PPP

But interest from the private sector was strong with 18 firms expressing interest in operating Lambert airport under a PPP agreement that would have generated $2bn in net proceeds for the city.

The project, which includes a link between Maryland and Virginia, is set to be one of the US's largest PPPs.

The firm has already made its first investment, acquiring a 44% stake in Germany’s A8 motorway from InfraVia and Egis.

The change in ownership comes as the PPP consortium reached contractual close with the NSW state government on an extension of the project.

How Blackstone's mega fund, the continuing rise of renewables and uncertain future of PPPs will shape the market

The Silvertown Tunnel project was pursued by Transport for London, rather than the UK’s central government, which last year abolished PPPs.

Greece’s privatisation agency agreed an extension to the existing concession agreement through November 2046 in order to make the 30% stake on offer ‘sexier and more attractive’.

The National Highway Authority of India is aiming to raise over $1bn through the privatisation of two bundles of roads.

The GI Hub’s Marie Lam-Frendo and Inderst Advisory’s Georg Inderst tell us what they think.

The US engineering company, which reported more than $500m in losses in the second quarter, said it would seek a ‘more balanced’ risk allocation for future projects.