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Italy appoints Salini Impregilo and Fincantieri to rebuild Morandi Bridge in €202m deal

Autostrade, which holds the concession for the bridge, has been excluded from the project but will pay for the reconstruction.

Atlantia director resigns over ‘inappropriate’ bonus pay-outs

Lynda Tyler-Cagni wanted to suspend bonuses for staff following the Morandi bridge disaster, but Atlantia said it was unable to do so, citing legal grounds.

F2i closes innovative third fund on €3.6bn hard-cap

The close comes after a ‘strict and intellectually rigorous process’ to roll over assets from the Italian group’s first fund, chief investment officer Carlo Michelini tells us.

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.

Politics poses biggest risk to European credit

Potential crisis around trade, Brexit and Italy’s government could cause trouble for credit markets.

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.

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.

Second Tages renewables fund hits €120m first close

Tages Helios II is a successor to a €253m vehicle that closed in June 2017 and can also invest in wind assets.

iCON buys majority share in Italian waste management company

The Eco Eridania stake is the UK firm’s first investment in the sector and the maiden transaction through its iCON IV fund.

KGAL’s renewables fund hits €382m on second close

The German manager’s €500m ESPF4 vehicle has added five investors and expects to complete fundraising by the end of the year.
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