10 Mar 2010 13:38 GMT UK PPP arbiter Chris Bolt has set the final cost for the upgrade of London’s underground rail at £4.46bn over the next seven-and-a-half years - £460m more than the London authorities are willing to pay. Mayor Boris Johnson threatens legal action against the arbiter....more>>
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10 Mar 2010 16:34 GMT The UK-based waste management company said a ‘final price indication’ of 120 pence per share, or 15 pence less than Carlyle’s preliminary price indication last year, was too low. Carlyle was seeking to buy the company using capital from its €5.4 billion Carlyle Europe Partners III buyout fund....more>>
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10 Mar 2010 07:46 GMT Australian investment manager AMP Capital has hired Boe Pahari from Foreshore Global Capital to head its infrastructure investments in the Asia Pacific region. It is a new role at the firm....more>>
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09 Mar 2010 23:12 GMT Gaurav Gupta, a former Nomura executive, will head Macquarie’s investment banking advisory business in India. ...more>>
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09 Mar 2010 18:34 GMT Earl Mahfuz, the state’s new PPP director, said in an interview that Georgia’s first project, the $2.3bn ‘West by Northwest’ toll road development is being modeled after the North Tarrant Express in Texas. Both projects will share the use of pre-development agreements, managed lanes and financing techniques....more>>
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09 Mar 2010 11:12 GMT Concessionaires are expected to agree to channel refinancing gains to help mitigate the increased availability payments they will receive from roads agency Estradas de Portugal. ...more>>
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09 Mar 2010 09:57 GMT The Scandinavian country’s first rail PPP, worth €660m, is moving forward with the Finnish rail authority having appointed legal and financial advisers for the project earlier this month. Initial offers are expected in September this year....more>>
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08 Mar 2010 23:50 GMT The Canadian pension will receive the money in exchange for a ‘full and final’ settlement of a 2006 dispute over the timing of a debt converstion in Intoll’s predecessor company, the Macquarie Infrastructure Group....more>>
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09 Mar 2010 10:58 GMT In the March 2010 issue of Infrastructure Investor magazine, Alinda Capital Partners’ managing partner Christopher Beale claims that the bubble years were effectively a 'laboratory experiment' for infrastructure investment. When GPs misplaced the fundamentals of sound investing, the experiment went wrong. ...more>>
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08 Mar 2010 19:03 GMT An advisor for a package of toll road deals is set to be named in the next few days, followed by advisors for airport and energy deals. The selections come as Puerto Rico has concluded setting-up its PPP programme with the help of Macquarie Capital, which is also a potential advisor on the toll roads. ...more>>
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