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The project, closed last month, was nearing financial close at the beginning of 2020. Then, the pandemic struck and the risk structure was overhauled.
The programme to repair and replace nine bridges across the state has been declared by a Pennsylvanian court as invalid from inception.
The Department of Energy expects the project to result in multiple public-private partnerships, four regional direct air capture hubs and an onset of research and development for the budding domestic pollution market.
Canada’s second-largest pension fund has been paid C$100m to step away from the project after a public backlash led the government to take on the project itself.
The Meridiam-led project reached an agreement with the State of Maryland to seal a new $2.7bn financial close and procure a new design-build contractor.
The Spanish group has been brought in to provide further development capital as the New York airport begins its reconstruction.
Latin America, Brazil, South America
It's not only the 126 auctions of private concessions Brazil plans to hold this year that will attract international investors, but also FDI-friendly regulation, writes Apex-Brasil CIO Adalberto Netto.
The plan, first announced in 2018, has undergone a significant restructuring in light of complications caused by covid-19.
The public benefit corporation seeks out private money to revamp accessibility at 13 New York City Transit stations.
The Spark consortium has been awarded the A$11.1bn contract to build, operate and maintain the North East Link project.

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