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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

Pennsylvania approves new transportation PPPs

The state of Pennsylvania’s transportation PPP board has approved two new projects to be procured as PPPs - a bundled bridge replacement project and redevelopment of the Middletown train station

Fengate and Bechtel-led group wins Canadian LRT

The City of Edmonton in Alberta, Canada has named the TransEd Partners consortium as preferred bidder for the estimated C$1.8 billion ($1.35 billion) Edmonton Valley Line LRT project

New heads for Ferrovie Dello Stato ahead of privatisation

The Government of Italy named the new chief executive of state rail company Ferrovie Dello Stato on Friday (27 November 2015), to lead the company through its privatisation next year

JICA loan for Philippines rail project

The Philippines government has signed a $2 billion loan agreement with the Japan International Cooperation Agency to fund the North South Railway project

HS2 second phase plans accelerated

The UK government has laid out aims to accelerate delivery of the second phase of High Speed 2 (HS2) to Crewe by 2027, six years earlier than previous plans, and has named the new chairman of Transport for the North

Legal & General hires from Moody’s

LGIM Real Assets has appointed Declan O’Brien as infrastructure strategist, in a wider effort to upscale its infrastructure practice

Huge response to KL-Singapore high-speed rail

Malaysia’s Public Land Transport Commission (SPAD) and Singapore’s Land Transport Authority (LTA) have received 98 responses to the request for information (RFI) for the Kuala Lumpur-Singapore high-speed rail project

RFQs extended again for Philippines rail PPP

The Department of Transportation and Communications (DOTC) has extended the deadline again for submissions of requests for prequalification (RFQ) for the Ps170.7 billion ($3.7 billion) North South Railway PPP (South Line)

Osborne announces NATS and rail sell-offs

As part of the Autumn Budget yesterday (25 November 2015), Chancellor George Osborne has announced plans to privatise the national air traffic control company NATS and allow Network Rail to sell assets

UPDATE: CAF, Ashmore close on peso-denominated debt fund

Latin American development bank Corporación Andina de Fomento (CAF) and UK-based fund manager Ashmore have raised Ps1.4 trillion ($450 million) on first close of the region's debut debt fund to focus exclusively on infrastructure

MIDIS hires new managing director

Agnes Mazurek has joined Macquarie Infrastructure Debt Investment Solutions (MIDIS) in London as managing director

Los Angeles airport plans PPP upgrade

The Los Angeles board of airport commissioners have announced plans to upgrade Los Angeles International Airport's (LAX) transportation system under an estimated $5 billion PPP project

Infrastructure boost for regional governments in Osborne's budget

UK Chancellor George Osborne’s Autumn Budget featured several commitments on funding for regional governments in the UK, with Northern Ireland gaining a further £600 million ($907 million) over five years for infrastructure investment and a new Cardiff City Deal announced

Transurban acquires Australia’s AirportLink

Transurban has acquired the AirportLink toll road concession in Queensland from BrisConnections for a total cash consideration of A$1.87 billion

Preferred bidder for Germany’s A94 PPP

The German Federal Ministry of Transport and Digital Communications has awarded the concession for the €550 million ($583 million) A94 Forstinning-Marktl highway PPP to the Isentalautobahn consortium

Egypt to name advisers for Abu Tartour Port PPP

Additional details on the European Investment Bank’s (EIB) tender for legal and technical advisers supporting the Abu Tartour Port public private partnership (PPP) have been released

California awards HNTB contract for high-speed rail segment

The California High-Speed Rail Authority has awarded HNTB the engineering and environmental services' contract for the San Francisco-Central Valley Wye segments of its high-speed rail project

Autostrade per l’Italia issues notes

Italian toll road operator Autostrade Per L’Italia yesterday (23 November 2015) issued a €750 million ($795 million) third series of notes under its medium term note programme

UPDATE: Financial close for Brabo 2 PPP

Sponsors BAM PPP PGGM Cooperatie and Cofely Fabricom (a subsidiary of Engie) have reached financial close for the Antwerp northern tramline PPP, also known as Brabo 2