PPP

The US-based private equity firm is said to ‘like’ the strategy John Laing’s recently-appointed CEO implemented, and believes it can grow the company faster under private ownership.

The manager is backing listed toll road firm SIPL in the development of nine toll roads under the country’s hybrid annuity model.

Yesterday’s announcement marks the first step in a three-month conversation over what will be included in the plan’s final version.

A call for a ‘shockingly innovative’ proposal to develop the state's latest toll road project hints at the future of project delivery.

The $1.24bn project will refurbish six schools in Prince George’s County, paving the way for similar bundled projects across the US.

University of Wollongong exercises right to buy back accommodation units early, resulting in its withdrawal from the process and prompting asset manager to reconsider the portfolio sale.

The Bank’s campaign to rally private money for infra and lopsided risk allocation has failed to mobilise funds for developing countries, and offers little help for building back better, Motoko Aizawa and Howard Mann argue.

After years of delays and recent months of legal wrangling, the private consortium selected to develop the $5.6bn light-rail project is walking away.

The acquisition of the 15.3km toll road includes a minimum guarantee cash yield for MIRA’s listed fund for the remaining 27-year concession term.

As the US enters recession, Amber Infrastructure Group’s Tom O’Shaughnessy believes pre-development agreements are part of the answer to realising the country’s $1trn infra promise.