Hub South East Scotland, a joint venture between Galliford Try, Fulcrum, AECOM and assorted public authorities, has achieved financial close of the Queensferry High School PPP project, located in Edinburgh.
Social & Health News
China Harbour Engineering Company (CHEC) is developing a knowledge city and edu-tourism venture in partnership with the University of the Commonwealth Caribbean (UCC) in Jamaica, through a build-operate-transfer agreement.
The Export and Investment Promotion Agency of El Salvador (PROESA) has announced that its Board of Directors has approved economic, financial, fiscal and social feasibility studies for two projects to be developed through public-private partnerships.
Following the recent collapse of the leading contractor, Carillion, a group of banks engaged to fund the proposed Midland Metropolitan Hospital PPP Project in the West Midlands region of England have terminated the financing.
The government of New Zealand has selected a consortium led by CIMIC Group companies Pacific Partnerships and CPB Contractors as the preferred proponent to deliver the Waikeria Corrections and Treatment Facility Public Private Partnership (PPP) project.
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.
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.
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.
Cerestra Advisors, a Real Assets focused private equity firm based in Hyderabad, has launched a US$300 million offshore education-infrastructure fund.
The operator of Dublin Airport, daa, has published a concession notice for the design, financing, construction and operation of a new hotel to be linked to the airport's Terminal 2. The estimated total value of the project is EUR100 million (US$118.9 million).
CapMan Infra has launched the fundraising of a pan-Nordic infrastructure fund with a target size of EUR300 million (US$359,57 million): CapMan Nordic Infrastructure I.
The European Bank for Reconstruction and Development (EBRD) and the Biomedical Research Foundation of the Academy of Athens (BRFAA), in cooperation with the Public-Private Partnership Secretariat of the Greek Ministry of Economy and Development, have signed an agreement for the preparation of a PPP project to construct a new research centre and renovate an existing building in Athens.
HICL Infrastructure Company Limited, the listed infrastructure investment company advised by InfraRed Capital Partners Limited, has announced that the Group has entered into an agreement to divest its 100% equity and subordinated debt interest in the Highland Schools PPP2 Project for GBP56.2 million (US$77.42 million).
The City of Marseille, located in the south of France, has launched a tender process to select private partners to support the implementation of the Future School Plan (PEA - Plan Ecole d'Avenir) which involves major renovation works to schools across the city. The City will award four-year public-private partnership contracts worth EUR754 million (US$916 million) excluding tax.
Shortlists of qualified teams for three student accommodation projects in Kenya that are being tendered together have been announced. Collectively, the projects involve the construction of 23,400 accommodation units at Moi, Embu and South Eastern Kenya (Seku) universities.
The Mayor of Washington, D.C. and the Office of Public-Private Partnerships (OP3) have released a Request for Alternative Proposals-Qualifications (RFAP-Q) for the rehabilitation of the Henry J. Daly Building, which currently serves as headquarters for the Metropolitan Police Department (MPD).
Zencap Asset Management has announced its intentions to launch a third senior infrastructure debt fund, dedicated to senior financing of European infrastructure. The company is targeting a first close of EUR200 million (US$244.4 million).
The Government of Uruguay, through its National Public Education Administration (ANEP) has launched a tender for the design, financing, construction and operation of 58 schools located across 17 departments - the fourth package of its schools PPP project.
The State of Piauí, through the Secretariat of Administration and Social Security (SEADPREV) and the Sports Foundation of the State of Piauí (FUNDESPI), has begun the procedure of public consultation of the documents for the concession of its main sports centre.
SFund International invests in Asia Allied Infrastructure to develop projects in Guangdong-Hong Kong-Macao Bay Area
Asia Allied Infrastructure Holdings Limited announced that its controlling shareholder has entered into an agreement to sell a 9.8% share in the company to SFund International Investment Fund Management Limited.