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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

Macquarie, Ferrovial close on UK regional airports acquisition

Macquarie European Infrastructure Fund 4 (MEIF4) and Ferrovial have reached financial close today (18 December 2014) on the acquisition of Aberdeen, Glasgow and Southampton Airports from Heathrow Airports Holdings

Brazil's OAS mulls Invepar sale

Brazilian engineering company OAS is contemplating selling its 25% stake in infrastructure concession company Invepar, according to local media

Italy plans partial privatisation of state rail company

Italy’s government intends to privatise close to 40% of the national railway company Ferrovie dello Stato Italiane in 2015, Minister for the Economy Pier Carlo Padoan has said in an interview

Abertis sells Mexican airports stake

Abertis has closed the disposal of its full stake (33.33%) in Aeropuertos Mexicanos del Pacífico (AMP) to its Mexican partner Controladora Mexicana de Aeropuertos (CMA)

China approves new Beijing Airport

China’s National Development and Reform Commission has approved a feasibility study for a new RM80 billion airport in Beijing

Final bids in for M11 Gorey-Enniscorthy

Yesterday (16 December 2014) final bids were submitted for Ireland’s M11 Gorey-Enniscorthy in County Wexford, a roughly €320 million ($397 million) PPP project

Missouri DOT plans highway upgrade PPP

The Missouri Department of Transportation (MoDOT) is planning to upgrade and expand the Interstate 70 highway (I-70). MoDOT has proposed that the upgrade projet be procured as a PPP

ACS-led group favourite for second phase of California HSR

The California High-Speed Rail Authority (CHSRA) has identified a Dragados/Flatiron/Shimmick consortium as its preferred bidder for the second phase of its high speed rail project

Leighton sells half of services business to Apollo

Leighton has sold half of its share ownership in its services business Thiess and Leighton Contractors to Apollo Global Management for A$700 million

Another delay for Philippines’ LRT-2

The DOTC has pushed back the deadline for the submission of prequalification documents for the operation and maintenance contract for the LRT-2 project until January 27

RFQ deadline for Philippines’ Southwest Terminal PPP postponed

The Philippines’ Department of Transportation and Communications (DOTC) has pushed back the deadline for submission of statements of qualification for the Ps2.5 billion ($55 million) Integrated Transport System (ITS) – Southwest Terminal

Philippines’ DOTC launches six airport PPPs

The Philippines' Department of Transportation and Communications (DOTC), in conjunction with the Civil Aviation Authority of the Philippines (CAAP), has issued a request for qualifications for a PPP covering six airports

Pakistan’s M2 finally reaches financial close

Frontier Works Organization (FWO) has reached financial close on the $350 million M2 Islamabad to Lahore motorway refurbishment project, after months of delays

Public sector agrees financing for IJMond Sea Lock PPP

The Dutch Ministry of Infrastructure and Environment, the province of North Holland and the City of Amsterdam have agreed their financial contributions to the IJMond Sea Lock PPP

Turkey’s YDA issues bonds to fund equity for PPPs

Turkish construction firm YDA Inşaat Sanayi ve Ticaret has issued TL200 million of bonds on the Borsa Istanbul, and the proceeds will be used to fund YDA’s equity contributions to several infrastructure PPPs

Illiana corridor gains federal environmental approval

The US Federal Highway Administration (FHWA) has signed the tier two record of decision for the Illiana Corridor PPP project, marking the completion of the project's environmental planning phase

Sponsors near commercial close on Penn bridges PPP

The Plenary Walsh Keystone Partners consortium is expected to reach commercial close on Pennsylvania's $899 million rapid bridge replacement PPP project this month (December), IJGlobal can confirm

ADB approves Ji’an transport system loan

The Asian Development Bank (ADB) has approved a $120 million loan to design an efficient urban transport system to capitalize on new high speed rail links planned for Ji’an, Jiangxi Province, China.

Financial close for Aberdeen Western Peripheral Route

Balfour Beatty, Carillion and Galliford Try have today reached financial close for the roughly £600 million Aberdeen Western Peripheral Route and Balmedie-Tipperty PPP in northern Scotland, the country's largest to date

Adviser mandated for California's Highway 156 project

The Transportation Agency for Monterey County (TAMC) has appointed Ernst & Young as financial advisor for the proposed Highway 156 upgrade project in California