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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

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

Philadelphia receives 16 proposals for port complex PPP

The Philadelphia Regional Port Authority (PRPA) has received 16 proposals in response to its recent request for expressions of interest (REI) for the Southport Terminal Complex PPP

DIF III increases stake in DBFO2

DIF Infrastructure III has acquired an additional 25% shareholding in the DBFO2 road project in Northern Ireland

Costa Rica approves major port project

The Costa Rican government has given the go-ahead for the development of a major container terminal worth an estimated $900 million

Saba signs debt for Barcelona carparks acquisition

Saba Infraestructuras signed a €124.1 million ($155 million) financing with a group of eight lenders on Friday 14 November 2014 for its acquisition of a 60% shareholding in Barcelona’s car park concession company, IJGlobal can exclusively reveal

New additions to Colombian 4G consortia

Two local construction firms are understood to have joined consortia which won highway projects in the first wave of Colombia’s 4G concessions, IJGlobal has learnt

State of Virginia approves PPP reforms

The State of Virginia's Commonwealth Transportation Board (CTB) has approved new reforms to increase transparency and competition in transportation PPP projects

Mumbai Metro Line II to be re-tendered

The $1.94 billion Mumbai Metro Line II project will be retendered by the Mumbai Metropolitan Region Development Authority (MMRDA) after a Reliance Infrastructure led consortium annulled its agreement to develop the project

Financial close for A9 Gaasperdammerweg

The IXAS Zuid-Oost consortium reached financial close on the A9 Gaasperdammerweg road PPP, located south east of Amsterdam, on 13 November 2014

Stratus Infrastructure launches US operations

Stratus Infrastructure, the PPP transactions and asset management consultancy, has launched its services in the US with an office in Charlotte, North Carolina

Balfour Beatty disposes of German rail businesses

Balfour Beatty has reached an agreement to sell parts of its German and Austrian Rail business to Austria’s Rhomberg Sersa Rail Group (RSRG)

Mexico defends HSR retender

Mexico’s Secretariat of Communications and Transport (SCT) yesterday published an explanation for the cancellation of the Mexico-Querétaro high-speed railway tender, which was awarded to a Chinese-led consortium earlier this month

UK DfT approves Northern Line Extension

UK Transport secretary Patrick McLoughlin has approved the Northern Line Extension, a £1 billion ($1.6 billion) project to extend the London Underground line further south from Kennington to Battersea via Nine Elms.

Infrastructure UK guarantee for Thameslink refinancing

The Department for Transport and sponsors plan to use the Infrastructure UK guarantee in the refinancing of the Thameslink rolling stock project, IJGlobal can exclusively reveal