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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

Texas approves SH 249 extension

The Texas Transportation Commission has approved an estimated $410 million design-build project to extend State Highway 249

Cintra launches bonds for North Carolina's I-77 PPP

A Cintra-led consortium has launched $100 million in private activity bonds (PABs) for the estimated $640 million Interstate 77 managed lanes PPP in North Carolina

Milan Metro Line 5 extension reaches financial close

The sponsors for the availability-based Milan Metro Line Five extension PPP have reached financial close on a €580 million debt financing, combining commercial bank debt and a project bond

Two bids for Santana-Mocoa-Neiva Colombia highway PPP

Colombia’s national infrastructure agency (ANI) has received two economic proposals to build the Ps 1.5 trillion Santana-Mocoa-Neiva highway project under the second wave of the fourth generation of highways programme (4G)

Flatiron, Dragados win Texas' Harbor Bridge

The Texas Transportation Commission has selected a joint venture of Flatiron and Dragados for the estimated $700 million Harbour Bridge Replacement project in Corpus Christi

Czech Transport Ministry plans PPP for R4 Expressway

The Czech Ministry of Transport (MoT) is preparing the international tender for financial, legal and technical advisers for a €275 million PPP to build 32km of unfinished parts for the R4 Expressway between Háje and Mirotice

Tank & Rast information memorandums out to bidders

The owners of German motorway operator Tank & Rast will give bidders competing to acquire 100% of company up until 26 May 2015 to submit the first bids, in a two phase process due to complete before August

EXCLUSIVE No satisfactory offers for Eurotunnel’s cross-channel ferries

Groupe Eurotunnel received more than one offer on Friday (24 April 2015) for the sale of MyFerryLink but they were generally not satisfactory, especially regarding consideration of the existing employees, IJGlobal has learned

Galliford Try names new chief executive

Galliford Try, the UK-listed construction group, has announced that Taylor Wimpey’s Peter Truscott will become its chief executive, along with several board appointments

IFM completes Conmex toll road investment

IFM Investors and OHL Mexico today (29 April 2015) announced the completion of IFM Global Infrastructure Fund’s indirect acquisition of a 24.99% equity stake in Concesionaria Mexiquense (Conmex), through the acquisition of an equity stake in Organizacion de Proyectos de Infraestructura

Atlantia sale of AdR minority stake nears

Italy-listed company Atlantia is planning on selling 30% of its share in the Aeroporti di Roma (AdR) group, with Abu Dhabi Investment Authority likely to take a part

Ukraine launches Lviv-Krakovets Highway PPP tender

Ukraine’s state road agency Ukravtodor has issued the tender for the construction, financing, maintenance and operation of an 84.4km toll road between Lviv and Krakovets on the border of Poland as a PPP

Victoria grants funding for Metro Rail

Victorian Premier Daniel Andrews has announced A$1.5 billion in funding will be allocated in next week’s state budget for the Melbourne Metro Rail project

EXCLUSIVE Webb Dock East port financing out to banks

Citibank has issued an information memorandum to banks on the financing for the Web Dock container terminal in the port of Melbourne

Philippines launches Davao Sasa port PPP tender

The Philippine Ports Authority and Department of Transportation and Communications have launched the tender for the Davao Sasa Port modernisation project

EXCLUSIVE Bond launch imminent for North Carolina's I-77 PPP

A Cintra-led consortium plans to launch $100 million in private activity bonds (PABs) this week for the estimated $640 million Interstate 77 managed lanes PPP in North Carolina, IJGlobal can exclusively reveal

UK's Kier expands with acquisition of Mouchel

UK-listed services and construction company Kier has entered a conditional agreement to acquire for £265 million ($405 million) cash the entire share capital of MRBL (Mouchel), the leading repair and maintenance provide for the UK strategic road network