Gerelyn Terzo
The state’s Department of Transportation issued a Request for Qualifications as it seeks to develop 37 miles of toll road highway, potentially via a public-private partnership. The project represents one in nearly a dozen similar partnerships that the state of Texas has approved.
The Canadian pension manager, with $151.7bn in assets, is moving in on US energy transport, acquiring a 16.5% stake in a US oil and gas pipeline from ConocoPhillips.
The fund manager closed its maiden private equity fund after raising $420m from pensions and other institutions. Panda already has exposure to power generation assets, including traditional and alternative facilities, sprinkled across the US.
The Colombian firm has bought the 40% of the Chilean road developer it doesn’t already own from Spain’s Ferrovial. Last year, Ferrovial sold a majority stake in Cintra Chile to ISA for $290m, leaving the door open for the current transaction.
The Egyptian private equity firm intends to invest the lion’s share of the capital raised from a US government agency in Egypt - including Egyptian infrastructure - to support the transformation of areas reeling from the Arab Spring.
Increased private investment in energy, transportation and water is a key component of the country's economic reform plan through 2030.
The university has shortlisted the likes of Alinda, Carlyle, IFM, Macquarie, Ontario Teachers’, KKR and Queensland Investment Corporation for a proposed 50-year parking lease mandate.
A US Senate committee has passed a transportation bill urging private sector involvement. The legislation, which faces a steep $12bn capital deficiency, has since been handed off to the entire Senate for a vote.
The Australian state of Victoria is days away from formalising a decision on the contract for the Victorian Comprehensive Cancer Centre, with a Plenary-led consortium poised to win the deal.
The Egyptian-based private equity firm is in the final stages of a $150m long-term debt financing. While exits from larger portfolio holdings have been delayed for at least one year, smaller liquidations should net the firm another $50m.