Chris Glynn
Morgan Stanley Infrastructure and EQT Infrastructure Partners are some of the big names involved in a potentially precedent setting bid for an on-garage and on-street parking concession in Harrisburg.
Following an oft-heated legislative session, the Maryland Senate passed a measure to help promote privatisation. The vote in favour was 26 to 20.
A new Arizona bill has been signed into effect by Governor Jan Brewer which could see the implementation of a tolling system framework more favourable to the private sector.
A consortium teaming Skanska and AECOM has been named preferred bidder for a UK waste management project. Sweden-based Skanska says the project is worth almost £170m.
Stonebridge Financial, a Toronto-headquartered company, is still seeking more investors for its infrastructure debt vehicle. Stonebridge has developed the fund with cooperation from PBI Actuarial Consultants.
Skanska, the Swedish infrastructure developer, and fund manager International Public Partnerships have reached financial closed on a school project in Essex County worth some £26m.
On the back of a load of legislation, Pennsylvania is set to become a leader in privatization. A pro-PPP bill, HB3, has gotten the go-ahead.
The Ontario Teachers’ Pension Plan said infrastructure generated a 7.7% gain last year. The pension fund grew its asset base to a staggering $117bn.
Terra-Gen Power, owned by ArcLight Capital Partners and Global Infrastructure Partners, has unloaded a 150MW wind farm in California. ArcLight sold 40% of Terra-Gen to GIP in 2009.
Kentucky, which has opted for a traditional design-build model for its approach to constructing a bridge to Indiana, has compiled a bidder shortlist. But Indiana, looking for a toll road concession, is awaiting responses for a RFQ.