Chris Glynn
The Mexican firm has sold its holdings in the Irapuato-Le Piedad highway and the Queretaro-Irapuato highway to ICA affiliate RCO, which is also part-owned by Goldman Sachs.
After a slight holdup, Ohio chose Citigroup Global Markets, KPMG Corporate Finance, Public Financial Management, Macquarie Capital and Morgan Stanley. The eventual winner will help determine a possible fate for the 241-mile stretch of road.
The PR-22 deal is the debut PPP from the Puerto Rico Public-Private Partnerships Authority, not to mention the first brownfield toll roll project in the US since 2006.
After winning the confidence and financing of hedge fund billionaire Julian Robertson (pictured), Tiger Infrastructure Partners Fund is raising capital.
Lawyer Linda Morgan, who headed the Surface Transportation Board, was named partner and will help the law firm expand its infrastructure offering.
Politician Charlie Hernandez alleged Puerto Rico is wrong for sharing law firm Mayer Brown with would-be PPP partner Macquarie. But the public-private partnerships authority is hitting back and a $1bn project intended to remake the Luis Munoz Marin International Airport is moving on.
Three consortia including Vinci, OHL, Cintra, Meridiam and ACS have been invited to bid for the estimated multibillion dollar ‘historic’ highway project, touted as a Peach State milestone.
Long-time executive Andrew Day, who has extensive private equity experience, is replacing outgoing chief executive Steve Boulton following his retirement in March.
The IFC and its ALAC Fund has made a crucial $30m equity investment in upgrading Rift Valley Railways, a long running project involving Egypt-based private equity powerhouse Citadel Capital.
Toby Buscombe has left Access Capital to help consultant Mercer in its effort to build out its profile in Asia, Australia and New Zealand. He is the second former Access official to join Mercer in 2011.