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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.
Consortia led by Bouygues, Eiffage and VINCI have submitted initial offers for the construction of France’s ‘Pentagon’ – a €600m building in Paris which aims to concentrate all of the nation’s top military officials. A second round of bidding is scheduled for July 1 2010.
A subsidiary of Spanish construction company FCC together with Egyptian firm Orascom Construction have reached financial close for the pathfinder PPP – the €360m New Cairo wastewater treatment facility. Four regional banks provided debt for the project.
The Abu Dhabi Investment Authority has bought a 15% stake in London’s Gatwick airport. The deal is part of Global Infrastructure Partners’ plan to syndicate equity after it purchased Gatwick. The sale of a 12% stake to South Korea’s National Pension Service, announced earlier this week, is also part of the same syndication.
Portugal’s recently appointed public works minister has said that the country’s motorway concessions programme has been put on hold indefinitely as the government now focuses on developing high-speed rail and Lisbon’s new airport. The decision will not affect projects currently in procurement.
Boris Johnson, London’s Mayor, has strongly criticised the PPP contract to upgrade the London underground, calling contractors Ferrovial and Bechtel 'a bunch of rogue builders' and describing the PPP contract as 'larceny'. Tube Lines responds and urges Mayor to "stop playing games".
Ben Velazquez has joined Commerzbank to become head of its North American infrastructure financing business. He was previously at Standard Chartered Bank and has over 15 years of experience in the market.
The Spanish government has included a series of measures in this year’s budget that will allow it to bail out several road concessionaires which ran into problems with lower than expected traffic and, more importantly, higher than expected land expropriation costs. Help comes in the form of low-interest loans from the government, increased tolls, and extensions to the concessions’ life.
The UK energy regulator has proposed a series of radical measures to secure clean energy supplies and capture the £200bn in investment the sector needs over the next decade. These measures range from the UK setting a minimum price on carbon emissions independently of the EU to the more radical creation of a central buyer of energy - effectively nationalising the sector.
The National Pension Service is planning to buy a 12% stake in London’s Gatwick Airport from Global Infrastructure Partners.
South Korea's National Pension Service will buy a 12% stake in London’s Gatwick Airport from Global Infrastructure Partners for £100m. The UK's price correction makes property in the country a 'good buying opportunity'.
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