Cezary Podkul
The social infrastructure investor has become the latest Babcock & Brown-managed fund to sever ties with the defunct Australian asset manager. It will also change its name to ‘International Public Partnerships Limited’, pending shareholder approval.
The social infrastructure investor has become the latest Babcock & Brown-managed fund to sever ties with the defunct Australian asset manager. It will also change its name to ‘International Public Partnerships Limited’, pending shareholder approval.
The City of Chicago is expected to give the investors up to six more months to reach financial close on their $2.5bn long-term lease of the Chicago airport. The investor group was originally targeting 6 April for financial close.
The City of Chicago is expected to give the investors up to six more months to reach financial close on their $2.5bn long-term lease of the Chicago airport. The investor group was originally targeting 6 April for financial close.
The first-of-its kind bid to lease an entire port’s operations for a $500m upfront cash payment and ongoing capital commitments has triggered a 120-day period during which the authority will accept competing proposals. Interest from competing bidders is said to be strong.
The first-of-its kind bid to lease an entire port’s operations for a $500m upfront cash payment and ongoing capital commitments has triggered a 120-day period during which the authority will accept competing proposals. Interest from competing bidders is said to be strong.
The first-of-its kind bid to lease an entire port’s operations for a $500m upfront cash payment and ongoing capital commitments has triggered a 120-day period during which the authority will accept competing proposals. Interest from competing bidders is said to be strong.
The managing director who advised the Commonwealth of Pennsylvania on its attempted $12.8bn lease of the Pennsylvania Turnpike will head infrastructure advisory for boutique investment bank Greenhill & Co.
The Swiss alternative asset manager argues in a research report the Chicago airport is a ‘trophy asset’ that exacted a high premium at a time when listed infrastructure comparables are indicating much lower valuations.
A bill that would grant public entities rights of first refusal for toll road development projects and mandate up-front re-purchase prices for concessions will go to a vote on the Texas Senate floor next week. The bill's sponsor, Robert Nichols, also backed a two-year moratorium on PPPs in 2007.