Kalliope Gourntis
Effective Feb 1, the reduced rates will rise gradually through 2017 or upon substantial completion of the project to reach initially agreed upon levels.
Funding infrastructure now is the only fiscally responsible path forward, the Transportation Secretary said in a speech outlining his priorities.
Of the $100m, the MIC subsidiary will use $65m to fund its recently announced acquisition of Galaxy Aviation assets.
The Illiana toll road project has advanced, with six consortia responding to Indiana’s RFQ for its portion of the project.
The energy-focused private equity firm has acquired an 865MW power plant in Texas from GIP and Fortistar for an undisclosed amount.
Energy Capital’s portfolio company has promoted Rene L. Casadaban to chief operating officer.
Maryland’s DOT has selected four out of six teams to compete in the next stage of the $2.2bn light rail P3 project.
The transaction is the Australian fund manager’s first debt investment in the North American power sector.
Riverstone’s portfolio company consolidates its position in the Gulf of Mexico Shelf with the $750m acquisition of SandRidge Energy’s Gulf of Mexico and Gulf Coast businesses.
Kaye Scholer’s Joel Moser foresees M&A activity in the energy sector going strong in 2014, particularly in the unconventional space.