Chris Glynn
Aird & Berlis hired lawyer Simon Finlayson from Infrastructure Ontario. The Toronto law firm is currently a special adviser to the Puerto Rico Public-Private Partnerships Authority.
Chicago Mayor Rahm Emanuel (pictured) paired public sector personnel with private sector experience for the maiden board of the Chicago Infrastructure Trust. Emanuel unveiled the billion-dollar undertaking in March.
HDR Incorporated has bought InfraConsult, a project finance adviser. The acquisition will help the engineering firm bolster its transportation infrastructure profile.
Brookfield Renewable Energy Partners scored a 351MW dam project from noted aluminium maker Alcoa. The renewable energy fund came into existence last year.
Ohio State University netted $483m for a 50-year lease of its campus parking. The deal is being hailed as a breakthrough for non-core infrastructure privatisation that could be a signpost for the asset class.
ArcLight Capital Partners paid $44m for Blackwater Midstream, offering a 29% premium to take the company private. The deal made ArcLight the latest infrastructure investor to purchase a midstream service.
James Bennett (pictured) has joined Kiewit Development Company as senior P3 executive. Bennett had headed North America for John Laing.
KKR Global Infrastructure Investors has closed with $1 billion in committed capital. The fund, launched in 2008, has helped the private equity firm establish a $4bn real asset platform.
The Arizona Department of Transportation landed $21.6m for its project, while California and Texas received a combined $77m. Tellingly, the latest $500m series of TIGER was oversubscribed by more than $10bn.
Conduit Capital will use the funding to further its renewable energy profile in Peru. The private equity firm will build two solar plants in rural Tacna as well as Panamericana.