Alexandra Atiya
Simon Wilde, co-head of Energy and Resources at RBS, will become head of Macquarie’s European Power & Utilities division next month. Wilde advised Cheung Kong Infrastructure on its winning £5.8bn bid to acquire EDF’s UK electricity networks, beating out rivals that included Macquarie.
Macquarie executive Stephen Mentzines resigned from the board of the Macquarie Power and Infrastructure Corporation, now called Capstone Infrastructure, and another Macquarie director has replaced him. Macquarie will receive C$14m from Capstone and will use about half of the proceeds to acquire Capstone shares.
Swedish private equity firm EQT has agreed to acquire a cooking oil distribution and waste management company from US private equity firms ABS and Parthenon. After the close of the acquisition, EQT’s €1.2bn infrastructure fund will be about 55% invested.
Mayor-Elect Rahm Emanuel chose Scott Balice Strategies co-founder Lois Scott as chief financial officer. She will be joined by Baker & McKenzie infrastructure lawyer Alexandra Holt, who will serve as budget director. The appointments come as Chicago faces decisions on several PPP transactions.
Ananth Prasad, an engineer who worked on some of the state's big-ticket PPPs, will take over the role previously filled by Stephanie Kopelousos.
Mexican infrastructure developer IDEAL had presented the only bid for the Pacífico Sur project, which involves the construction and operation of 300 kilometres of roads. But the transport ministry said IDEAL’s bid payment was insufficient.
The board, which oversees the state’s department of transportation, has appointed Brandon Beach as the head of its PPP committee. Since enacting legislation to enable PPPs in 2009, the state has begun to pursue three major projects.
Indianapolis has proposed to transfer the city’s privately-operated water and wastewater systems to the non-profit Citizens Energy Group. The sale moved a step forward last week, but the agreement still needs regulatory approval.
The project, which has a 25-year concession, involves refurbishing street lights in two south London boroughs. The two developers closed on a previous street lighting PFI in late 2009.
Carlyle Infrastructure Partners recently acquired 15% of Australian logistics operator Qube, giving the company A$175m with which to make acquisitions.