Chris Josselyn

The UK-listed support services and construction company saw its profit before tax for the six months ending June 30 rise over 90% to £51.9m, boosted by a 23% growth in profits for its PPP business.

Babcock & Brown Infrastructure is to separate from management company Babcock & Brown and internalise its management structure, after which it will be known as Prime Infrastructure Holdings. It has just posted a A$1bn loss.

The private equity firm has acquired Everpower Wind Holdings, which has one operational wind farm to date in Pennsylvania, from renewable energy fund Good Energies. It is Terra Firma's first deal in the US.

Mayor of London Boris Johnson has hit out at the performance of PPP vehicle Tube Lines in upgrading part of the London Underground. Johnson said he is ‘hugely frustrated’ at the consortium’s progress to date.

The UK-listed engineering and construction company has been awarded a $415m contract to design and build part of the State Highway 161 Tollway in Texas. US contracts now represent 30% of the group’s total revenue.

The listed fund is considering becoming the latest Macquarie fund to separate from its management company, as it reports a A$2.5bn pre-tax loss.

A Bouygues-led consortium has been named the preferred bidder for a 38-year PPP project to develop a tram system on the island of Réunion.

The International Finance Corporation has committed $1.8bn of investments to 30 African nations over the past year, a record for the bank since its establishment in 1956.

As Macquarie and Everbright tap Chinese sources for capital, will other infrastructure funds overcome Chinese regulatory challenges and follow their lead? Chris Josselyn investigates.