Puerto Rico launches tender for power transmission P3
The Governor of Puerto has launched a Request for Qualification (RFQ) process for companies interested in managing and operating all facets of the energy distribution and transmission system of the Puerto Rico Electric Power Authority (PREPA) through the mechanism of public-private partnership (P3).
The process will allow the identification of private companies that meet the minimum requirements necessary to carry out the transformation and modernization of the Puerto Rico energy system. Experience in administering and using federal disaster recovery funds is crucial, as this may be available for the transformation of PREPA.
Qualifications must be submitted by 5 December 2018. For more information, see the Business Opportunity. The results of the RFQ process will be announced during the second week of January 2019.
Citigroup Global Markets Inc. is advising this RFQ process.
Country updates
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November 02, 2018
US$620 million bond issue to finance highway modernisation P3 project in USA
The Michigan Strategic Fund is planning to issue US$622.2 million Limited Obligation Revenue Bonds to finance the Michigan I-75 Modernization Project. The proceeds of the bonds will be...
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November 02, 2018
Los Angeles City Council approves contract for rent-a-car facility P3
Los Angeles World Airports (LAWA) has announced that the Los Angeles City Council has voted unanimously to approve a 28-year not-to-exceed US$2,028,302,301 contract with L.A. Gateway Partners (LAGP) t...
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November 02, 2018
Arup to advise civic PPP in Los Angeles
The City of Los Angeles’ Bureau of Engineering (BOE) has selected Arup as its financial and procurement advisor for the procurement of the Los Angeles Street Civic Building (LASCB). Arup will l...
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November 01, 2018
Oklahoma Turnpike Authority issues draft RFP to shortlisted teams in highway PPP
According to sources, the Oklahoma Turnpike Authority has issued a draft request for proposal (RFP) to shortlisted teams for the estimated $230 million Gilcrease Expressway West P3 project. On...
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October 31, 2018
North Dakota State Investment Board invests US$140 million in Macquarie Infrastructure Partners IV
North Dakota State Investment Board has approved a US$140 million investment in Macquarie Infrastructure Partners IV, which invests across brownfield infrastructure and related assets i...
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