HICL Infrastructure Company, the listed infrastructure investment company advised by InfraRed Capital Partners Limited, has announced it has raised £260 million (US$325 million) gross proceeds under its share issue.
Infrastructure/PPP news in Europe
Aecon Group has announced that it has achieved commercial and financial close on the L.F. Wade International Airport Redevelopment Project in Bermuda.
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%.
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.
SUEZ has announced that, together with Caisse de dépôt et placement du Québec, it has entered into a binding agreement to purchase GE Water & Process Technologies from General Electric Company for €3.2 billion (US$3.4 billion) enterprise value in an all‐cash transaction.
Globalvia has announced it has increased stake in Autoestrada Transmontana becoming main shareholder.
Copenhagen Infrastructure Partners (CIP) has initiated the fundraising process for its new fund, Copenhagen Infrastructure III, which will now be open for investor subscription.
Transport for London (TfL) has shortlisted three companies for the Silvertown tunnel road PPP project.
Macquarie has announced that Macquarie European Infrastructure Fund 2 (MEIF2), together with two other Macquarie-managed funds, have agreed to sell a combined 26.3 per cent interest in Kemble Water Holdings Limited, the ultimate holding company of Thames Water Utilities Limited. MEIF2 is managed by the Macquarie Infrastructure and Real Assets (MIRA) division of Macquarie.
The Government of Serbia has announced that 27 companies are interested in the concession deal for Belgrade’s Nikola Tesla Airport.
Leading property developer Lendlease has been confirmed as the preferred partner for the Haringey Development Vehicle (HDV), which will see thousands of new homes and jobs created across the London Borough of Haringey (UK).
The Flemish investment company PMV and the Dutch consultant / investor Rebel Group have announced the creation of a new investment infrastructure fund, "European Projects Investment Company" (EPIco).
Actis has announced that it has reached final closing on its fourth energy fund Actis Energy 4 (AE4) with commitments hitting a hardcap at US$2.75billion.
Spanish-based Globalvia has sold stake in Torredembarra Port in Catalonia and the Sureste Hospital in Madrid. The transaction involves the sell of 26% and 11.67% stake in the assets respectively.
Collaboration between Cassa Depositi Group and the European Investment Bank (EIB) gave birth to €600 million (US$630 million) in financing to enlarge a strategically important motorway connecting Venice and Trieste.
Russian construction company DSK Avtoban has announced it has reached financial close on stage three of the Moscow Central Ring Road, one of the largest infrastructure projects in Russia.
UK-listed waste company Shanks has completed its €497 million (US$528 million) takeover of Van Gansewinkel Group (VGG) of the Netherlands, renaming the new combined entity Renewi.
Assured Guaranty (Europe) Ltd. (AGE) has announced that it has guaranteed principal and interest payments on approximately £98 million par of bonds, issued by Uliving to refinance student halls of residence at the University of Essex Colchester campus in UK. As a result of the guarantee, the bonds are rated AA by S&P.
Infracapital and InfraVia have reached an agreement to acquire Gruppo Investimenti Portuali SpA (GIP), an independent container terminal operator in Italy.
Rubicon Infrastructure Advisors has announced that the A12 motorway project in the Netherlands has reached financial close.