Transurban transfers Pocahontas Parkway to its lenders

Transurban has announced the transfer of Pocahontas 895, in Virginia USA, to the lenders of the asset, a consortium European banks who put up $300m for the pike. Transfer discussions have commenced with the lenders, however the final structure has not yet been agreed. Transurban is working to effect the transfer by October 2013. Read more

PensionDanmark to fund $200 million investment in offshore wind farm

Following 12 years development, financial closing of America's first offshore wind farm, Cape Wind, is now anticipated. The Danish pension company PensionDanmark, via the fund Copenhagen Infrastructure I managed by Copenhagen Infrastructure Partners (CIP), is now funding an investment commitment of $200 million in capital for the Cape Wind project (in the form of a mezzanine loan). As a lighthouse project, Cape Wind is crucial to advance the offshore wind industry in the United States. Read more

Balfour Beatty Campus Solutions closes financing for University of Iowa housing project

Balfour Beatty Campus Solutions LLC announced on 10 June, 2013, that it has reached financial close on a new graduate student housing project at the University of Iowa. Read more

Tender launched for Anaheim Intermodal Center through P3 route

The City of Anaheim has launched a Request for Qualifications for the Anaheim Regional Transportation Intermodal Center project. Read more

Investors express interest in Gary airport

Eight different companies and investment groups expressed interest in a potential P3 project for Gary/Chicago International Airport. Read more