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Islamic finance falling short in PPP space

At a conference held by the World Bank Group Thursday, officials discussed the challenge of tapping the $2trn market for Shariah-compliant finance to boost infra.

UK watchdog finds ‘little evidence’ for PFI cost savings

The scheme has come under fire from the National Audit Office days after construction group Carillion was liquidated.

Carillion collapses as contingencies scrambled to save infra projects

Joint-venture partners will take over the contractor’s role, while the UK government will bring some public sector contracts in-house.

AMP buys 21% stake in Melbourne’s cancer centre PPP

The deal follows a $286m fundraising campaign closed last October for its social infrastructure-focused vehicle.

Equitix snaps up quintet of UK PFI investments

The deals agreed with Foresight comprise interests in UK schools and hospitals bought in 2013.

Maryland’s $9bn highway project attracts industry attention

An RFI for highway widening schemes on I-495 and I-270, worth a combined $7.6bn, received 27 responses.

Washington eyes CIB support for Portland-Vancouver rail

A study by the state’s transportation department said the $24bn high-speed project met most of Canada Infrastructure Bank’s funding criteria.

Year in review: Japan gets a serious pipeline

Japan is transforming into a destination for core infrastructure investments, driven by a pipeline powered by privatisations, renewables and private sector consolidation.

Star America partners on $188m student housing deal

The firm reached financial close on an 85% equity stake in a 19-floor high-rise next to San Jose State University.

Roads to collaboration

VTB Capital’s Oleg Pankratov, head of infrastructure capital and project finance, and managing director Alex Moroz look at the growth story of Russian infrastructure investment, with a focus on the potential for further external investment in transport projects