Chris Josselyn
The Australian wind energy investor, formerly known as Babcock & Brown Wind Partners, has said the sale of its US wind assets could raise over $2bn, as it looks to increase its exposure to the Australian wind energy market.
The private equity house has reached first close on its infrastructure fund of funds, garnering $150m of commitments. It is targeting total commitments of over $300m.
$5.64 billion infrastructure fund Global Infrastructure Partners (GIP) has entered into a joint venture which will see it invest $588 million in the midstream gas sector. GIP has signed an agreement with US natural gas producer Chesapeake Energy to form a new midstream natural gas gathering joint venture called Chesapeake Midstream Partners (CMP). GIP will […]
A host of infrastructure funds are lining up in the race to acquire nine high-voltage electricity transmission assets. UK regulator Ofgem, which is handling the sale, expects to announce the winning bidders in early 2010.
The construction firms have been penalised a combined £129.5m by the UK’s Office of Fair Trading for illegally colluding on infrastructure and construction projects between 2000 and 2006. The OFT said 86 of the firms had their fines reduced in return for admitting their involvement in the bid-rigging.
The construction firms have been penalised a combined £129.5m by the UK’s Office of Fair Trading for illegally colluding on infrastructure and construction projects between 2000 and 2006. The OFT said 86 of the firms had their fines reduced in return for admitting their involvement in the bid-rigging.
The Federal Aviation Administration has approved the New Orleans Aviation Board’s preliminary application to privatise Louis Armstrong New Orleans International Airport, meaning a competitive bidding process for the lease can now begin.
The Fortis Investments Clean Energy Infra Fund has secured €158m of commitments from institutional investors, including two Dutch pension funds. The target size of the fund is €450m.
The debt-burdened Australian infrastructure investor has halted the trading of its shares as it ponders a refinancing offer from a consortium of hedge funds. BBI has A$300m of debt due in February 2010.
UK construction group Balfour Beatty is set to acquire engineering and consulting companyParsons Brinckerhoff (PB) in a $626 million deal aimed at turning Balfour into an “integrated leader” in the infrastructure services sector. Balfour revealed this afternoon that it has reached a conditional agreement with the management of the US company, which is currently owned by its employees. […]