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Infrastructure/PPP news in North America

EQT Infrastructure III closes at €4.0 billion

EQT Infrastructure III closes at €4.0 billion

🕔Feb 24, 2017

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).

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Tender launched for car park P3 in Washington DC

Tender launched for car park P3 in Washington DC

🕔Feb 24, 2017

The Smithsonian Institution (Washington, US) has launched a tender process to select a development partner to design, build, finance, operate and maintain the National Zoological Park’s new Central Parking Facility (CPF) under the terms of a public-private-partnership agreement.

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CIM Group to sell minority stake

CIM Group to sell minority stake

🕔Feb 23, 2017

CIM Group, LLC and Mitsui & Co., Ltd. have announced a strategic partnership that expands both organizations’ growth initiatives in real estate and infrastructure investments across North America.

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British Columbia approves hospital P3

British Columbia approves hospital P3

🕔Feb 21, 2017

Health Minister Terry Lake was joined by Kamloops-South Thompson MLA Todd Stone and officials with Interior Health, the Thompson Regional Hospital District and the Royal Inland Hospital Foundation to announce that the new CAD417 million (US$318 million) patient care tower project at Royal Inland Hospital is moving forward. 

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Star America team reaches FC on second phase of mixed-use P3 for University of Texas at Dallas

Star America team reaches FC on second phase of mixed-use P3 for University of Texas at Dallas

🕔Feb 21, 2017

Star America has announced that it has reached financial close as a majority equity partner on the US$67 million second phase of a mixed-use student housing project for The University of Texas at Dallas to be co-developed with Balfour Beatty Campus Solutions and Dallas-based residential and commercial developer Wynne/Jackson.

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Request for Proposals issued for Highway 401 Rail Tunnel P3

Request for Proposals issued for Highway 401 Rail Tunnel P3

🕔Feb 20, 2017

Infrastructure Ontario (IO) and Metrolinx have issued a Request for Proposals (RFP) to three shortlisted teams to design, build, and finance the Highway 401 Rail Tunnel project. Work is required at the Highway 401/409 intersection to accommodate GO Transit expansion along the Kitchener Corridor under Metrolinx's Regional Express Rail (RER) program.

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County in Pennsylvania signs bridges P3 project

County in Pennsylvania signs bridges P3 project

🕔Feb 17, 2017

The Northampton County, Pa., General Purpose Authority and Kriger Construction Inc. have signed the contract for the Northampton bridges PPP project in Pennsylvania.

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County in Georgia tenders courthouse P3

County in Georgia tenders courthouse P3

🕔Feb 17, 2017

Chatham County, Georgia (USA) has launched a tender process to seek a private partner to develop a new County Courthouse Complex in downtown Savannah.

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P3 courthouse in Maryland country progresses

P3 courthouse in Maryland country progresses

🕔Feb 16, 2017

The State of Maryland (US) is moving forward with the Howard County’s Circuit Courthouse renovation project after Howard County Executive Allan H. Kittleman, pre-filed a resolution to deliver the project through an hybrid innovative public-private partnership (P3). 

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New Orleans proposes 40-year lease of rail operations

New Orleans proposes 40-year lease of rail operations

🕔Feb 14, 2017

The City of New Orleans (US) has launched a tender process to enter into a long-term concession for the New Orleans Public Belt (NOPB) inclusive of capital investment, operations, and maintenance responsibilities.

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Mexican-Spanish consortium signs contract to construct new terminal at Mexico City Airport

Mexican-Spanish consortium signs contract to construct new terminal at Mexico City Airport

🕔Feb 14, 2017

A Mexican-Spanish conglomerate led by Cicsa (Carlos Slim’s Construction company) and Spanish companies Acciona and FCC have signed the contract to develop the new terminal at Mexico City Airport.

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MegaProject 867: British Columbia tunnel PPP awarded environmental assessment certificate

MegaProject 867: British Columbia tunnel PPP awarded environmental assessment certificate

🕔Feb 14, 2017

The start of construction for the George Massey Tunnel replacement project is one step closer after the provincial government issued environmental assessment certificate.

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MassDOT launches RFI for Lighting Project for the Metropolitan Highway System

MassDOT launches RFI for Lighting Project for the Metropolitan Highway System

🕔Feb 13, 2017

The Massachusetts Department of Transportation (MassDOT) has issued a Request for Information (RFI) to solicit responses from industry experts and interested parties on a proposed Metropolitan Highway System (MHS) Lighting Project to see if MassDOT should contract with an outside partner to design, build, finance, operate and maintain the lighting system.

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RFP Issued for Michael Garron Hospital - A Division of Toronto East Health Network

RFP Issued for Michael Garron Hospital - A Division of Toronto East Health Network

🕔Feb 10, 2017

Infrastructure Ontario (IO) and Michael Garron Hospital (formerly Toronto East General Hospital), a division of Toronto East Health Network, have issued a request for proposals (RFP) to three companies to design, build and finance the Toronto East General Hospital new Patient Care Tower on P3.

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Bird Construction selected as preferred bidder for Hamilton Biosolids Project

Bird Construction selected as preferred bidder for Hamilton Biosolids Project

🕔Feb 9, 2017

Harbour City Solutions consortium has been selected as the preferred proponent to design, build, finance, operate and maintain, a biosolids management project for the City of Hamilton, Ontario (Canada).

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MegaProject 864: LA Metro advances four unsolicited proposals for the Measure M projects

MegaProject 864: LA Metro advances four unsolicited proposals for the Measure M projects

🕔Feb 9, 2017

The Los Angeles County Metropolitan Transportation Authority  (Metro) has advanced from Phase I to Phase II analysis four unsolicited proposals for the Measure M projects involving the West Santa Ana Branch Transit Corridor and the Sepulveda Pass Transit Corridor P3s

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Long-term care PPP announced in Newfoundland and Labrador

Long-term care PPP announced in Newfoundland and Labrador

🕔Feb 8, 2017

To support growing demand for long-term care beds, the Canadian province of Newfoundland and Labrador has announced that a new long-term care home will begin construction in Corner Brook in fall 2017.

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Request for Information (RFI) launched for road P3 project in Louisiana

Request for Information (RFI) launched for road P3 project in Louisiana

🕔Feb 8, 2017

The Louisiana Department of Transportation & Development (LaDOTD) has announced the issuance of a Request for Information (RFI) to accelerate major enhancements to the I-10 Capital Corridor through a Public-Private Partnership (P3).

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Bidder selected for Middletown station P3

Bidder selected for Middletown station P3

🕔Feb 7, 2017

The Pennsylvania Department of Transportation (PennDOT) has announced that it will soon take the next steps toward entering into a public-private partnership (P3) contract with a private partner to develop parking and commercial development around the Middletown train station (Connecticut, US), which will be rebuilt through a multi-partner project.

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EIV Capital Closes $450 Million Midstream Energy Private Equity Fund

EIV Capital Closes $450 Million Midstream Energy Private Equity Fund

🕔Feb 7, 2017

EIV Capital, an energy-focused private equity firm, has announced the final closing of its third fund, EIV Capital Fund III, LP and its affiliates, at its hard cap of US$450 million, surpassing its original US$350 million target.

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