Chase Collum
The project calls for a new terminal, airport roads, parking and aircraft facilities to be built at BioBio’s alternative airport.
Without an expedited programme, the Californian region's Water District fears the current water extraction practices could lead to “irreversible subsidence”.
The initiative would also create a national infrastructure corporation that would be 99% owned by the Treasury.
IFM has sold a 10% stake in the Indiana toll road to the US pension and an undisclosed stake to Allstate.
The low oil price environment continues to take a toll on energy companies, with Ultra Petroleum one of the latest victims.
The secondary share sale brought the Ontario government’s stake in the utility down to roughly 70%.
The legislation passed without authorising road and bridge projects, which were covered by the initial package.
Roughly one-third of pension executives in 20 countries polled by State Street said that their schemes were likely to increase the infrastructure allocations in the next three years.
Clean energy deals in Western Europe led the financial close activity this week.
The state's transport agency hopes the right to commercially develop and exploit the airports will draw strong interest for the $26m project.