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Banks selected for Passante di Mestre bond financing

State-owned highways manager ANAS has selected one of two competing groups of banks to arrange the €800 million ($1.1 billion) bond financing for the Passante di Mestre toll road in Italy's Veneto region

SG promotes two senior bankers in Asia

Societe Generale has made two senior appointments in Asia. David Gore will take over as head of shipping and offshore finance for the Asia-Pacific region and Gareth Williams will become head of loan syndicate and sales for the region

Tennessee's P3 bill enters into law

The state of Tennessee has passed into law an act authorising the procurement of PPPs for mass public transport, but not road projects

CDPQ Infra details financing for Montreal light rail

Caisse de dépôt et placement du Québec says it will not require public subsidy for its proposed C$5 billion ($3.95 billion) light rail PPP for Montreal

Heathrow Airport denies TfL’s extra cost claims for new runway

Heathrow Airport has denied Transport for London’s (TfL) claims that delivering the supporting infrastructure for a new runway will cost £16 billion ($23.4 billion) more than its own estimates over the long-term

Panama's Tocumen airport readies bond issuance

Panama City's Aeropuerto Internacional de Tocumen (AITSA) is preparing to issue $625 million in senior secured notes due 2036 to finance outstanding construction costs of the south terminal

MOP Chile names Nogales-Puchuncaví preferred bidder

Chile's Ministry of Public Works (MOP) has named OHL preferred bidder in a retender of the Nogales-Puchuncaví highway concession in the Valparaíso region

China Construction Bank and IE Singapore sign One Belt One Road MOU

China Construction Bank and International Enterprise Singapore (IE Singapore) have signed a memorandum of understanding (MOU) to provide S$30 billion ($22.2 billion) of financing services to support Singaporean and Chinese companies involved in the One Belt, One Road infrastructure projects.

Pennsylvania county launches bridges PPP

Northampton County in Pennsylvania has launched bidding for a bundled bridge renewal and replacement PPP project, with help from the state Department of Transportation, PennDOT.

Cyprus’ Limassol Port concessions sign

Cyprus' Ministry of Transport, Communications and Works signed three services concessions for Limassol Port on 25 April 2016, which are due to raise €1.9 billion ($2.14 billion) for the state over the next 25 years

RCO scoops Tepic-San Blas Mexico highway PPP

Mexico’s Ministry of Communications and Transport formally awarded the concession to develop the Tepic – San Blas highway PPP in the state of Nayarit to Red de Carreteras de Occidente on Friday (22 April 2016) it said

Colombia awards Bucaramanga-Pamplona 4G highway

Colombia's national infrastructure agency ANI has awarded the contract to build the Bucaramanga-Pamplona 4G highway located in Santander, the first project of the so-called third wave

OAS creditors to assume Invepar stake

The creditors of indebted Brazilian construction firm OAS will assume the 24.4% stake in Invepar, after other local shareholders in the company passed up the opportunity to take the stake

Italian rail stations privatisation in second round

Of the five said to be in the second round to acquire Grandi Stazioni Retail, the owner of 15 major Italian train stations, a couple are rumoured to be likely to exit

Polish roads authority seeks PPP consultant

The General Directorate for National Roads and Motorways (GDDKIA) of Poland is seeking a legal adviser for planned road projects, including PPPs

ADB to co-finance first AIIB loan for Pakistan road

The first loan to be granted by China-led Asian Infrastructure Investment Bank (AIIB), to build a highway in Pakistan, will be co-financed by the Asian Development Bank (ADB).

Italian air traffic control IPO set for June

The initial public offering (IPO) of the Italian air traffic control operator ENAV is scheduled to take place in June 2016, ENAV’s president has confirmed