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Morandi Bridge: How to avoid a repeat of ‘everyone’s worst nightmare’

The fatal collapse indicates a public-private failure. But confronting the formidable challenges of maintaining ageing infrastructure will require more – not less – public-private cooperation.

London ‘super sewer’ CFO to advise UK government on nuclear financing

Mark Corben was ‘pivotal’ to the regulated-asset-base model used for the Thames Tideway project, which the Department for Business, Energy & Industrial Strategy is looking to replicate.

Australian competition watchdog clears Transurban’s WestConnex bid

The ACCC gives the green light to a consortium led by the toll road operator acquiring a 51% stake in Sydney Motorway Corporation, but the listed firm will have to publish data from existing concessions to level the playing field.

Canada Infra Bank’s first loan supports CDPQ’s light rail financing

The Canada Infrastructure Bank has provided its first project loan, committing C$1.28 billion ($980 million; €840 million) to help bring CDPQ Infra’s Montreal light rail development to financial close. CIB’s financing is a 15-year senior secured loan at a 1 percent rate, which rises to 3 percent over the term length. The C$35 billion federal […]

Australia’s asset recycling produces ‘compelling’ results, but also poses risks

Now the initiative has ended, with most of the available assets in private hands, Daniel Kemp looks at the risks of taking such large businesses private.

Italy to revoke Autostrade’s Morandi bridge concession but ‘unbalanced’ deals set to remain

Prime Minister Giuseppe Conte softens threat to nationalise all concessions but warns of ‘a clear signal of change’ to how they are operated.

US targets Panama for energy investments and regional LNG hub

The two countries have signed a memorandum of understanding to foster private investments in energy infrastructure, including a new 381MW gas-fired power plant.

Investors ‘despair’ as Australia’s PM ditches emissions reduction target

The government could also support new coal-fired power stations as PM Malcom Turnbull gives in to pressure from MPs within his own party.

Italy’s new government threatens to revoke motorway concessions after bridge collapse

The authorities are also demanding resignations and considering fines for operator Autostrade, following the incident in Genoa which killed at least 37 people.

National Energy Guarantee moves step closer as Coalition endorses policy

The Australian government’s flagship policy still faces a battle to secure support in Parliament, as well as from wavering state governments.

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