Blackstone sets to close US$12bn infrastructure fund
Blackstone Group is set to close more than US$12 billion commitment for its debut infrastructure fund, Blackstone Infrastructure Partners Fund.
The Fund has attracted several investments from the Kingdom of Saudi Arabia. It is expected that the fund will reach US$40 billion over the long term. Half of that total would come from the Public Investment Fund of Saudi Arabia (PIF).
Once closed, the fund will be unavailable to new investors until a certain amount of money is deployed, at which time it will be reopened.
Country updates
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June 27, 2019
RFP issued inviting private developers for the Maryland Parkway Corridor project
Regional Transportation Commission of Southern Nevada, USA, has issued Request for proposals (RFP) seeking private developers for the development of Transit-oriented parkway corridor in Las Vegas.&nbs...
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June 27, 2019
Brookfield to acquire railroad operator Genesee & Wyoming
Brookfield Asset Management is a frontrunner to acquire railroad operator Genesee & Wyoming. Other interested companies in buying Genesee & Wyoming are Blackstone Group LP, Ston...
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June 26, 2019
Enterprise sets to sell stake in the Port of Corpus Christi export terminal
U.S. pipeline operator Enterprise Products Partners LP is set to sell its 50% interest in the recently-completed South Texas crude export terminal. The company will sell its stakes in ...
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June 24, 2019
USACE identifies four potential projects for P3
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June 21, 2019
Palm Coast issues request for solutions to provide FTTP services
The city of Palm Coast in USA has issued a request for solutions to facilitate FTTP services in the city. Authority is seeking a public or private partner that can provide next-generation FTTP service...
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