Infracapital, the infrastructure equity investment arm of M&G Investments, has successfully reached a final closing of its latest fund, Infracapital Greenfield Partners I LP, with total commitments of £1.25 billion (US$ 1,65 billion). This is well in excess of its £1 billion (US$ 1.32 billion) target and in line with Infracapital’s internal hard cap.
Infrastructure/PPP news in UK (United Kingdom)
The Trust has announced it is seeking a private sector partner to provide services in connection with the refurbishment and ongoing maintenance of the Sterile Services Department (SSD) at Stoke Mandeville Hospital.
A Request for Qualifications has been issued by The University of Exeter for the development of a design, build, finance and operate scheme, for the student residences facility containing 1,200 rooms at East Park, Streatham Campus.
John Laing Infrastructure Fund has agreed to acquire a portfolio of five UK Public Private Partnership projects from John Laing Group. The combined consideration of approximately GBP141.2 million will be financed by drawing on JLIF’s revolving credit facility.
Arcus Infrastructure Partners has announced the promotion of Stefano Brugnolo as Partner with effect from 1 November 2017. Stefano has been a senior member of the Arcus Team since its formation in 2009.
Carillion has announced the appointment of Andrew Davies as Chief Executive Officer with effect from 2 April 2018, at which point he will also join the Board. Keith Cochrane will continue to lead Carillion as Interim Chief Executive Officer until then.
Serco Group has signed Heads of Terms to acquire a portfolio of selected UK Health Facilities Management contracts from Carillion.
AMP Capital, on behalf of investors in its global infrastructure equity platform, has agreed to acquire 100 per cent of Leeds Bradford Airport from Bridgepoint Advisers Limited.
Kier and Equitix have been confirmed to undertake the Leicester University’s student accommodation redevelopment project.
The government of the Cayman Islands has awarded the contract for a waste P3.
Wood Group has announce that it has completed the acquisition of Amec Foster Wheeler.
M&G Investments, an international asset manager, has announced the launch of a global equity infrastructure fund which aims to provide investors with both a growing income stream and long-term capital appreciation.
Greater Manchester Waste Disposal Authority (GMWDA) has announced it has terminated its PFI contract with the Viridor Laing consortium.
Planning approval has been given for plans to deliver new student facilities at the University of Brighton as well as new housing, retail and business premises.
Teesside University has launched a £300 million (US$400 million) masterplan for its campus.
Arcadis has won a two year contract with Highways England to develop proposals for the A66 Northern Trans-Pennine scheme.
Squire Patton Boggs has announced the appointment of infrastructure project finance specialist Nick Helm, who has joined the firm's Real Estate Practice as a partner from DLA Piper.
Schroders has launched its first UK-dedicated infrastructure debt fund, with a focus on UK pension funds and insurance companies.
Bolton Council (UK) has unveiled a £1 billion (US$1.35 billion) masterplan to regenerate Bolton town centre.
South West London and St George’s Mental Health NHS Trust (SWLSTG) has selected a preferred bidder for its £160 million Estate Modernisation Programme (EMP).