PPP

Two weeks after putting its renewables portfolio up for sale, the developer is looking to divest its roads business, as it works towards a restructuring plan.

The hubs are in major cities and have seen double-digit growth in the past five years.

A $1.45 billion public-private partnership to modernise a portion of Interstate 75 in Detroit, Michigan has reached financial close after the state’s department of transportation issued more than $600 million in private activity bonds. Oakland Corridor Partners, a consortium of infrastructure companies leading the PPP, secured funding to rebuild, finance and maintain a 5.5-mile stretch […]

The Labor government won re-election in a landslide last week and is pushing ahead with a spending spree on a raft of infrastructure projects.

The Australian funds manager ups its total share in the project to 16.5 percent in a deal worth approximately $72m.

Even if the framework’s demise was very much Chronicle of a Death Foretold, to have it stated as a matter of government policy still packs a punch.

Dumfries and Galloway Royal Infirmary operates under Scotland’s Non-Profit Distributing model, an adaptation of the UK’s PFI scheme which was abolished this week.

Chancellor Philip Hammond insisted present contracts will be honoured but vowed to never again sign a PFI or PF2 project.

Increased competition for the Peninsula Link deal drove the country’s four big banks to agree 10-year loans, pushing beyond their preferred five-year terms.

The Carlyle Group will lead a consortium of private investors financing a $12 billion redevelopment of New York’s John F Kennedy International Airport, according to a plan unveiled by state governor Andrew Cuomo. Carlyle, a US-based private equity firm, is part of the Terminal One Team chosen by the Port Authority of New York and […]