31 Oct 2018

US$525 million financing secured for 4G road project in Colombia

The Ministry of Transport of the government of Colombia and the national development bank Financiera de Desarollo Nacional (FDN) have announced that the Bucaramanga-Barrancabermeja-Yondó ​road project has reached financial close, having secured financing totalling COP1.68 trillion (US$527.4 million). This includes COP280.9 billion (US$88.2 million) senior debt and a COP105 billion

0
29 Oct 2018

Israeli government signs franchise agreement for US$270 million highway PPP

The government of Israel, represented by the Ministry of Finance accountant general department, the Ministry of Transport, and the National Road Safety Authority, has signed a franchise agreement with Shapir Engineering & Industry and Impresa Pizzarotti for the design, financing, construction, operation and maintenance of a new 5km highway in

0
23 Oct 2018

Central Sea Port PPP Project in Poland – “Anchors Aweigh and Full Speed Ahead”

Large-scale public-private partnership (PPP) projects are not common in Poland. However, the amendment to the PPP law, which came into effect in September 2018, should change this. Therefore, we welcome the fact that, recently, the Port of Gdańsk announced a tender for a PPP advisor for the Central Sea Port

0
23 Oct 2018

Tender for US$1.6 billion motorway PPP launched in Romania

The National Commission for Strategy and Prognosis (CNSP) in Romania has launched the tender for the Ploieşti-Brașov motorway PPP project. This involves the construction and operation of around 120km of motorway, with a total estimated investment of EUR1.36 billion (US$1.57 billion). The motorway will form a central part of the

0
22 Oct 2018

Registrations of Interest sought for multi-billion dollar road PPP in Australia

The North East Link Authority (NELA) has announced that it is inviting registrations of interest (ROI) from the market for the primary package for the North East Link, a proposed new freeway in north-east Melbourne, the state capital of Victoria, south-east Australia. The business case estimates the project to cost

0
22 Oct 2018

US transport authority initiates termination of multi-billion rail P3

Regional Transportation District (RTD), a public transport authority operating in eight counties in Colorado, a state in the western USA, has sent a Notice of Concessionaire Termination to Denver Transit Partners (DTP), a consortium contracted in 2010 to design, construct, finance, operate and maintain a 58km commuter rail network in

0
12 Oct 2018

Wisconsin’s Solar Energy Will Increase By 33 Percent Under New Public-Private Partnership

Ten communities in Wisconsin will be purchasing power through a new solar energy partnership with Organic Valley. The farmer cooperative first announced the community solar partnership with the Upper Midwest Municipal Energy Group and OneEnergy Renewables last fall. Organic Valley plans to purchase around 12 megawatts of power through the

0
12 Oct 2018

Plenary completes US$460 million refinancing of road PPP in Australia

Plenary Group has announced that it has completed a AUD646 million (US$458.5 million) refinancing of the Peninsula Link, a 27km toll-free road between Carrum Downs and Mount Martha in the south-east of Melbourne, Australia. In 2010, the state government of Victoria contracted the Southern Way consortium to finance, design, construct,

0
12 Oct 2018

Tender for US$1 billion road PPP launched in Ecuador

The Government of Ecuador’s Ministry of Transport and Public Works has launched a tender for the design, financing, construction, operation and maintenance of the Guayaquil Southern Viaduct. The total estimated investment of the project is US$1.14 billion. The project spans a total length of 44.2km and is split into four

0
09 Oct 2018

Logistics zone, transport jetty to be built under public-private partnership

The Yangon Regional Gvernment is going to develop the Ngwe Pin Lel Integrated Logistics Zone and Inland Water Transport Jetty under a public-private-partnership (PPP) agreement, U Myint Thaung, the regional minister of planning and finance for Yangon Regional Government, said. The matter came up when regional representative Daw Sandar Min

0