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Banks selected for Passante di Mestre bond financing

State-owned highways manager ANAS has selected one of two competing groups of banks to arrange the €800 million ($1.1 billion) bond financing for the Passante di Mestre toll road in Italy's Veneto region

Milan Metro Line 4 must sign financing by year-end

A consortium of Impregilo, Astaldi, Ansaldo and the Municipality of Milan must reach financial close by the end of December for the Milan Metro Line 4, a new 14.2km line that is due to cost roughly €1.9 billion ($2.4 billion)

Banks near financial talks with sponsors for third Istanbul airport

A group of Turkish banks lending to the third Istanbul Airport are still waiting to hear from sponsors but a source said that in the next couple of weeks they are expecting to enter financial term discussions with sponsors Limak, Cengiz, Kolin, Mapa and Kalyon

ProInversión seeks adviser for port logistics PPP

Peru’s private investment agency (ProInversión) seeks to hire an adviser to define the technical and financial scope of a port logistics PPP in Callao by November 2014

DIF to invest in operational Spanish PPPs

DIF Infrastructure III has signed an agreement for the transfer of 80% shareholdings in five of Iridium’s operational PPP projects in Spain

Institutional investor commitments for Milan Metro 5

Five institutional investors from Italy, France and Belgium have committed to a €150 million ($191 million) institutional debt tranche for the Milan Metro Line Five Extension PPP in Italy

APM Terminals gets Moin go-ahead

The Costa Rican Supreme Court has ruled in favour of the Government and APM Terminals in an appeal filed by the port workers' union against the new Moin Container Terminal (TCM) concession on the Caribbean coast

CAF, IFC ink Colombia FND equity

The Latin American Development Bank (CAF) and the International Finance Corporation (IFC) have made equity investments in Colombia's financial development institution, FDN, for a combined Ps170 trillion ($83m)

Dispute holds up Nigeria's Eko Rail PPP

Nigeria’s Eko Rail PPP is being held up by ongoing disagreements between the government and the concessionaire, IJGlobal understands

UK heritage organisations back Stonehenge road tunnel

The UK Department for Transport (DfT), the National Trust and English Heritage are now working together on proposals to build a new tunnel for the A303/A30 where it passes the world heritage site Stonehenge

Limbo for Ecomouv following Ecotax suspension

The sponsor and creditors are in limbo again following the government announcement of an indefinite suspension of the Ecotaxe, and IJGlobal has heard the sponsors will look at ways to protect their rights for a termination

Colombia's ANI awards Conexion Norte PPP

A Colombian-Spanish consortium has won the contest for the Ps980 billion ($472 million) Autopista Conexión Norte PPP in Colombia, infrastructure agency ANI have confirmed

OHL sells 5% of Abertis

Spanish developer OHL has sold a 5% share in toll road operator Abertis Infraestructuras to Inmobiliaria Espacio for a consideration of €704.9 million ($895 million)

Goa issues airport PPP RFQ

The Goan government’s Department of Civil Aviation has issued a request for qualifications (RFQ) for the development of proposed greenfield international airport in Mopa,Goa, India, on a PPP basi

UK's Silvertown Tunnel PPP likely for 2015

Transport for London (TfL) has launched a public consultation on the proposed £750 million Silvertown tunnel running under the Thames in London, which is likely to be a PPP project

Drawdown for Vinci Park bond refinancing

Infra Foch, which 100% owns Vinci Park, has successfully drawn down a €950 million unsecured bond issuance yesterday (16 October) and the proceeds have repaid acquisition bank debt from May 2014

Teasers out for Associated British Ports sale

Infracapital and Goldman Sachs Infrastructure Partners have yesterday (16 October) issued the teasers, beginning the sale process for their combined 33.3% share in Associated British Ports

Arizona DOT issues South Mountain Freeway RFQ

The Arizona Department of Transportation has issued a request for qualification (RFQ) for the estimated $1.8 billion South Mountain Freeway project

Three more prequalify for Santiago airport concession

Chile’s Ministry of Public Works, MOP, has prequalified three more prospective bidders for the Santiago Arturo Merino Benitez international airport concession

Durban plans port freight links PPP

The municipality of eThekwini in South Africa, which includes the city of Durban, is planning a R22 billion (US$1.98bn) package of freight and logistics projects which it hopes to deliver through a PPP

China and Russia plan $25bn high speed rail

China and Russia are planning a 770km high speed rail link between Moscow and Republic of Tartasan’s capital Kazan. The project is the initial stage of the proposed 7,000 km Moscow-Beijing railway

Ferrovial and MEIF4 sign agreement for UK regional airports

A 50/50 joint-venture of Ferrovial Aeropuertos and Macquarie European Infrastucture Fund 4 (MEIF4) has today (16 October) signed an agreement foto acquire Aberdeen, Glasgow and Southampton Airports, for an enterprise value of £1.048 billion

Aena's core investors selected

Three core investors will purchase 21% of Spanish airport operator Aena Aeropuertos, the state shareholder Enaire has announced

Gamuda launches Kesas toll refinancing

Malaysian infrastructure developer Gamuda has launched a M$735 million ($223 million) Islamic medium term note sukuk refinancing for the Shah Alam Expressway