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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

Consortia circling Moscow Central Ring Road PPPs

IJGlobal has learned of bidders circling the Moscow Central Ring Road Sections Three and Section Four, for which Avtodor hosted an information day on Monday (29 September 2014)

IFC considers Indian roads investment

The International Finance Corporation (IFC) is considering investing up to $90 million in equity and $150 million in debt refinancing in an Indian roads portfolio managed by I Squared Capital (ISQ)

Contractual close for East West Link

The East West Connect consortium has reached contractual close on the roughly A$5.3 billion East West Link project

Mersey Gateway Crossings Board confirms advisers

The Mersey Gateway Crossings Board has appointed a team of CH2M Hill, Ramboll and IBI for technical and contractual advice throughout the design and construction stages of the £600 million bridge PPP project

Advisers in place for imminent Slovak road PPP

Ministry of Transport, Construction and Regional Development of Slovak Republic has awarded the advisory contract for D4 and R7 PPP procurement; tender due by year-end

VINCI Park bond refinancing imminent

The owners of VINCI Park have mandated the bookrunners for a capital markets refinancing of the acquisition debt and are aiming for an issuance in late October or November, IJGlobal has learnt

Mota-Engil to build another Mexican highway

A consortium comprising Mota-Engil and México-PRODI-Desarrollo y Recuperaciones Urbanas has won the contract to develop the Tuxpan-Tampico highway project in Veracruz state

Heijmans and 3i reach close for A12

Heijmans Capital, a joint-venture between Heijmans and 3i Infrastructure, has reached financial close on an €80 million ($102 million) project to widen and maintain the A12 Veenendaal – Ede - Grijsoord in the Netherlands

IFC sounds out market for Kampala-Jinja Expressway

The International Finance Corporation is to discuss potential debt coverage with a London-based development finance institution (DFI) for the Kampala-Jinja Expressway PPP project in Uganda, IJGlobal understands

Financial close for Budapest Airport refinancing

A PSP-led consortium reached financial close yesterday (25 September 2014) on a €1.32 billion ($1.7 billion) refinancing of Budapest Ferenc Liszt International Airport

ADB approves Sri Lankan road loan

The Asian Development Bank (ADB) has approved an $800 million loan facility to fund rural and national road upgrades Sri Lanka

Poland seeks roads PPP consultant

The General Directorate for National Roads and Motorways in Poland is seeking legal consultants to advise for two years on upcoming roads projects

Pakistan’s M9 negotiations begin again

Frontier Works Orginisation (FWO) and the National Highways Authority of Pakistan (NHA) have restarted preliminary negotiations over the 25-year concession agreement for the 36km M-9 Hyderabad to Karachi Motorway

NHA belatedly delays KLM bid deadline

The National Highways Authority of Pakistan (NHA) has reversed its decision not to grant an extension to the deadline for bids for the proposed 1,152km six-lane Karachi to Lahore motorway after all the bidders requested more time.

Georgia DOT launches I-285/SR 400 reconstruction PPP

The Georgia Department of Transportation is seeking a private sector partner for its estimated $1.06 billion I-285/SR 400 Interchange reconstruction PPP project

Procurement nears for Finland Tram PPP

The City of Tampere is preparing documents for the Tampere City Tramway project which the city hopes to implement the project as a PPP

KPMG advises on Sendai airport privatisation

KPMG has been named as financial adviser for Japan’s Ministry of Land, Infrastructure, Transport and Tourism on the privatisation of Sendai Airport

Pakistan’s M2 gets firm financial close date

The M-2 Islamabad to Lahore motorway refurbishment project is set to reach financial close on 9 October 2014 after months of delays, IJGlobal can reveal

Final bids emerge for Liège Tramway

The two consortiums in the race for the €380 million ($488 million) Liege Tramway PPP in Belgium both submitted final bids this week on 15 September and IJGlobal can exclusively reveal bid details