Alexandra Atiya
The listed fund also is considering new acquisitions, notwithstanding the fund’s recent failed bid for the Abbot Point coal port in Australia.
Macquarie’s New York Stock Exchange-listed infrastructure fund has reinstated a dividend of $0.20 per share. MIC also said it entered into arbitration on 18 April with a co-investor in MIC’s subsidiary, International-Matex Tank Terminals.
A new bill signed into law this week by Governor Nathan Deal will allow local governments across the state to pursue PPPs for water infrastructure. The legislation stems in part from concerns that Georgia will face a serious water shortfall beginning in 2012.
Adani Enterprises submitted the winning bid for a 99-year lease of the Australian coal terminal, which serves as the gateway to Queensland's coal-rich Galilee Basin. Brookfield Infrastructure Partners, Macquarie, Cheung Kong and RREEF were among the rival bidders for the terminal.
EIG Global Energy Partners has closed its first fund since completing its spinout from Los Angeles-based asset manager TCW late last year. The fund, called EIG Energy Fund XV, closed above both its $2.5bn target and its original hard cap of $3.5bn.
Indian conglomerate Welspun paid about $104m for the 35% stake in the Australian developer’s Indian infrastructure businesses.
The tender for the Knik Arm Crossing was first launched in 2006 and received bids from Macquarie and Bouygues. Now the local toll authority has decided to restart the process under a different funding model. If successful, the project would be Alaska's first PPP.
The $150m Central American Mezzanine Infrastructure Fund, managed by EMP Latin America, has invested in an operational hydroelectric plant near Guatemala City.
In its second round of offshore wind transmission tenders, Ofgem shortlisted bidders including Balfour Beatty, International Public Partnerships, and a consortium comprised of Macquarie Capital, Barclays Infrastructure, and Mitsubishi.
A consortium comprised of Brookfield Financial and Morguard has been selected preferred bidder for an Ontario courthouse project, beating out rival consortia led by UK developers Balfour Beatty and Carillion.