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IN THE MAGAZINE Premium content - for subscribers only
September 2010
Cover story: European finance roundtable
Six senior infrastructure figures on overcoming the fear factor
Feature: The Infrastructure Investor Minister of the Year 2010
The bottleneck destroyer
Special feature I: Fundraising
Searching for the right formula
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NEWS
 After failing to reach financial close before June’s parliamentary elections, the €3.3bn first stretch of Slovakia’s D1 highway did not survive the change of government, with the new transport minister now scrapping the PPP contract....more>>
 The Boston-based energy firm has been targeting $3bn for its fifth fund, which launched last year, but is switching placement agents....more>>
 The investment arm of government-backed power trading company, PTC India, has received infrastructure financing status from India’s central bank. The classification will enable PFS to engage in infrastructure lending in a more flexible manner. ...more>>
 Musician Bob Geldof is working with former Doughty Hanson senior principal Mark Florman in the development of an Africa-focused fund. Infrastructure will be part of the investment mandate....more>>
 Energy Investors Funds (EIF) is targeting $1.7bn for its fourth US power fund, and expects to hold a final close by the end of the year....more>>
 The US state issued a request for qualifications yesterday for the management of 17 rest areas and nine welcome centres along its highways. Interested parties should respond by November 10 with a request for proposals to be issued for pre-qualified bidders on December 17....more>>
 The directors of Intoll have recommended to their shareholders an all-cash takeover offer of just over $3bn from Canadian pension CPPIB. The bid represents an enterprise value to full-year 2010 EBITDA multiple of 26.6 times - but one Intoll shareholder called it ‘disappointing on a few fronts’....more>>
 International Public Partnerships, the London-listed infrastructure investor, released an encouraging set of half-yearly results at the end of last week and expressed optimism in prospects for the UK PPP/PFI market in which it specialises. ...more>>
 The pre-qualified consortia are required to submit fully financed offers by January 31 2011 for the more than 8,000 parking spaces on offer. The contract should be awarded in mid-February....more>>
 Infrastructure doyen Vito Gambarale and private equity veteran Carlo Mammola have joined forces with Berger, Lahnstein and Middelhoff to raise €250m for the Italian mid-market....more>>
 
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