Bruno Alves
The engineering advisor has opened offices in Adelaide and Melbourne and acquired Australian consultant Hughes Trueman to formally launch its Australian operations.
The New Zealand infrastructure fund’s first investment saw it purchase a 50% stake in a convention centre in Melbourne from Plenary Group. PIP Fund said it will invest in a similar opportunity in New Zealand and may team up with Plenary Group again for that investment.
Ernst & Young, Ashurst and Atkins will provide financial, legal and technical advisory services respectively for Kuwait’s $7bn metro project – the country’s second public-private partnership.
A consortium of Turkish company Limak and France’s Aeroports de Lyon has won a 20-year, €140m contract to build a new terminal and upgrade Kosovo’s Pristina airport. The contract is one of Kosovo’s first public-private partnerships.
The Australian asset manager has just launched a new listed vehicle targeting infrastructure investments across the globe including energy, transportation, communication and water. The fund’s investment team, headed by Craig Noble, will have a presence in London, Chicago, Hong Kong and Sydney.
David Ryan resigned as chairman of Transurban today just as the toll road operator announced a swing back to profit. Chief executive Chris Lynch expressed surprise about the resignation in a conference call with reporters. Lindsay Maxted, ex-chief executive of KPMG Australia, takes his place.
The Macquarie vehicle said that CPPIB has completed due diligence on it after a month spent in its data room. Intoll expects to be able to announce a decision regarding CPPIB’s A$5bn offer to take it over no later than August 27, when Intoll presents its full-year results.
ACS ended up being the engine behind CVC’s entrance into Abertis’ shareholder base - but the transaction may only be a sign of larger restructurings to come.
A bank syndicate including fellow Abertis shareholder La Caixa, financial advisor Mediobanca, Santander and Société Générale are providing €1.5bn in debt to help fund CVC’s purchase of a 16% stake in the infrastructure company.
The ministry of finance has launched the Indonesia Infrastructure Finance company to provide long-term funding for the country’s infrastructure and promote PPPs. It launches with $179m of equity and committed loans of up to $224m.