Alexandra Atiya
Mexico cancelled the tender for the 30-year roads concession earlier this year after receiving only one bid. The sole bidder, Mexican developer IDEAL, says it is considering another bid under the new procurement.
Google and Citi had already committed $110m to an earlier phase of the Alta Wind Energy Centre, a 1,550-MW wind farm that Terra-Gen Power is developing in California. Terra-Gen is co-owned by ArcLight Capital and Global Infrastructure Partners.
The fund will focus on investments in late-stage solar projects in North America. All of the fund’s investors are publicly listed companies. CleanPath has already made investments worth about $10m.
The successful bidder will construct a new cardiac surgical centre in British Columbia as a public-private partnership. The total value of the project is estimated to be C$448m.
EnCap's $792m energy infrastructure fund will commit $100m in equity to US Infrastructure Holdings, a Texas-based company focused on acquiring assets in shale gas developments across the US.
The $1.4bn winning bid includes a $1.1bn upfront payment to the government. Goldman Sachs and Abertis will reach financial close on the deal in September, backed by 12 banks. The team beat competition from a Morgan Stanley-OHL consortium.
Last year, Ferrovial announced its intention to sell a 10% stake in UK airports operator BAA and is now conducting preliminary talks ‘with various entities’ about the sale. But Ferrovial has declined to specify the names of any potential bidders.
As part of a six-year transportation plan, Virginia has allocated funds to PPPs including the Route 460 highway improvement project and the Midtown Tunnel. Virginia also opened a new PPP office earlier this month.
Sprott Power and Firelight Infrastructure, a $200m fund backed by Canadian pension OPTrust, have agreed to invest in the 31.5-megawatt Amherst wind farm in Nova Scotia.
The fundraising period for the Macquarie Mexican Infrastructure Fund, which held a first close last year on Ps$5.2bn including Ps$3.4bn in commitments from local pensions, has been extended through December 17.