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MidRail claims the Swiss firm has been 'unjustly enriched' at its expense through 'exploitation of MidRail's confidential information'.
Airplane
But interest from the private sector was strong with 18 firms expressing interest in operating Lambert airport under a PPP agreement that would have generated $2bn in net proceeds for the city.
Airplane
The sale has attracted the ire of some public officials as the government gears up for the privatisation of Aéroports de Paris.
The federal government broadly supported recommendations put forward by the Productivity Commission in October including amendments to increase airport owners' reporting requirements.
The fund manager will use its hands-on approach to expand into developing economies, vice-chairman Jim Yong Kim said.
Hobart International Airport is likely to be the penultimate asset acquired by the QIC Global Infrastructure Fund as it nears full deployment, says global infra head Ross Israel.
Infrastructure Investor: The Decade
The consortium is on track to recoup its $1.15bn investment by 2021 – just 12 years after being awarded a 75-year lease to operate the city’s on-street meters. But it still can’t shake the stigma of a bad PPP. 
REM - Light rail - Montreal
One of the world’s most prominent direct investors is trying to prove it can do much more than back projects with capital by developing a C$6.3bn greenfield project in Montreal.
The future of airports looks bright, automated and efficient. 
Paris Eiffel Tower
The sale of Tramlink in the UK to Aberdeen Standard represents the final sale of the €170m 2008-vintage fund, which secured a 15% gross return.
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