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%.
Infrastructure/PPP news in Germany
A Vinci-Meridiam consortium has been named preferred bidder to deliver the Germany’s A7 Salzgitter-Gottingen motorway upgrade project.
EQT has announced that its third fund for infrastructure investments, EQT Infrastructure III, has been closed at the hard cap of €4 billion (US$4.2 million).
China-based HNA Group is in exclusive talks to acquire Frankfurt-Hahn Airport in western Germany.
The European Commission and the European Investment Bank (EIB) have announce today their plans to launch a fund for broadband infrastructure – the Connecting Europe Broadband Fund.
The African Development Bank (AfDB) has announced it has approved a financing package of US$100 million, comprising US$50 million equity and US$50 million convertible senior loan, to seed the Facility for Energy Inclusion (FEI), a pan-African renewable energy debt fund.
The EQT Infrastructure investment strategy has agreed to acquire GlobalConnect A/S from its current shareholders.
KfW IPEX-Bank, as part of a consortium of commercial banks and in cooperation with the European Investment Bank (EIB), is financing a project to widen Germany's A6 motorway between the town of Wiesloch/Rauenberg and the Weinsberg junction.
Allianz Global Investors has announced that two investment teams from Allianz Investment Management, part of Allianz Group, are to join Allianz Global Investors’ expanding global private debt platform.
The European Commission and the European Investment Bank (EIB) have announced their plans to launch a fund for broadband infrastructure – the Connecting Europe Broadband Fund, which will be managed by Cube Infrastructure Managers.
Deutsche Bank has welcomed the Green Climate Fund (GCF) decision to make an initial US$78.4 million investment in Deutsche Asset Management’s fund for renewable energy access in Africa.
American Tower Corporation (AMT) and Dutch pension fund manager PGGM have announced entry into a definitive agreement to form a joint venture (ATC Europe), which will focus on pursuing telecommunications real estate investment opportunities in select countries in Europe.
DIF’s consortium, ViA6West, consisting of HOCHTIEF PPP Solutions, JOHANN BUNTE Bauunternehmung and DIF Infrastructure IV, has been awarded the contract for the construction and operation of the extension of the A6 highway in Germany.
The Rhein-Erft-Kreis, district in the west of North Rhine-Westphalia, Germany has launched the tender process for the construction of new professional training centers in the town of Bergheim.
The SUSI Renewable Energy Fund II (SUSI RE II) has reached final closing at €380 million (US$425.5 million).
Infrastructure investment programme from Golding Capital Partners raises €435 million at first closing
Golding Capital Partners (GCP) has received commitments of €435 million (US$486 million) at the first close of its infrastructure investment programme Golding Infrastructure 2016 SCS SICAV.
Taking advantage of the current market conditions with low interest rates, Ferrovial has successfully priced a €500 million (US$562 million) 6-year senior bond.
Thirteen firms have expressed interest in the purchase of the Frankfurt-Hahn Airport outside Frankfurt in the new bidding process for the privatization of the project.
The European Investment Bank (EIB) has announced it is considering investing in Deutsche Pan-European Infrastructure Fund II, managed by Deutsche AM Infrastructure.
The Government of Rhineland-Palatinate (Germany) has re-opened the bidding process for the privatization of the Frankfurt-Hahn Airport after negotiations with Shanghai Yigian Trading Company (SYT) failed.