Back to homepage

Infrastructure/PPP news in Australia

MegaProject 1352: Registrations of Interest sought for multi-billion dollar road PPP in Australia

MegaProject 1352: Registrations of Interest sought for multi-billion dollar road PPP in Australia

🕔Oct 19, 2018

The North East Link Authority (NELA) has announced that it is inviting registrations of interest (ROI) from the market for the primary package for the North East Link, a proposed new freeway in north-east Melbourne, the state capital of Victoria, south-east Australia. The business case estimates the project to cost around AUD16 billion (US$11.4 billion).

Read Full Article
MegaProject 1348: Plenary completes US$460 million refinancing of road PPP in Australia

MegaProject 1348: Plenary completes US$460 million refinancing of road PPP in Australia

🕔Oct 11, 2018

Plenary Group has announced that it has completed a AUD646 million (US$458.5 million) refinancing of the Peninsula Link, a 27km toll-free road between Carrum Downs and Mount Martha in the south-east of Melbourne, Australia.

Read Full Article
MegaProject 1344: Private parties invited to register interest in US$1 billion rail project in Australia

MegaProject 1344: Private parties invited to register interest in US$1 billion rail project in Australia

🕔Oct 4, 2018

The Australian Rail Track Corporation (ARTC) has opened a Registration of Interest (ROI) process for the Inland Rail PPP project. This involves the design, construction, financing and maintenance of a 130km railway between Gowrie and Kagaru, in the northeastern state of Queensland.

Read Full Article
MegaProject 1334: IFM Investors-led consortium proposes AUD15 billion rail project in Melbourne

MegaProject 1334: IFM Investors-led consortium proposes AUD15 billion rail project in Melbourne

🕔Sep 18, 2018

A consortium of private investors has announced a detailed plan to develop a rail link between Melbourne Airport and the city's Central Business District (CBD), with a total investment of AUD15 billion (US$10.76 billion).

Read Full Article
MegaProject 1325: Transurban-led consortium to take over largest infrastructure project in Australia

MegaProject 1325: Transurban-led consortium to take over largest infrastructure project in Australia

🕔Sep 3, 2018

The Government of New South Wales, a state in the south-east of Australia, have decided to sell a 51% stake in Sydney Motor Corporation (SMC) to Sydney Transport Partners (STP), a consortium comprising Transurban, AustralianSuper, Canada Pension Plan Investment Board and Tawreed Investments, a wholly-owned subsidiary of the Abu Dhabi Investment Authority.

Read Full Article
CEFC and Morrison & Co. to launch AUD1 billion green infrastructure fund

CEFC and Morrison & Co. to launch AUD1 billion green infrastructure fund

🕔Jul 27, 2018

Australia's Clean Energy Finance Corporation (CEFC) and alternative asset manager Morrison & Co have announced plans to launch a specialist AUD1 billion (US$739.1 million) ‘green’ infrastructure fund.

Read Full Article
MegaProject 1300: Consortium proposes to build US$3 billion bridge in Australia through PPP

MegaProject 1300: Consortium proposes to build US$3 billion bridge in Australia through PPP

🕔Jul 24, 2018

Universal Bridging Consortium (UBC) has published a proposal to develop a 14km bridge linking Kangaroo Island to the South Australian mainland potentially through a public-private partnership (PPP). If built, it would be one of the longest overwater vehicle bridges in Australia.

Read Full Article
Infrastructure Australia launches new transparency guidelines

Infrastructure Australia launches new transparency guidelines

🕔Jul 24, 2018

Infrastructure Australia, the nation's independent infrastructure advisor, has launched new guidelines to drive greater transparency and accountability in infrastructure decision-making and reduce instances of major projects receiving funding before appropriate planning and assessment.

Read Full Article
MegaProject 1273: US$750 million Parramatta light rail PPP advances despite LRT issues elsewhere in NSW

MegaProject 1273: US$750 million Parramatta light rail PPP advances despite LRT issues elsewhere in NSW

🕔Jun 4, 2018

Stage 1 of the Parramatta Light Rail project in New South Wales, south-east Australia, has received planning approval, allowing construction to begin before the end of the year.

Read Full Article
MegaProject 1268: Second contractor sues NSW government over US$1.7 billion light rail PPP

MegaProject 1268: Second contractor sues NSW government over US$1.7 billion light rail PPP

🕔May 28, 2018

VAC Group is suing the government of New South Wales, a state in the south-east of Australia, at least AUD4 million (US$3.0 million), plus damages, over the Sydney Light Rail project. This is the second lawsuit filed in relation to the project, with sponsor Acciona launching a AUD1.2 billion (US$905.5 million) suit earlier this year.

