Latest Transport News
US unveils $8.2bn investment in rail
The Biden administration announced today $8.2 billion in new funding for 10 major passenger rail projects across the country
RFI out for New Jersey Green Fund
The New Jersey Economic Development Authority issued an RFI for those in the private sector seeking capital for clean energy projects in the state
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IPERS plans $300m infra investments
Transport North AmericaThe Iowa Public Employees' Retirement System is aiming to make infrastructure investments of around $300 million in 2024
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EIB, FS ink green bond for Italian transport boost
Transport EuropeThe EIB has signed a green bond issued by Italian railway holding company Ferrovie dello Stato Italiane for to allow for the purchase of 102 electric trains in Campania and Lazio
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BNDES, NDB pour $1.7bn into green infra
Transport Latin AmericaBrazilian development bank BNDES has signed an agreement with the New Development Bank, formerly the BRICS Development Bank, that will see the pair invest $1.7 billion into the nation's energy transition
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Bangladesh taps IFC for port PPP
Transport Asia PacificThe Chittagong Port Authority has signed a public-private partnership agreement to expand the cargo capacity of the Bangladeshi port by 500,000 twenty-foot equivalent units
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Hogan to head APLMA
Transport Asia PacificAsia Pacific Loan Market Association has announced the appointment of James Hogan as the chief executive officer, where he succeeds Andrew Ferguson
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RFI bids near deadline for Colorado county airport infra P3
Transport North AmericaAdams County Board of Commissioners’ RFI seeking private sector input on a utilities and master plan P3 at the Colorado Air and Space Port nears its deadline
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Louisiana P3 bridge project given a lifeline
Transport North AmericaThere is light at the end of the tunnel for Louisiana’s Calcasieu River Bridge P3 which was previously thought to have been scrapped in October
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Skanska exits LaGuardia airport P3
Transport North AmericaSkanska has signed binding sales and purchase agreements to sell its entire 32% stake in LaGuardia Gateway Partners to Meridiam and Vantage Airport Group for around $115 million
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EXCLUSIVE Fidelity staffs up with all-star leaders, UK
Transport EuropeThe London team of Fidelity International has nailed down 2 senior hires to lead its private assets team focused on infrastructure
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UPDATE: CFM to manage private debt climate fund
Transport EuropeClimate Fund Managers has been appointed as alternative investment fund manager of GAIA, a $1.48 billion target private debt fund focusing on climate adaptation and mitigation in emerging markets
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CABEI approves $600m Honduras road financing
Transport Latin AmericaThe Central American Bank for Economic Integration has approved a large financing package to the government of Honduras to rehabilitate and modernise parts of the country’s road network
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EXCLUSIVE BNDES to finance Dutra highway concession
Transport Latin AmericaBrazilian development bank BNDES is set to provide long-term financing to CCR’s Nova Dutra highway concession – which connects Rio de Janeiro and São Paulo, IJGlobal understands
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Ecuador to tender bridge concession
Transport Latin AmericaThe government of Ecuador plans to tender the $600 million Guayaquil Southern Viaduct Road project
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Czech highway PPP deadline extension
Transport EuropeThe bid submission deadline for an advisory team on the Czech Republic’s D35 motorway PPP has been extended
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SMBC hires head of private credit distribution, APAC
Transport Asia PacificSMBC has appointed Yew Chuan Sim as head of private credit distribution, Asia Pacific in its loan capital markets department