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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

North Carolina DOT targets October close for I-77 PPP

The North Carolina Department of Transportation (NCDOT) is targeting financial close on the estimated $655 million I-77 managed lanes PPP project in October, IJGlobal has learnt

Initial bids due in November for Germany's A94

The initial bids are due in November for the €500 million A94 Forstinning-Marktl PPP in Germany and four consortiums are prequalified

Lenders emerge for Dutch A9 road PPP

The IXAS Southeast consortium has lined up debt from six commercial banks and the European Investment Bank (EIB) for the A9 Gaasperdammerweg PPP in the Netherlands

Nordic Investment Bank and EIB eye Finland's E18

The European Investment Bank (EIB) and Nordic Investment Bank (NIB) are in talks with the government of Finland to contribute significant amounts of debt to the E18 Hamina-Vaalima PPP in Finland

Transurban refinances Westlink M7

A Transurban led consortium has reached financial close on refinancing A$1.26 billion of debt on the Westlink M7 road in New South Wales, Australia

Full details for forthcoming Budapest Airport refinancing emerge

The financial close for the €1.3 billion ($1.7 billion) refinancing of Budapest Ferenc Liszt International Airport is due to occur by early September and IJGlobal can exclusively reveal the full details

Private placement imminent for A7 Bordesholm-Hamburg

Sponsors Hochtief, DIF and Kemna will this month issue €430 million ($574 million) to €440 million senior amortising bonds with a 2043 maturity to finance the A7 Bordesholm-Hamburg PPP

UK shortlists 36 housing schemes for £1 billion funding

Communities Secretary Eric Pickles has announced the first wave of projects shortlisted for the £1 billion ($1.7 billion) Large Sites Infrastructure Fund in the UK, to deliver new garden cities rather than sequential development around existing communities

Private funding only for Ireland’s DART Underground and Metro North

Ireland’s government will not provide funding in its allocations for the planned €4 billion ($5.4 billion) DART Underground and €4.75 billion Metro North mega projects, and the Minister for Transport must decide in 2015 whether to progress these projects

Adani’s Australian coal mine rail link approved

Indian conglomerate Adani Mining has received approval from the Queensland government construct a A$2.2 billion ($2 billion) 300KM rail line to connect Abbot point caol with Adani’s Carmichael coal mine.

ICA plans subordinate toll road bond

Mexican construction firm ICA plans to issue a subordinate bond in mid-September as a follow on to the toll road refinancing it closed last month, IJGlobal can reveal

Deloitte to advise on Rwandan port project

The Rwandan government has appointed Deloitte as transaction advisor for the Kigali Logistics Platform (KLP) project, which will entails the construction of an inland dry port in Masaka, Kicukiro District

Three shortlisted on Edmonton LRT PPP

The City of Edmonton in Alberta, Canada has shortlisted three teams for developing stage one of its light rail transit (LRT) PPP project

Illinois DOT issues RFI for South Suburban Airport

The Illinois Department of Transportation (IDOT) has issued a request for information (RFI) to deliver the new South Suburban Airport (SSA) project under a PPP agreement