastructure Developer, O&M Provider|
|(USA) United States of America||Fitch Ratings||Rating agency|
|Canada||Aecon Group||Contractor, Infrastructure Developer, O&M Provider|
|Switzerland||UBS||Financial Advisor, Investor, Lender|
|UK (United Kingdom)||Mott MacDonald||Technical Advisor|