Chris Glynn
Puerto Rico is set to publish a RFP to four consortia for its juvenile detention centre. The centre, dubbed ‘New Beginning,’ is the first-ever social infrastructure PPP for Puerto Rico.
The Chicago Infrastructure Trust has a top position to fill and is beginning to draw up a job description. The ambitious but contentious initiative has been both criticised and praised.
Alaska Permanent Fund Corporation lost an annual 8.4% on its infrastructure allocation. The bulk of the $40bn organisation's allocation is invested with Citi Infrastructure Investors, Goldman Sachs Infrastructure Partners and Global Infrastructure Partners.
Virginia has reached financial close on a $935m PPP to add capacity to Interstate 95. The project is eyeing a $300m TIFIA loan later this year.
Michael Barz has joined SNR Denton from rival law firm DLA Piper. He will help lead its domestic and global infrastructure financing group.
The two partners have signed a definitive agreement to buy 60% of the toll road operator. The deal – estimated at $1.7bn – is a strategic boon for both Brookfield and Abertis and could yet prompt a full takeover of OHL Brazil.
Despite a three-year-old law, Arizona has never privatised a road. A project to improve cross-border commerce might undo what has been a PPP stall.
Zane Gresham is an airport privatisation specialist who has been involved in the recent Luis Muñoz Marin International Airport deal as well as the ill-fated Chicago Midway lease. To him, both were successful.
Indiana published a final call for a private partner to complete its portion of the Ohio River Bridges Project. A winning bidder should be picked by year-end.
Brookfield Infrastructure Partners bought a toll road in Chile, a utility in the UK, and is sizing up a stake in OHL Brazil. Meanwhile, its timber exposure might get scaled back.