Hellenic Republic Asset Development Fundlogo (HRADF), Greece’s privatization agency, has issued an invitation for expresion of interest seeking for financial advisors to provide services for the sale of its 30 percent stake in Athens International Airport S.A. (AIA), the company in charge of the Eleftherios Venizelos airport concession in Athens.
Infrastructure/PPP news in Europe
SNC-Lavalin Group Inc.has announced the closing of CAD880 million (US$647 million) public offering of subscription receipts and US$400 million (US$294 million) private placement of subscription receipts that will be used to finance the anticipated adquisiton of WS Atkins plc.
The consortium comprised of Deutsche Invest Equity Partners GmbH, Belterra Investments LTD and Terminal Link SAS has been awarded a 67 percent stake in the Thessaloniki Port Authority, after becoming the highest bidder with an offer of €231.9 million (US$251.8 million).
HICL Infrastructure completes incremental investment in the Medium Support Helicopter Aircrew Training Facility project
HICL Infrastructure Company Limited, the listed infrastructure investment company advised by InfraRed Capital Partners Limited, has announced the completion of an incremental investment of £7.5 million (US$9.6 million) in the Medium Support Helicopter Aircrew Training Facility project.
Abertis has reached an agreement to acquire from CNP an additional stake of 5.1% in Holding d’Infraestructures de Transport (HIT), the company which controls 100% of Sanef. This transaction will imply a cash out for Abertis of €238 million (US$259 million). In this way, Abertis will reach, at the closing of the last agreements announced, up to 100% stake in its French subsidiary.
The government of France has launched the tender involving the concession contract for the development of the RN 79 Centre-Europe Atlantic road PPP project.
A Macquarie-led consortium, comprising Macquarie Group Limited, Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS), has agreed to acquire the UK Green Investment Bank plc (Green Investment Bank) from the UK govenment for £2.4 billion (US$3.1 billion).
VTB Capital has signed an agreement with a consortium comprised of the Russian Direct Investment Fund (RDIF), Mubadala Development Company and other leading Middle Eastern and Asian co-investors alongside Baring Vostok Private Equity Fund V and related funds (Baring Vostok) to sell a 25% equity stake in Thalita Trading Limited. Thalita is the holding company of Northern Capital Gateway Ltd, which operates Pulkovo Airport (LED) in St. Petersburg, Russia.
GMR Infrastructure Limited, through its subsidiary GMR Airports Limited (GAL), has submitted along with its partner GEK Terna Group of Greece have placed a bid at €480 million for the construction and operation of the new Kastelli airport project in Heraklion.
The Republic of Lithuania has signed a 25 year PPP concession contract to design, build and manage the parking infrastructure at Santariskes medical campus in Vilnius. Latuna, a subsidiary of the Lithuanian parking services and management company Unipark, was selected as the preferred bidder for the €14 million (US$15 million) parking infrastructure project.
The Norwegian Public Roads Administration has released the request for qualifications (RFQ) for Rv 3 and rv 25 Ommangsvollen–Grundset/Basthjørnet PPP road, the first of its three planned road PPP projects.
The Irish National Treasury Management Agency (NDFA) for and on behalf of the Department of Housing, Planning, Community and Local Government and Dublin City Council, has issued a Prior Information Notice (PIN) with the intention to procure, by Public Private Partnership (PPP), the design, build, finance, operation and maintenance of a number of social housing developments in Ireland.
The Turkish General Directorate of Highways (KGM) has selected a consortium formed by ERG Insaat and Seza Insaat as the preferred bidder for the Ankara-Niğde Motorway PPP Project.
International Public Partnerships has announced its intention to raise £250 million (US$316 million) via an equity issue.
Cory Riverside Energy, one of the UK’s resource management, recycling, and energy recovery companies, has announced the completion of a £520 million (US$652 million) debt-refinancing package for its Riverside Energy from Waste (EfW) plant in Belvedere, East London.
VINCI Concessions subsidiary VINCI Highways and Meridiam Infrastructure have completed the financial arrangements for the A7 motorway public-private partnership (A-Modell) covering a 60 km section between the Bockenem and Göttingen interchanges in Germany.
Bulgaria's government has canceled the tender process for the operation of Sofia International Airport.
BAM PPP and PGGM have announced that the refinancing of the N33 motorway project in the Netherlands has reached financial close.
The European Bank for Reconstruction and Development (EBRD) has announced the financing of a Turkish health PPP project.
The University of Sussex and Balfour Beatty have reached financial close for a new student accommodation project on the institution’s campus which will provide bedrooms for 2,117 students, together with new student amenities and a Students’ Union building.