Bruno Alves
UK appeals court says the decision to force airport operator BAA to sell three of its seven UK airports was affected by 'apparent bias', but stops short of saying if it won’t have to sell more airports.
Morgan Stanley Infrastructure and Portuguese energy group Galp Energia have purchased Gas Natural’s Madrid distribution network for €800m. The deal is expected to close in the first half of 2010 with 11 banks providing debt.
The regulator has sided with London authorities and told Ferrovial-owned Tube Lines to cut its seven-year capital expenditure programme by 30%.
The Swedish fund has seen off competition from Infracapital Partners to acquire the gas utility. Swedegas is the fund’s third acquisition - and its first in Sweden - for which it is understood to have paid around €200m.
Maiden renewable fund will target solar and waste energy projects across Europe, the Middle East and North Africa.
Consortia led by France’s three largest construction companies – Bouygues, Eiffage and Vinci – have submitted offers for the Tours-Bordeaux and Bretagne Pays de la Loire high-speed rail lines. Both projects will benefit from a debt guarantee from the French government.