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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

IFC mulls Brazilian infra fund investment

GP Investimentos has approached the International Finance Corporation (IFC) for an equity contribution of up to $50 million in a 12-year closed-end private equity fund

France applies for EU grant for Canal Seine-Nord

The French government is due to file an application today (26 February 2015) to the EU’s Economic and Regional Development Fund (ERDF), for funding of up to 40% of the huge Canal Seine-Nord Europe project

RDIF, Changi, Basic Element win far-eastern Russian airport

A consortium comprising the state-owned Russian Direct Investment Fund (RDIF), Singaporean airport operator Changi Airports International and Russian developer Basic Element has won the bidding to operate Vladivostok International Airport in the Far East of Russia

Sydney Light Rail PPP reaches financial close

The Connecting Sydney consortium has reached financial close on the A$2.1 billion ($1.6 billion) Sydney Light Rail PPP project

YDA signs loan agreement for Dalaman Airport

Concessionaire YDA Construction has today (25 February 2015) signed the loan agreements for the new €250 million domestic terminal at Dalaman Airport in Mugla, south-western Turkey

Albania’s Milot-Morine road PPP tender launches

The Ministry of Transport and Infrastructure of Albania has launched the tender for the Milot-Morine toll road PPP redevelopment project, a pilot highway PPP for Albania

PiP to launch solar fund with Aviva

British insurance company Aviva and the Pensions Infrastructure Platform (PiP) are to launch a £250 million ($388.3 million) solar PV fund as PiP plans its next, £1 billion fund

Meridiam acquires stake in German A4 highway PPP

Hochtief PPP Solutions has announced an agreement to sell its 50% shareholding in the A4 Hörselberge bypass PPP in Thuringia, Germany to Meridiam

EBRD plans to support Belarus road PPP

The European Bank for Reconstruction and Development (EBRD) is primed to participate with the M10 highway renovation project in Belarus if it goes ahead as a PPP

CDOT approves PPP for I-70 East extension

The Colorado Department of Transportation (CDOT) Transportation Commission has approved the use of a design-build-finance-operate-maintain concession to procure the $1.8 billion I-70 East corridor

Canada steps up on DRIC toll plaza

Canada’s federal government has agreed to include the cost of a new US inspection plaza in the PPP concession for the Detroit River International Crossing (DRIC)

French highways tariff freeze litigation agreement in next few weeks

A number of French toll road companies have commenced litigation against the decision by the French socialist government to freeze or defer tariff price increases, and the Economy Minister Macron has stated this week that an overall agreement could be reached in the coming weeks

APRR completes refinancing at low pricing

Macquarie Atlas Roads (MQA) has completed the €3.3 billion refinancing of French toll road concession company Autoroutes Paris-Rhin-Rhône (APRR)

DeloPorts considering bonds for 2015 funding commitments

Russian port operator DeloPorts is considering an issue of domestic Rouble or cross-border Eurobonds to meet some of its Rb2.9 billion ($50 million) in 2015 financing requirements

Meridiam and CDC sign concession agreement for Calais Port 2015

Meridiam and CDC Infrastructure today (19 February 2015) signed the concession agreement for the €912 million (£1.04 billion) Calais Port 2015 expansion, with the Nord Pas de Calais Regional Council and the Société d’Exploitation des Ports du Détroit

Honduran group proposes $548m port PPP

Honduran PPP promotion agency Coalianza has received an unsolicited proposal from a local consortium to revive, modernise and develop the Puerto Castilla port in the region of Trujillo

French airport privatisations likely next month

Yesterday (17 February 2015) the French government of Manuel Valls used the constitutional Article 49.3 pushing Parliament to immediately pass the new law, the Loi Macron, allowing for the privatisation of Nice and Lyon Airports

Israel to privatise ports by the end of the year

The Israeli government intends to plough ahead with plans to privatise 10 state-owned companies, including two major ports, by the end of 2015, despite upcoming parliamentary elections

Foothills/Eastern toll road issues wrapped bonds

The Foothills/Eastern Transportation Corridor Agency has closed on $87 million in capital appreciation bonds to refinance the rest of its outstanding construction bond debt

Details emerge on Penn Bridges PPP financing

JP Morgan and Wells Fargo plan to price $732 million in tax-exempt private activity bonds for the Pennsylvania Bridges PPP in the week starting 23 February