HDR has announced that it has completed the sale of HDR | ICA Asset Management to DBi Services, which specializes in infrastructure operations and maintenance. Financial terms of the transaction were not disclosed.
The Government of Turkey has announced the route for a canal to be developed through a public-private partnership. The 45-km Kanal Istanbul will link the Black Sea and the Sea of Marmara west of the Bosphorus, running from the Durusu region on Istanbul's Black Sea coast to Kucukcekmece Lake on the Sea of Marmara.
On Friday 26 January, the Hon. Senior Minister Yaw Osafo Marfo launched the Ghana PPP disclosure portal in Accra. It published information on 20 ongoing PPP projects and the disclosure framework being adopted by the Government of Ghana. This is the first time that this information has been made available to the public.
In the coming weeks, the President of Brazil, Michel Temer, is expected to sign a bill regulating the concessions made during the administration of former president Dilma Rousseff. The main clause in the bill will allow companies who take on an existing concession to pay off any outstanding debt.
The Romanian government has updated the country's legislation on public-private partnerships in an effort to attract strategic investments. The new regulation introduces the Value for Money concept and provides the necessary steps in assessing a project.
The Allianz Group has announced that from 1 January 2018, Allianz Capital Partners (ACP) will become a discrete entity under the umbrella of Allianz Global Investors (AllianzGI).
In a bid to reduce the huge infrastructure financing gap in Sub-Saharan Africa, the African Development Bank has approved US$100 million to The Emerging Africa Infrastructure Fund (EAIF), a public private partnership company.
The Land Degradation Neutrality Fund was officially launched at the thirteenth session of the Conference of the Parties (COP13) of the United Nations Convention to Combat Desertification (UNCCD), which took place in Ordos, China. The initiative is promoted by UNCCD and Mirova.
Ardian, announced it has signed an agreement for the sale of a €1 billion portfolio of assets after a competitive auction. The Investors involved are APG and AXA, both existing shareholders of the portfolio since 2006. Ardian will remain the asset manager and advisor of the portfolio.
The government of Puetro Rico has decided to conduct feasibility studies of three unsolicited proposals for PPP projects. The proposals were submitted by Tesla, the Ana G. Méndez University System and Global Ports Holding.
Infranode has achieved final closing on its first fund reaching SEK4.45 billion (US$524.68 million) with AP4 joining an already strong group of local pension funds and the European Investment Bank (EIB). The capital will be invested long-term in Nordic infrastructure.
Europe’s leading National Promotional Banks and European Investment Bank announced the launching of Marguerite II, a pan-European infrastructure fund with total commitments in excess of €700 million (US$ 832,29 million); ensuring continued support for key infrastructure investments in renewables, energy, transport and digital infrastructure by the Marguerite platform.
The EQT Infrastructure III fund has signed a definitive agreement to acquire CIF Holding B.V. from Rabo Bouwfonds Communication Infrastructure Fund C.V.
DIF announces the final close of DIF Core Infrastructure Fund I at the hard cap of € 450 million (US$ 527,83 million). Fundraising for DIF CIF I was officially launched in September 2016, with first close occurring in January 2017, and final close in November 2017. DIF CIF I experienced strong backing from both existing and new investors to the DIF platform.
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.
Aecon Group Inc. and CCCC International Holding Limited (CCCI) have entered into a definitive agreement under which CCCI will acquire all of the issued and outstanding common shares of Aecon for CAD20.37 (US$15.9) per share in cash, representing an enterprise value of CAD1.51 billion (US$1.18 billion).
OHL Group and IFM Investors have signed an agreement for the acquisition of 100% of the share capital in OHL Concesiones by IFM Investors.
Brookfield Asset Management’s Public Securities Group has announced that it has acquired Center Coast Capital Holdings, an affiliate of Center Coast Capital Advisors (CCC), a Houston-based SEC-registered investment adviser focusing on energy infrastructure investments, including master limited partnerships (MLPs), with over US$4 billion in assets under management.
AMP Capital has reached financial close on its largest ever North American deal, acquiring 100 per cent of ITS ConGlobal (ITSC) from Carlyle Infrastructure Partners.
Wood Group has announce that it has completed the acquisition of Amec Foster Wheeler.