Zak Bentley
Some 11 years after an abortive deal between Europe’s toll road giants, the Italian firm has moved to try and combine the two again.
.jpg?id=12885346818 "INPP launches £250m share issue")
The listed fund is intending to use the proceeds, which could reach up to £330m, to repay its debt facility following two high-profile acquisitions.
Teaming up yet again for a European motorway project, the two French firms have secured the support of five development and commercial banks.
The new vehicle will begin making investments this year and will include commitments from SDCL’s former GIB consortium members.
Investing alongside Italian group Enel, the 275MW project represents the firm’s second solar deal in Australia.
The three bidders for the Thessaloniki Port Authority have been told to up the size of their offers in another delay to Greece’s privatisation programme.
The High Court judged that the sale process of the Green Investment Bank, which has attracted fierce political opposition, did not breach any legal grounds.
LocalTapiola’s SKr200m contribution has brought the Swedish manager closer to its final target of Skr4bn, expected to be reached later this year.
A substantial recent increase in traffic and a far more competitive auction for neighbouring Belgrade airport has also affected the government’s decision.
Patrick Bossert’s role will include advising central and regional governments in the UK on getting the most out of infrastructure assets.