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Infrastructure/PPP news in North America

MegaProject 1315: EllisDon achieves financial close of US$915 million hospital PPP in Toronto

MegaProject 1315: EllisDon achieves financial close of US$915 million hospital PPP in Toronto

🕔Aug 16, 2018

EllisDon Infrastructure Healthcare has announced that it has reached financial close on a healthcare centre redevelopment project in Toronto. This comes less than one week after West Park Healthcare Centre and Infrastructure Ontario announced that the contract to design, build, finance and maintain the project had been awarded to the EllisDon team.

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MegaProject 1313: Preferred bidder for Ontario Police Modernization P3

MegaProject 1313: Preferred bidder for Ontario Police Modernization P3

🕔Aug 13, 2018

Bird Construction Inc. (Bird) has announced that it has been selected by Infrastructure Ontario, the Ministry of Community Safety & Correctional Services and the Ontario Provincial Police (OPP) as the preferred proponent to design, build and finance (DBF) the Ontario Provincial Police Modernization Phase 2 project.

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Newfoundland shortlists three bidders for care home PPP

Newfoundland shortlists three bidders for care home PPP

🕔Jul 13, 2018

The Government of Newfoundland and Labrador, the most easterly province of Canada, has identified a shortlist of proponents to move to the Request for Proposals (RFP) stage for the delivery of two new 60-bed long-term care homes through a public-private partnership (PPP).

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MegaProject 1292: ACS and Fluor selected for US$3 billion USA-Canada bridge PPP

MegaProject 1292: ACS and Fluor selected for US$3 billion USA-Canada bridge PPP

🕔Jul 9, 2018

The Bridging North America consortium, which comprises affiliates of ACS Group and Fluor, has been named Preferred Proponent by Windsor Detroit Bridge Authority to design, build, finance, operate and maintain the Gordie Howe International Bridge, which will connect Canada and USA.

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MegaProject 1286: RFQ issued for US$230 million P3 in Oklahoma

MegaProject 1286: RFQ issued for US$230 million P3 in Oklahoma

🕔Jun 25, 2018

The Oklahoma Turnpike Authority has published a Request for Qualifications (RFQ) for the Gilcrease Expressway West P3 project. The authority is seeking interested and qualified firms to construct and finance an 8km expressway on the west side of Tulsa, Oklahoma, located in the south-central region of the USA. The estimated construction cost is US$230 million.

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Edgemoor and Star America win Maryland courthouse PPP

Edgemoor and Star America win Maryland courthouse PPP

🕔Jun 22, 2018

Edgemoor-Star America Judicial Partners (ESJP), comprised of Edgemoor Infrastructure & Real Estate and Star America Infrastructure Partners, has been selected by Howard County as its preferred partner to design, build, finance, operate and maintain (DBFOM) a new Circuit Courthouse.

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MegaProject 1285: Los Angeles approves PPP for US$950 million civic centre

MegaProject 1285: Los Angeles approves PPP for US$950 million civic centre

🕔Jun 22, 2018

The City of Los Angeles’ Municipal Facilities Committee has recommended a public-private partnership (PPP) for the development of a new civic centre in the city, which is located in Southern California, south-west USA.

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MegaProject 1281: US government deny US$250 million grant to Alabama bridge PPP

MegaProject 1281: US government deny US$250 million grant to Alabama bridge PPP

🕔Jun 18, 2018

Alabama Department of Transportation (ALDOT)'s application for a US$250 million grant for the I-10 Mobile River Bridge and Bayway Widening PPP project to the US Department of Transportation's Infrastructure for Rebuilding America (INFRA) funding programme has been rejected, threatening the future of the project.

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MegaProject 1280: Chicago Express Loop PPP awarded to Elon Musk's Boring Company

MegaProject 1280: Chicago Express Loop PPP awarded to Elon Musk's Boring Company

🕔Jun 14, 2018

The Chicago Infrastructure Trust (CIT), on behalf of the city government, has selected The Boring Company to design, build, finance, operate and maintain an underground express train service between O'Hare International Airport and the city's central business district.

