Home Transport

Transport

Airport assets are more closely tied to reducing the spread of the coronavirus pandemic than, perhaps, any other sector in infrastructure.
Molslijnen EQT
The acquisition of Molslijnen is the fourth investment the Swedish firm is making through its latest infra vehicle which it’s currently raising targeting €12.5bn.
Mike Fitzpatrick, who founded Hastings Funds Management in 1994, is hoping to raise A$200m for a vehicle that will invest in funds managed by ICG and ATLAS.
REM - Light rail - Montreal
The Canadian pension has shown resilience during the pandemic, despite recording a 1% loss in the first half of the year, infrastructure chief Emmanuel Jaclot tells us.
After years of delays and recent months of legal wrangling, the private consortium selected to develop the $5.6bn light-rail project is walking away.
US highway, Austin, Texas
Even without taking into account the effect of stay-at-home orders on transit operators, the US transport sector is struggling.
Maryland’s Purple Line light-rail disaster offers a chilling reminder of the risks public stakeholders can pose to procurement.
The European Union keeping US passengers off  its revised pandemic travel list means a large chunk of long-haul international flights will take longer to resume operations.
Lacking any immediate demand risk, trains are proving defensive to the shock of covid-19. However, the crisis is raising medium- and long-term questions.
Opposition from within the governing coalition has led to the project being placed on the backburner until after the general election in September.
ii
ii

Copyright PEI Media

Not for publication, email or dissemination