Read Full Article
MegaProject 1218: Global infra heavyweights bid to own US$13.8 billion road project in Australia

MegaProject 1218: Global infra heavyweights bid to own US$13.8 billion road project in Australia

🕔Mar 7, 2018

The government of New South Wales, an Australian state in the south-east of the country, is selling 51% stake in Sydney Motorway Corporation (SMC). The corporation is responsible for managing the development, construction, funding, operation and maintenance of WestConnex, a programme of projects that aims to develop and upgrade road access in the south-west of Sydney, valued at AUD16.8 billion (US$13.1 billion).

Read Full Article
Palisade acquires remaining 50% stake in Port of Portland

Palisade acquires remaining 50% stake in Port of Portland

🕔Mar 2, 2018

Palisade Investment Partners is pleased to announce it has reached agreement with Utilities of Australia Pty Ltd as trustee of the Utilities Trust of Australia to acquire the remaining 50% interest in Port of Portland.

Read Full Article
Morrison & Co selected to manage Utilities Trust of Australia

Morrison & Co selected to manage Utilities Trust of Australia

🕔Feb 27, 2018

The Board of Utilities of Australia Pty Limitedtrustee of the Utilities Trust of Australia fund (UTA), has confirmed the selection of H.R.L.Morrison & Co Limited (Morrison & Co) as the preferred manager of UTA. The open-ended global infrastructure fund was established in 1994 and was formerly managed by Hastings Funds Management.

Read Full Article
MegaProject 1212: Shortlists for US$4.2 billion Cross River Rail PPPs in Brisbane

MegaProject 1212: Shortlists for US$4.2 billion Cross River Rail PPPs in Brisbane

🕔Feb 26, 2018

The Queensland Government has announced the shortlisted companies for the contracts to build Cross River Rail, a 10.2 km rail line in the south-east of Queensland, a state in the north-east of Australia. It is scheduled to be operational by 2024, with estimated construction costs of AUD5.4 billion (US$4.2 billion).

Read Full Article
Auckland International Airport Ltd to sell stake in North Queensland Airports

Auckland International Airport Ltd to sell stake in North Queensland Airports

🕔Jan 18, 2018

Auckland International Airport Limited has announced its intention to offer its 24.6% stake in North Queensland Airports (NQA) for sale to existing investors for AUD370 million (US$294.43 million)NQA owns and operates two airports in Queensland, in the north-east of Australia: Cairns Airport and Mackay Airport.

Read Full Article
AMP Capital acquires stake in Australian cancer centre through Community Infrastructure Fund

AMP Capital acquires stake in Australian cancer centre through Community Infrastructure Fund

🕔Jan 17, 2018

AMP Capital has acquired a 21% stake in the Victorian Comprehensive Cancer Centre (VCCC) building, located in Melbourne, Australia, from funds managed and/or advised by Partners Group on behalf of investors in its Community Infrastructure Fund (CommIF).

Read Full Article
DIF awarded student accommodation PPP in Tasmania

DIF awarded student accommodation PPP in Tasmania

🕔Jan 11, 2018

DIF has been awarded a 30-year purpose-built student accommodation (PBSA) concession by the University of Tasmania in Australia, through its DIF Infrastructure V fund. As the sole equity sponsorDIF will operate and maintain a portfolio of approximately 1,800 existing beds across 10 PBSA facilities.

Read Full Article
MegaProject 1073: Ferrovial achieves FC on A$1,800  M Western Roads Upgrade project

MegaProject 1073: Ferrovial achieves FC on A$1,800 M Western Roads Upgrade project

🕔Dec 26, 2017

The Netflow consortium, comprising Cintra and Plenary, has achieved financial close on the A$1,800 million (US$1,38 million) Western Roads Upgrade project, Victoria’s largest single investment in arterial roads to date.

Read Full Article
Macquarie sells stake in Macquarie Atlas Roads

Macquarie sells stake in Macquarie Atlas Roads

🕔Dec 22, 2017

Macquarie Group Limited (Macquarie) has completed the sale of its 11.3% principal holding in Macquarie Atlas Roads (MQA), a listed investment company. Macquarie sold 76 million securities in MQA at a price of $6.00 per security to a wide range of institutional investors via a bookbuild.

Read Full Article
MegaProject 1070: Melbourne Metro PPP reaches financial close

MegaProject 1070: Melbourne Metro PPP reaches financial close

🕔Dec 20, 2017

Cross Yarra Partnership, a consortium consisting of Lendlease, John Holland, Bouygues Construction and Capella Capita, has reached agreement with Melbourne Metro Rail Authority for the financial close of the Tunnel and Stations Package as part of the Metro Tunnel Project.

Read Full Article