Chris Glynn
A private operator of Luis Munoz Marin International Airport in Puerto Rico is expected to be named in August. Consortia led by Highstar and Macquarie are vying for the contract.
Williams Partners and Caiman Energy have formed a joint venture - a midstream company focused on Utica Shale. The startup is backed with $800m from Williams, EnCap and Highstar.
Ernst & Young has bought Jeffrey A. Parker Associates, a noted expert on privatisation. The deal is designed to establish the tax accounting giant as a PPP service provider.
Swiss asset manager Capital Dynamics held a final close for its US solar energy fund on $282m. The vehicle has built a geographically diverse portfolio and gained investor interest from Asia and Europe.
Fiera Axium Infrastructure landed its first ever solar power deal in a transaction with energy concern EDF Group. The deal followed a May buy of a wind farm in Quebec.
Congressman John Mica is adamant that the private sector can do a better job with US infrastructure. Convincing big government of that is his mission.
Global Infrastructure Partners closed a $2bn purchase of Chesapeake Midstream. The fund manager will shell out $2bn more for an additional LP interest in the company.
Humber College in Toronto has three consortia bidding on a contract to add an on-campus student center. PCL, Integrated Team Solutions and SNC-Lavalin are in the running.
House Bill 3 was signed into law, giving Pennsylvania a viable framework for privatising transportation infrastructure. The newly minted law marked the latest chapter in the state’s privatisation history.
A plan to reap up to $30m from a parking concession in Wilkes-Barre, Pennsylvania, was unpopular from the get-go. Last week, the parking authority put the final nail in the coffin on the idea.