Alexandra Atiya
Capella Capital, a subsidiary of Australian property developer Lend Lease, has been named preferred bidder to construct a 3000-bay multi-deck car park at the Queen Elizabeth II Medical Centre, near Perth.
Senator Barbara Boxer said the Senate is seeking a six-year bill, but a two-year reauthorisation is ‘in the mix’ due to funding constraints. The new bill would increase TIFIA funding to $1bn.
UK regulator Ofgem has chosen the Green Energy Transmission consortium to construct a high-voltage link to a 500-megawatt offshore wind farm, marking the end of the first round of tenders for £1.1bn worth of UK transmission lines.
House Transportation and Infrastructure Committee Chair John Mica said he supports a proposal to put a lucrative segment of the state-owned passenger rail service up for private sector bids.
The California wind farm is being developed by Terra-Gen Power, an energy developer owned by ArcLight Capital and Global Infrastructure Partners. The project currently has 720 megawatts of installed capacity, and aims to generate a total of 1550 megawatts of power.
The fund will focus on investments in public infrastructure and early-stage technology projects in the state of Texas. ORIX said it could eventually increase the size of the fund.
The Australian state originally planned to lease Queensland Motorways to the private sector, but the government has instead transferred the 40-year concession to the state’s superannuation fund in exchange for A$3.1bn.
The 20-member commission will be responsible for drafting a report on public-private partnerships to implement high-speed rail in the state.
In its most recent annual report, the Canadian Pension Plan Investment Board, which now has C$148.2bn in assets under management, said its focus on direct investments in infrastructure reduces yearly operating costs by about C$200m.
A new valuation indicates that the city’s parking assets may be worth significantly more than the $215m, 75-year lease that LambdaStar and EQT Infrastructure have jointly proposed.