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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

EU launches fund and advisory hub for Investment Plan for Europe

The European Commission has today (26 November 2014) launched its Investment Plan for Europe, an initiative intended to unlock €315 billion ($394 billion) of private and public investments in the real economy over the next three years

PennDOT issues RFQ for CNG fuelling stations PPP

The Pennsylvania Department of Transportation (PennDOT) has issued a request for qualifications (RFQ) for development of compressed natural gas (CNG) fuelling stations at public transit agencies across the state

Fraport/Slentel win Greek regional airports privatisation

The Hellenic Republic Asset Development Dund (HRADF) yesterday (25 November 2014) announced Fraport and Slentel consortium as preferred bidder for the first two clusters of the regional airports privatisation

Bosnia's Corridor 5c PPP launch may face delays

Recent Parliamentary election in Bosnia & Herzegovina threaten to delay the launch of a new Corridor 5c highway PPP project scheduled for May 2015

Japanese consortium wins Myanmar’s Mandalay airport privatization

A Jalux and Mitsubishi Corporation led consortium has signed a 30 year concession agreement with Myanmar’s Department of Civil Aviation to rehabilitate and operate Mandalay International Airport, central Myanmar

Russian road PPP proposed

The Russian chairman of state highways agency Avtodor and the regional governor of Kostroma discussed during a meeting implementing a new PPP to deliver a new highway bypass around Kostroma and a bridge across the Volga river

Avtodor awards two Russian road building contracts

Avtodor has reviewed bids and awarded two long term investment contracts for roads projects in Russia: the Moscow Central Ring Road Section Five and the M3 Ukraine

Colorado's C-470 toll lanes project to take design-build route

The Colorado Department of Transportation's (CDOT) High Performance Transportation Enterprise (HPTE) has recommended that the C-470 tolled lanes project be developed as a publicly funded, design-build concession project

Abu Dhabi to fund Madagascar road projects

State-owned investment vehicle Abu Dhabi Fund for Development has committed to loans totalling Dh110 million ($30 million) to support the construction of several road projects in Madagascar

Five committed institutions emerge for Milan Metro 5

IJGlobal can reveal the five institutional investors which have committed to provide €150 million ($186 million) between them to the Milan metro Line Five Extension PPP

Kazakhstan to tender Almaty Ring Road PPP in December

The Government of Kazakhstan’s (GoK) Ministry of Investments and Development (MID) will start the tender process for the $680 million 66km Almaty Ring Toll Road PPP in December 2014, IJGlobal has learnt

A66 Benavente-Zamora refinancing begins

Sponsors Meridiam, Acciona and Cintra are in discussions with institutional investors and banks for refinancing the €200 million A66 Benavente-Zamora in Spain

Passante di Mestre bond issuance approaches

The €800 million bond issuance for the Passante di Mestre toll road refinancing is approaching and is likely to take place in January or February next year, IJGlobal has learned

AfDB approves loan for Rwanda’s Base-Rukomo road

The African Development Bank has granted board approval for a loan of $74.47 million to the government of Rwanda for the upgrading of the Base-Rukomo road

Qatari interest for HS2 regeneration projects

In a state visit to the UK the Emir of Qatar expressed a desire to invest in UK regeneration projects that relate to the government funded High-Speed 2 (HS2) rail project

EBRD and EIB lend to Moldova railways

The European Bank for Reconstruction and Development (EBRD) is providing a €52.5 million ($66 million) to Moldova’s state railway company Calea Ferată din Moldova