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Bruno Alves

Bruno Alves is the Senior Editor of award-winning publication Infrastructure Investor. Bruno has been a journalist for nearly 20 years and first joined Infrastructure Investor in December 2009, where he quickly rose to become Associate Editor and a leading writer covering the infrastructure asset class. He’s been Senior Editor since 2015 and is also responsible for Agri Investor, PEI Group’s agriculture-focused publication.
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.
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.
Arcus 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.
Jeff 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.
Swedish 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.
The 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.
Brazil’s role as host of two major sporting events could cost it an estimated $500bn over the next five years. With such a tight and expensive deadline looming, the country would do well to take a look at Mexico if it wants to get the private sector on board to help it meet the bill.
UK infrastructure group Balfour Beatty has won its first US PPP contract outside the military sector – the $123m Florida Atlantic University student accommodation project. It has also sold stakes in two Scottish PPP projects for a combined £24.3m.
The National Australian Bank and Industry Funds Management are in talks with several pension funds to lend money to help fund major infrastructure projects. IFM is reportedly setting up a debt fund to that effect.
Toll road developers Atlantia, ACS, Abertis, Belfi, Cintra, Global Via, Hochtief and ISA have all suffered damages to their Chilean road concessions in the aftermath of the 8.8 magnitude earthquake that struck Chile over the weekend.
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