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The I Squared-backed company will invest an additional $95m in the assets over the course of the 30-year concession it was awarded.
Turnpike Toll
French authorities have allowed 'profits that have no relationship' with market risks, according to the research institute.
Turnpike Toll
After lockdowns led to financial duress, S&P Global Ratings’ Trevor d’Olier-Lees and Dhaval Shah see an uncertain road to recovery.
Airport
The measures which, the government is adopting in light of the coronavirus pandemic, amount to $448.5m and are aimed at helping airlines and toll road users.
The government has tabled a law decree to revoke the concessions of Autostrade per l’Italia, which it holds responsible for the deadly Morandi Bridge collapse in August 2018.
Man standing at the edge of road to Bhandardara
The National Highway Authority of India is aiming to raise over $1bn through the privatisation of two bundles of roads.
The winning bidder for the North East Link PPP will design and build twin tunnels under the Yarra River and assume responsibility for maintaining a stretch of road for up to 25 years.
Taj Mahal India
The government has restructured a previous bundle that failed to fetch the desired price adding roads with ‘high traffic’.
Under the initial agreement, the fund and PSP-owned highway operator Roadis will invest in new opportunities on a 50:50 basis.
The government believes worsening borrowing conditions and lower traffic on the roads offered failed to attract investor interest.
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