Skanska has announced the commercial and financial close of the Rv. 3/Rv. 25 PPP project, which involves the financing, design, construction, operation and maintenance of a new 25km national road between Løten and Elverum, in the county of Hedmark, south-east Norway.
Infrastructure/PPP news in Norway
The Norwegian Public Roads Administration (NPRA) has selected Skanska as the preferred bidder for the RV 3 / RV 25 Løten-Elverum project, which involves the construction of a new national road in the county of Hedmark, eastern Norway. The PPP contract is worth NOK5.5 billion (US$711.6 million).
EQT Infrastructure II has entered into a definitive agreement to sell Mongstad Group to Asset Buyout Partners (ABP), a real estate investor specialized on oil and gas clusters, founded by Norwegian private equity investor HitecVision. The parties have agreed not to disclose the transaction value.
Avinor has announced that it is inviting proposals for the management of Haugesund Airport. A tender competition was requested by the Norwegian government, with the intention of implementing a service concession model for the operations of the airport.
Statens vegvesen, the Norwegian Public Roads Administration (NPRA), has shortlisted three consortia for the RV3/RV25 Ommangsvollen – Grundset/Basthjørnet road PPP.
Seven consortia have submitted qualification documents for Norway’s RV3/RV25 Ommangsvollen – Grundset/Basthjørnet road PPP.
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.
Infranode has announced the closing of its second investment round. The Infranode I investment platform raises SEK1.9 billion (US$213 million) dedicated to essential infrastructure investments in the Nordics.
The Norwegian Public Roads Administration has announced it has launched a road PPP programme.
Quercus Assets Selection, which specialises in infrastructure investments with a focus on renewable energy, has announced that it has reached its first collection target of €150 million (US$158 million) for its new renewable energy infrastructure funds.
Orange County pension fund has announced it has hired Argo Infrastructure Partners and BlackRock to create a 2% infrastructure allocation.
Whitehelm Capital, an independent infrastructure manager, has announced it has completed the acquisition of 100% of Sarpsborg Avfallsenergi AS (SAE), a modern waste-to-energy plant in Sarspborg, Norway, on behalf of Australian superannuation fund Prime Super. The company was sold by Hafslund ASA, one of the largest regional multi-utilities in Norway.
Sortland Kommune, the Municipality of Sortland (Norway), has launched a tender process to carry out a Fire Station public private partnership (PPP) project.
The EQT Infrastructure II Fund has acquired Mongstad Supply Base, a oil and gas port in Norway, from Wimoh Invest AS.
A Sustainable Development Investment Partnership (SDIP) has been launched to mobilize US$100 billion in private financing over five years for infrastructure projects in developing countries using development assistance to reduce risk.
WSP Global has announced the acquisition of Faveo Group, a project management company based in Norway and Sweden.
SL Capital Partners creates long-term partnership with Nordkraft and acquires 13 small hydro plants in Norway
SL Capital Partners LLP, through SL Capital Infrastructure I LP (SLCI I), has acquired 100% of Nordic Power AS from Nordkraft AS, the Narvik based energy group with interests in Northern Norway.
The Government of Norway recently announced plans to carry out a road public private partnership (PPP) program on a press conference in Oslo on 14 April 2015.
The Municipality of Ullensaker, Norway, has launched a tender process to develop the new secondary school at Gystadmarka through a PPP project.
The world's largest sovereign wealth fund, Norway's Government Pension Fund Global, is a step closer to be allowed to broaden its investments to include infrastructure as part of a strategy to increase returns.