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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

3i pulls out of Eurostar bidding

3i did not submit an offer early last week to acquire a 40% shareholding in Eurostar the high-speed cross channel train company, IJGlobal can exclusively reveal

EOIs in for Melbourne port

The Australian state of Victoria has received expressions of interest (EOIs) in the privatisation of the port of Melbourne

EXCLUSIVE Novaport wins Russian airport development project

With an unexpectedly large bid of Rb 1.5 billion ($24 million) Novaport has emerged as the successful bidder for the Perm Airport redevelopment project and will acquire 75% of the operating company in instalments

Japan's Hitachi opens up European rolling stock market

This week Hitachi’s agreement to purchase Italian Finmeccanica’s rolling stock builder and rail signalling company marks the entrance of a fourth major player in to an already saturated and margin-squeezed European market

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