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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

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

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