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MegaProject 1278: US$4.9 billion Automated People Mover P3 at LA Airport achieves financial close

MegaProject 1278: US$4.9 billion Automated People Mover P3 at LA Airport achieves financial close

🕔Jun 12, 2018

Members of the LAX Integrated Express Solutions (LINXS) joint venture team have announced that the Automated People Mover (APM) project at Los Angeles International Airport (LAX) has reached financial close. The project is valued at approximately US$4.9 billion by Los Angeles World Airports (LAWA), which includes all design, construction, commissioning, operations and maintenance costs over the 30-year concession period.

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P3 Mobility wins connected vehical infrastructure PPP in Michigan

P3 Mobility wins connected vehical infrastructure PPP in Michigan

🕔Jun 11, 2018

P3 Mobility (P3M) has been selected to develop a pilot program to test connected vehicle infrastructure and technology in Oakland County, located in Michigan, USA, through a public-private partnership.

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Financial close for US$115 million British Columbia courthouse PPP

Financial close for US$115 million British Columbia courthouse PPP

🕔Jun 8, 2018

Plenary Group has announced that, as leader of the Plenary PCL Justice consortium, it has reached financial close on the Abbotsford Law Courts project in British Columbia, the westernmost province of Canada.

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US$135 million secured for hospital redevelopment in Chicago

US$135 million secured for hospital redevelopment in Chicago

🕔Jun 1, 2018

Civic Health Development Group has secured a US$135 million loan to redevelop a derelict hospital in Chicago, envisaged as a US$1 billion home for hotels, medical offices, retail space, apartments and more.

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Canadian government blocks acquisition of Aecon

Canadian government blocks acquisition of Aecon

🕔May 28, 2018

The Minister of Innovation, Science and Economic Development of the Government of Canada has ordered China Communications Construction Company International Holding Limited (CCCI) not to implement the proposed acquisition of Aecon Group Inc., one of the largest infrastructure developers in the country, in order to protect Canada's national security.

 

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Sacyr signs financing for hospital and highway PPPs in Mexico

Sacyr signs financing for hospital and highway PPPs in Mexico

🕔May 25, 2018

Sacyr Concesiones has announced the close of financing of its two concessions in Mexico. The company has secured EUR86 million (US$100.82 million) for the Tlahuac hospital in Mexico City from the Mexican development bank Banobras, and another EUR86 million from Banco Interacciones for the Pirámides-Tulancingo-Pachuca highway.

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MegaProject 1264: EY recommends P3 for US$8 billion Honolulu rail project

MegaProject 1264: EY recommends P3 for US$8 billion Honolulu rail project

🕔May 22, 2018

Ernst & Young (EY) Infrastructure Advisors has advised the Honolulu Authority for Rapid Transportation (HART) that the long-delayed completion of the rail transit system in the city should be undertaken through a public-private partnership.

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MegaProject 1255: US$2 billion light rail PPP in Toronto reaches commercial and financial close

MegaProject 1255: US$2 billion light rail PPP in Toronto reaches commercial and financial close

🕔May 8, 2018

Infrastructure Ontario and Metrolinx have announced that their preferred proponent for the Finch West Light Rail Transit (LRT) project, Mosaic Transit Group, has signed a contract valued at CAD2.5 billion (US$1.94 billion) for the design, construction, financing and maintenance of the 11km light rail line in Toronto.

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KKR Global Infrastructure Investors III achieves US$6 billion first close

KKR Global Infrastructure Investors III achieves US$6 billion first close

🕔May 8, 2018

US private equity firm KKR has closed its Global Infrastructure Investors III for the first time at US$6 billion

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Request for Proposals issued for rail infrastructure project in Ontario

Request for Proposals issued for rail infrastructure project in Ontario

🕔May 7, 2018

Infrastructure Ontario (IO) and Metrolinx have issued a Request for Proposals (RFP) to three shortlisted teams to design, build and finance the Lakeshore West Infrastructure Improvements project.

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IDB to invest US$200 million in waste-to-energy PPP in Mexico

IDB to invest US$200 million in waste-to-energy PPP in Mexico

🕔May 4, 2018

The private investment arm of the Inter-American Development Bank (IDB), the Inter-American Investment Corporation, has approved a US$200 million loan for the construction of a thermal solid waste treatment plant in Mexico City being developed through a public-private partnership.

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