TIFIA loans approved for highway projects in the US
Date
April 25, 2012
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The U.S. Department of Transportation yesterday, April 24, announced the selection of five highway projects to apply for a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan:• Port of Long Beach to replace Gerald Desmond Bridge;• State Route 91 project in California;• Colorado's U.S. 36 managed lanes and bus rapid transit project;• Interstate 95 HOT/HOV lanes project in Northern Virginia; and• I-35W project in Texas.You can now more about those announcements here.
List of country news
Country news
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August 28, 2012
California High-Speed Rail Authority Fills Several key Executive Management Positions
California High-Speed Rail Authority has filled several key executive management positions. Read more -
June 20, 2013
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 -
June 20, 2013
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 -
June 25, 2013
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 -
June 26, 2013
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
