PPP

The plan would see 72,000 of the city’s streetlamps replaced with energy-efficient LED lights, as the district looks increasingly towards the private sector for infrastructure projects.

The latest tender, part of the country’s privatisation programme, comes more than six months after a €400m deal with Azerbaijan’s Socar fell apart.

Candidates to build and finance the 26km road project, which would connect Oslo to Trondheim, were narrowed down from seven responses to an RFP issued in April.

A locally based engineering firm had been in talks over the project but the US city has decided to launch a competitive bidding process.

Bidders for the $800m scheme, which would run under parts of the capital region, include companies from Spain and China.

The investment in Nevada’s 250MW Moapa solar project continues the firm’s shift towards US energy.

The $706m project could be funded by the federal government’s A$10bn National Rail Programme, pending further analysis on its economic viability.

The deal, which extends the current team’s agreement for an additional 20 years, came late Tuesday evening after Greece’s privatisation agency rejected an initial offer.

The public-private consortium running Greece’s busiest airport was looking to prolong the contract to 2046, but the state’s privatisation agency is asking for an improved offer.

Bidding for the projects, estimated at $2.17bn in total, had resumed in January after being halted last year, with the airports generating ‘strong interest’ from the private sector.