www.infrastructureinvestor.com Latest news from Infrastructure Investor5www.infrastructureinvestor.com article.aspx?aid=0&article=51257The 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.www.infrastructureinvestor.com article.aspx?aid=0&article=51257Wed, 10 Mar 2010 16:37:46 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51253UK 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.www.infrastructureinvestor.com article.aspx?aid=0&article=51253Wed, 10 Mar 2010 13:43:54 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51245Australian 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.www.infrastructureinvestor.com article.aspx?aid=0&article=51245Wed, 10 Mar 2010 07:47:30 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51232Gaurav Gupta, a former Nomura executive, will head Macquarie’s investment banking advisory business in India. www.infrastructureinvestor.com article.aspx?aid=0&article=51232Tue, 09 Mar 2010 23:19:02 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51225Earl 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.www.infrastructureinvestor.com article.aspx?aid=0&article=51225Tue, 09 Mar 2010 18:36:06 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51200Concessionaires are expected to agree to channel refinancing gains to help mitigate the increased availability payments they will receive from roads agency Estradas de Portugal. www.infrastructureinvestor.com article.aspx?aid=0&article=51200Tue, 09 Mar 2010 11:12:56 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51199In 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. www.infrastructureinvestor.com article.aspx?aid=0&article=51199Tue, 09 Mar 2010 10:58:52 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51198The 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.www.infrastructureinvestor.com article.aspx?aid=0&article=51198Tue, 09 Mar 2010 10:00:27 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51190The 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.www.infrastructureinvestor.com article.aspx?aid=0&article=51190Tue, 09 Mar 2010 00:05:25 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51184An 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. www.infrastructureinvestor.com article.aspx?aid=0&article=51184Mon, 08 Mar 2010 19:12:13 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51175In a recent interview, Citadel Capital founder and chairman Ahmed Heikal told Infrastructure Investor why he has so much confidence in East Africa that he is prepared to invest up to $400m in the region over the next couple of years. www.infrastructureinvestor.com article.aspx?aid=0&article=51175Mon, 08 Mar 2010 15:42:05 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51167Arcus European Infrastructure Fund, RREEF and Peel Ports have attempted to acquire UK ports operator Forth Ports for £612m. But Forth Ports has rejected the offer, saying it undervalues its business. The consortium is considering a higher bid with Peel Group mulling the sale of a stake in its airports business to help shore up any future bid.www.infrastructureinvestor.com article.aspx?aid=0&article=51167Mon, 08 Mar 2010 14:02:20 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51161Jeff Kendrew has joined Brookfield Asset Management as chief development officer of its infrastructure unit. He was previously managing director and chief executive of Australian infrastructure fund Prime Infrastructure.www.infrastructureinvestor.com article.aspx?aid=0&article=51161Mon, 08 Mar 2010 10:31:37 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51160Buried within the job creation measure, an extension of the US transportation spending authority through to 31 December could help avoid further standoffs over short-term extensions, which forced the Department of Transportation to temporarily furlough 2,000 workers last week.www.infrastructureinvestor.com article.aspx?aid=0&article=51160Mon, 08 Mar 2010 09:57:49 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51159In the same week that it agreed to a $427m water deal, JPMorgan Asset Management’s Infrastructure Investments Group said in a regulatory filing it had raised additional capital for its infrastructure fund.www.infrastructureinvestor.com article.aspx?aid=0&article=51159Mon, 08 Mar 2010 09:44:04 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51146Swedish construction firm Skanska has sold a stake in a Norwegian road PPP to two of its employee pension funds. The company expects to book a capital gain of €14m from the sale.www.infrastructureinvestor.com article.aspx?aid=0&article=51146Fri, 05 Mar 2010 12:19:32 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51145The Spanish company said in a recent statement that it is prepared to lose its concessions in Argentina and Bolivia, which account for some 2% of the company’s revenues, as political risk mounts. However, this is just a precautionary measure, a spokesman said.www.infrastructureinvestor.com article.aspx?aid=0&article=51145Fri, 05 Mar 2010 11:39:34 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51142Abu Dhabi Investment Authority wants to increase its execution and managerial capabilities for real estate investments. Don’t expect a similar attitude towards private equity and infrastructurewww.infrastructureinvestor.com article.aspx?aid=0&article=51142Fri, 05 Mar 2010 09:23:51 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51131Opinions and data can often tell a different story in the infrastructure asset class. www.infrastructureinvestor.com article.aspx?aid=0&article=51131Thu, 04 Mar 2010 21:12:05 GMTwww.infrastructureinvestor.com article.aspx?aid=0&article=51130As it seeks to bolster economic growth, Colombia is open to expert outside assistance in developing its infrastructure. Cezary Podkul spoke to Luis Guillermo Plata, minister of trade, industry and tourism, to find out more about the country’s priorities.www.infrastructureinvestor.com article.aspx?aid=0&article=51130Thu, 04 Mar 2010 20:16:06 GMT