Cezary Podkul

The organiser was originally hoping to wrap up meetings with respondents to its request for expressions of interest by the end of the month. It will now hold those meetings in April and will admit other letters of interest beyond the 17 it has already received.

Following its October launch, the online news service recently celebrated the registration of its 1000th user – an Australian private equity professional - by awarding a free pass to the upcoming Infrastructure Investor: Berlin conference.

Lawmakers estimate that the cash-strapped Midwest state could raise upwards of $5bn from long-term leases of the two assets. A bill being drafted would also create a catalogue of other assets the state owns so that lawmakers can determine what else they could monetise.

As the struggling firm continues its negotiations with its syndicate of lenders to restructure its balance sheet, it is warning investors that any agreement will likely leave “no value for equity holders” and “negligible or no value” for holders of the company’s subordinated debt.

The former Greenhill investment banker will join the ranks of five other directors at the global energy buyout firm, which is in the midst of raising its 12th energy fund targeting $12bn.

The withdrawal likely leaves five contenders for the UK’s second busiest airport. First-round bids for the airport, one of seven owned by BAA, were submitted last week.

A new public relations effort to promote private infrastructure investment in the US is making the right message at the right time, writes Cezary Podkul.

LaHood will oversee the transportation component of the $825 billion economic recovery package under debate and the reauthorisation of the US’ surface transportation bill, which will greatly impact how the nation’s infrastructure is financed.

The two firms have emerged as members of separate consortia that responded to Texas’ request for proposals to develop its I-635 corridor in Dallas County, also known as the 'New LBJ' project.

The agreement is suspended until Cintra and its consortium partners arrange full financing for the project. The consortium also has 12 months to present adjustments to capital costs, traffic projections and other terms impacted by the economic environment.