Bruno Alves is the Senior Editor of award-winning publication Infrastructure Investor. Bruno has been a journalist for nearly 20 years and first joined Infrastructure Investor in December 2009, where he quickly rose to become Associate Editor and a leading writer covering the infrastructure asset class. He’s been Senior Editor since 2015 and is also responsible for Agri Investor, PEI Group’s agriculture-focused publication.
A proposed law could retroactively cut by 30% tariffs in the Spanish photovoltaic industry - a sector that has attracted signifcant PE support - opening the door to a wave of bankruptcies.
2 min read · 05 January 2013
Property group AMB, Artha Capital, Mexico Retail Properties and Prudential Financial’s Mexican unit will seek to raise about $1.28bn via the Mexican Stock Exchange. State-backed infrastructure fund Fonadin will invest $253m in the funds, with the rest expected to come primarily from local pension funds.
2 min read · 05 January 2013
The French concessionaire has reached financial close for the €230m Dakar-Diamniadio toll road, in Senegal, backed by €62.5 million in debt from the African Development Bank, the IFC, Senegalese bank CBAO and the West African Development Bank.
1 min read · 05 January 2013
To meet its goal of deploying $2bn to $3bn in Indian infrastructure, 3i will likely launch a second fund as its current fund is near 70% invested.
2 min read · 05 January 2013
The Spanish infrastructure group says it wants to sell a 10% stake in the UK airports operator to help pay down debt. However, Ferrovial stresses that it will continue to be a long-term investor in BAA.
2 min read · 05 January 2013
The Canadian pension has paid €640m to acquire a 10% stake in Toronto’s 407 ETR toll road from Ferrovial. CPPIB is now the toll road’s second-largest shareholder (40%) with Ferrovial retaining its place at the top of the shareholding tree (43.23%).
2 min read · 05 January 2013
The Spanish infrastructure group has received several offers for its 65% stake in Naples airport in a deal that could net the company up to €200m.
1 min read · 05 January 2013
Exxon Mobil and Shell are selling two sets of gas storage assets in Germany with different profiles but the lack of long-term concession contracts for one set of assets is causing infrastructure investors to walk away from the deal or consider realignment with industrial partners.
2 min read · 05 January 2013
Following its acquisition of a stake in Gatwick airport, South Korea’s National Pension Service is now looking to acquire Chevron’s 23.44% stake in US pipeline operator Colonial Pipeline in a deal estimated at $845m.
2 min read · 05 January 2013
AXA Private Equity, Goldman Sachs and Macquarie are said to have submitted binding bids for the sale of Endesa’s 4,100-kilometre Spanish gas distribution network earlier this week. The deal could be worth over €700m.
1 min read · 05 January 2013
