The Spanish infrastructure developer has unveiled its new management structure, with three managing directors reporting to the group’s president. The reshuffle follows the appointment of Salvador Alemany as president earlier this month.
1 min read · 05 January 2013
The Indian infrastructure investor has acquired 100% of Island Power from InterGen. GMR had previously acquired an indirect stake in the project through its 50 percent acquisition of InterGen in June last year. The natural gas power facility is set to be operational by 2013.
1 min read · 05 January 2013
The Houston-based utility infrastructure contractor has bought transmission pipeline servicer Price Gregory Services for $96m and 10.9m in ordinary shares.
1 min read · 05 January 2013
With $5.64bn in commitments, Global Infrastructure Partners is the largest independent first-time infrastructure fund ever organised. Three years after the firm’s launch, the bulk of the fund is yet to be invested, and with markets still in disarray, new investments are difficult to close. But Adebayo Ogunlesi, the man in charge, isn’t in a hurry. Chris Josselyn and Philip Borel find out why.
9 min read · 05 January 2013
The financial close of the Cumbrian waste PPP project is further evidence that the UK bank lending market remains open for business after the close of the M25 deal last month. A three-bank syndicate provided £65m of debt for the £720 million transaction.
1 min read · 05 January 2013
The Chinese state-backed conglomerate has signed a loan agreement with the Asian Development Bank which will provide a $200m loan facility to back the company’s waste-to-energy projects in the country.
1 min read · 05 January 2013
Last month’s £1.5 billion sale of London Gatwick Airport to Global Infrastructure Partners was one of the standout infrastructure deals of the year. So much so in fact that when news of the deal broke in the early morning of 21 October, a lot of people had a view on it. Here’s what some of the many interested parties had to say after learning that Britain’s second-busiest airport will have a new owner in December, provided the transaction reaches regulatory closure.
3 min read · 05 January 2013
The firms have placed 6.55bn pesos of equity for a 32% stake in Mexican toll road operator Red de Carreteras de Occidente, through a new investment vehicle designed to encourage institutional investors to provide finance to infrastructure projects.
2 min read · 05 January 2013
Chris Josselyn explains why it’s high time that infrastructure investors take the African infrastructure proposition seriously.
2 min read · 05 January 2013
HSBC Environmental Infrastructure Fund and Spanish solar plant developer Solarig are joining forces to invest a combined €200m in developing solar projects across Spain and Italy.
1 min read · 05 January 2013
