Latest Transport News

Top Story

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

OPAIN closes El Dorado airport refinancing

Sociedad Concesionaria Operadora Aeroportuaria Internacional (OPAIN) has closed a $500 million refinancing of existing debt on the El Dorado airport in Bogotá

EXCLUSIVE MyFerryLink sale continues despite appeals

Groupe Eurotunnel has confirmed to IJGlobal that it is pushing ahead with the sale of MyFerryLink, as opposing appeals continue between the UK Competition Authority and the workers union SCOP SeaFrance

Panama metro line 2 tender suspended

Panama has temporarily suspended the tender for the capital city’s second metro line which was awarded to an FCC and Odebrecht-led consortium last week

June bid deadline for A355 Strasbourg toll road PPP

The deadline for final committed bids for the greenfield tolled A355 Western Strasbourg bypass in France, a roughly €475 million ($524 million) PPP, is next month

EXCLUSIVE New LPs set to invest in Ardian’s Fund IV

Ardian is likely to reach final close on its fourth infrastructure fund before the summer, a source with knowledge of the fund told IJGlobal. The fund manager has a target of €2 billion ($2.2 billion) for the fund

EXCLUSIVE GACA nears tender launch for Taif Airport

Saudi Arabia’s General Authority for Civil Aviation (GACA) is expected to issue a request for qualifications for the Taif International Airport project in the next month, sources have told IJGlobal

Design-build likely for Virginia's I-66

The Commonwealth of Virginia is leaning towards a design-build model for the $2.1 billion Interstate 66 corridor project instead of a PPP

Colombia’s ANI awards fifth highway private initiative

Colombia’s National Infrastructure Agency (ANI) has awarded the Cambao – Manizales highway concession to the Alternativas Viales consortium under the private initiative scheme

Cintra reaches financial close on North Carolina's I-77 PPP

The North Carolina Department of Transportation and Cintra-led consortium I-77 Mobility Partners closed on the $650 million Interstate 77 managed lanes PPP in North Carolina today (20 May)

Spain's A66 bond refinancing nears settlement

Meridiam, Acciona and Cintra have successfully priced the €184.5 million ($205 million) 27-year bond to refinance the A66 Benavente-Zamora road availability-based PPP in Spain, with settlement scheduled for 27 May 2015

EXCLUSIVE Third Istanbul airport sponsors miss debt signing deadline

The five sponsors for developing the third Istanbul airport have missed the 17 May 2015 deadline for signing the project's roughly €4.8 billion ($5.33 billion) debt package

EXCLUSIVE AQM Capital raises $450m for first equity fund

Aquamarine Investment Partners (AQM Capital), the New York-based fund management business, has raised a total of $450 million for its maiden equity fund, IJGlobal has learnt

Sacyr awarded first 4G project in Colombia's second wave

Colombia's National Infrastructure Agency (ANI) named Sacyr Concesiones preferred bidder for the $192 million Puerta de Hierro - Palmar de Varela highway concession yesterday (19 May 2015)

Two bids for Philippines’ Calax PPP

The Philippines’ Department of Public Works and Highways has received two offers for the rebidding of the Ps55.15 billion Calax PPP

Chinese investors to join Moscow Central Ring Road PPPs

Chinese banks and construction companies are eying up partnerships with the four consortia bidding on the two Moscow Central Ring Road PPPs which each cost around Rb 64 billion ($1.29 billion)

BAML mandated on Virginia's Thimble Shoal tunnel project

The Chesapeake Bay Bridge-Tunnel Commission has mandated Bank of America Merrill Lynch (BAML) as lead underwriter for the estimated $724 million Parallel Thimble Shoal Tunnel project in Virginia

New RFP deadline for Laguna Lakeshore

The Philippines’ Department of Public Works and Highways has extended the bid deadline for the Ps122.8 billion Laguna Lakeshore Expressway Dike PPP

TAV Airports signs debt for Turkish airport concession

TAV Airports has signed on €162 million ($184 million) of 16-year debt with DenizBank for its concession to operate Milas-Bodrum Airport in Turkey’s Aegean coastal region