Chris Glynn
The fund, managed by former Macquarie executives in Toronto, was created at the behest of a coalition of Canadian institutional investors. It is aiming to raise up to C$750m in total.
Peter Raymond is now handling US infrastructure for PricewaterhouseCoopers. Raymond is an experienced adviser who will replace former US and global infrastructure head Carter Pate.
The Darwin Correctional Precinct is a $513m, 800-bed facility. Commonwealth Bank of Australia – also an equity holder – National Australia Bank, New Zealand Banking Group and WestLB are providing debt for the deal.
A 30-year contract for a psychiatric care facility in Canada was awarded to SNC-Lavalin. The centre is scheduled to open in 2014.
A request for information regarding an 11-mile road redevelopment in the Lone Star state is due October 31. The project, which could involve a 52-year concession, may be worth more than $240m.
Abbotsford in British Columbia has embarked an information campaign aimed at winning public approval for a PPP that would revamp the city’s water system. The project is set for a November 19 vote.
Major Anchorage PPP can move forward after the city was reassured that the bridge project will not hinder business at the Port of Anchorage.
The ‘Big Four’ firm has created a dedicated infrastructure team and will compete with KPMG and PwC. PPP veteran Nick Prior will lead the charge.
Capstone Infrastructure has bought 70% of UK-based Bristol Water for $215m, giving the company a ‘platform investment’ in water infrastructure.
A level playing field is among the requests volunteered by infrastructure investment professionals asked for their regulatory wish-lists. Chris Glynn did the quizzing