Institutional Investing in Infrastructure
November 2011: Vol. 4, Number 10Buy For $175.00 Add to Cart
A Stage for All the World: Brazil
In many ways Brazil is no longer an emerging market — the country has emerged. There are flashes of the old Brazil in the form of its bureaucracy and a faint, lingering whiff of corruption as the country grapples with the challenge of preparing for the FIFA World Cup in 2014 and the 2016 Olympic Games, but there is little doubt that Brazil has arrived and that the environment for increased foreign infrastructure investment has reached a turning point.
Shop Talk: A Conversation with Sean Connaughton
Thirty-one states now have laws that allow for P3 procurement. Officials in the Commonwealth of Virginia have gone one step further and created the Office of Transportation Public-Private Partnerships to better pursue and manage these agreements. Tyson Freeman, Institutional Investing in Infrastructure assistant editor, spoke with Sean Connaughton, Secretary of Transportation for the Commonwealth of Virginia in the cabinet of Gov. Bob McDonnell about these initiatives. Connaughton oversees seven state agencies with more than 9,700 employees and combined annual budgets of $5 billion.
- ACS Sells 50 Percent in Florida Toll Road Concession
- Alinda Pays $438 Million for BAA Stake
- Antin Infrastructure Buys Communications Assets
- First Reserve Closes $100 Million Shale JV
- GE Energy Strikes Petroleum Infrastructure Deal
Infrastructure Coalition Reaches First Close
A coalition of Canadian pension and institutional investors formed to pool their resources to create a customized infrastructure investment program, the Infrastructure Coalition LP, and the manager of the program, Aquila Infrastructure Management, have announced a C$105 million first close.
Kinder Morgan Acquires El Paso Corp.
Natural gas pipeline company Kinder Morgan has agreed to acquire El Paso Corp. in a transaction that would create the United States’ largest natural gas pipeline company with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.
- Macquarie and Barclays Buy Offshore Wind Assets
- Sub-Saharan Africa Fund Closes on $500 Million
Taiwan Outlines Infrastructure Goals
Taiwanese president Ma Ying-jeou has proposed a comprehensive public infrastructure construction plan for Taiwan that aims to advance the country’s infrastructure, fiscal health and financial services, as well as to build Taiwan into a regional air and marine transportation hub.