Abertis closes the acquisition of Elizabeth River Crossings
The consortium formed by Abertis and Manulife Investment Management has acquired a 100% stake in Elizabeth River Crossings (ERC), in Hampton Roads, Virginia (USA) from Macquarie Infrastructure Partners II and Skanska.
The Elizabeth River Crossings tunnels are located in the Hampton Roads region and are one of the most highly traveled roads in the Virginia Beach-Norfolk-Newport News metropolitan area. The concession has a residual duration of 50 years, until April 2070. Elizabeth River Tunnels provide access to important employment, commercial, military, and waterside areas in Norfolk and the rest of the Hampton Roads area, which is home to the deepest commercial port on the East Coast.
Country updates
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January 04, 2021
USD600 million River bridge PPP project in USA gets approval
The Louisiana Department of Transportation and Development announces that the Louisiana Joint Transportation, Highway and Public Works Committee gave its approval for the department to solicit proposa...
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January 04, 2021
Bidders shortlisted for Aloha Stadium Phase 1 PPP in Hawaii
Hawaii’s Department of Accounting and General Services in the USA has shortlisted three teams for the initial phase of the New Aloha Stadium Entertainment District Program. The P3 proj...
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December 29, 2020
LaDOTD approves bridge replacement PPP in Louisiana
Louisiana Joint Transportation, Highway, and Public Works Committee approved a contract for a public-private partnership to build and finance a new Calcasieu River Bridge on Interstate 10 in Lake Char...
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December 28, 2020
John Laing refinances US$ 311 million for Commuter rail lines PPP in USA
John Laing Group plc, the responsible investor and active manager of infrastructure projects internationally announced that it has successfully completed a refinancing of US$ 311 million for the Regio...
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December 28, 2020
CRPTF commits US$ 150 million to ISQ Infrastructure Fund III
Connecticut Retirement Plans and Trust Funds (CRPTF) is considering to commit US$ 150 million to ISQ Infrastructure Fund III. The fund has a target amount to raise US$ 12 billion. CRPTF has commi...
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