Alexandra Atiya

The Indian financial services firm had planned to raise a £100m infrastructure fund on the London Stock Exchange, but it has postponed the initial public offering because it could not meet one of the exchange’s listing requirements.

Florida governor Rick Scott is the third newly elected Republican governor to turn down federal high-speed rail funding. Scott asked to redistribute the funds to other Florida transportation projects, but the funds will likely be used for high-speed rail in other states.

Stephanie Kopelousos has secured more than $2.5bn of public-private partnerships in her home state of Florida. Now she will serve as a senior adviser to the House Transportation and Infrastructure Committee.

President Barack Obama dramatically increased transportation funds in his proposed 2012 budget. The budget includes $122bn in Department of Transportation funds for 2012, and allocates $30bn for a National Infrastructure Bank as part of a six-year surface transportation plan.

The Canada Pension Plan Investment Board manages C$9.5bn of infrastructure assets, an increase from C$6.2bn at the end of the second quarter of 2010. Infrastructure now represents 6.8% of its portfolio.

The energy infrastructure-focused fund has agreed to acquire a natural gas company that is developing storage facilities in salt caverns in northwest Germany.

One of four 'pillars' of the loan is to increase private investment in the country's infrastructure, a sector increasingly targeted by fund managers raising capital from local pensions.

Vice President Joe Biden proposed a six-year plan for US high-speed rail that immediately prompted a sceptical response from House Transportation and Infrastructure Committee Chairman John Mica, who called Amtrak, the government-owned rail carrier, a ‘Soviet-style train system’ incapable of providing the US with a modern high-speed rail system.

Infrastructure energy and service provider Dresser split from Halliburton in a 2001 buyout led by First Reserve. GE will integrate the business into GE Energy, where it’s expected to ‘enhance’ GE’s ability to grow in developing countries.

A concessionaire comprised of American, Canadian and Brazilian investors has signed an agreement with the Mayor of Quito. The concessionaire initially signed a 35-year agreement in 2005 to take over Quito’s existing airport and construct a new one, but political troubles disrupted that contract.