Lisbon, Portugal

UBS AM makes first foray into Portugal, fully deploying AIIF II

The manager is following its $644m second equity fund with a third vehicle, said to be targeting about $1bn.
Highway traffic to Jacksonville, Florida, US

Macquarie settlement shows cost of getting traffic forecasts wrong

Macquarie Capital has settled a lawsuit with Syncora Guarantee for $38m, following accusations of using inflated projections to secure a toll road acquisition. We find the pre-crisis deal offers some valuable lessons for the transportation industry.

Corsair launches open-ended fund as $3.4bn Citi fund winds down

The new vehicle this week added Vantage Airport Group and plans to focus its strategy on airport and airport-related investments.

Blackstone’s infrastructure fund seals first two deals

A $3.3 billion midstream investment and an undisclosed transportation deal are the first steps toward building what Blackstone hopes will become one of the largest infrastructure businesses in the world, the firm’s executives said. The New York-based firm announced in a statement it had purchased a 44 percent stake in Tallgrass Energy, a midstream company […]

Fiera Infrastructure taps PPP pipeline with new partnership

Fiera Infrastructure is investing in a portfolio of public-private partnerships that Canadian construction services company EllisDon Capital is developing as part of a new partnership agreement. Alina Osorio, the infrastructure investment firm’s president, said Fiera will purchase large equity stakes in 10 social, healthcare and transportation projects across Canada that EllisDon is currently constructing. The […]
Parking

QIC sees tech-focused opportunities in new car park deal

QIC has struck its second car park deal, this time with Northeastern University, that entails not only managing the private university’s campus parking system for 50 years but the ability to invest in technological upgrades. Under the terms of the agreement, which QIC principal Aman Randhawa, described as the “first of its kind for a […]

Japan prepares new offshore wind auctions in 2019

The government is in the process of identifying candidate sites with the first auctions expected in ‘early summer’.

Second bundle of Indian roads fails to fetch minimum price

The country’s highways authority will have to choose between accepting a bid that’s lower than its base price of $766m or restructure and re-tender the bundle of eight toll roads.

wpd to scrap offshore wind project if Taiwan cuts tariffs – exclusive

The Taiwanese government is expected to announce a final decision on 2019 FiT by the end of next week.

Octopus makes first Australian investment with $322m solar farm

The London-headquartered investor says the deal will be ‘the first of many’ Down Under.

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