Citi and MUFG to advise high speed rail P3 in Texas
Texas Central has announced that it has engaged Citi and MUFG as financial advisers and to lead capital-raising activities for the development of a high-speed line between Houston and North Texas.
Citi will serve as sole global coordinator and lead financial adviser and MUFG as co-global financial adviser. Citi and MUFG will assist in securing the financing across debt and equity to finance the project.
The new high-speed train will connect North Texas, the Brazos Valley and Houston in 90 minutes. Texas Central will be responsible for the system's design, finance, construction, operation and maintenance, and is backed by investors, not government grants, a new business model for infrastructure advances.
Country updates
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February 28, 2019
High industry interest in National Western Center P3 in Denver
A number of players from the infrastructure industry attended a forum held on 11 February for the National Western Center P3 project in Denver, Colorado, USA. Over 400 representatives of small,...
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February 27, 2019
Shikun & Binui to acquire a U.S. construction company
Shikun & Binui (S&B) has announced that it will acquire Infrastructure & Industrial Constructors USA (i+iconUSA) as part of its long-term U.S. expansion strategy in the infrastru...
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February 26, 2019
RFQ launched for wastewater treatment facility in Oregon
The City of Lake Oswego, located in Oregon, north-west USA, has issued a Request for Qualifications (RFQ) for the design, construction, financing, operation and maintenance of a new wastewater treatme...
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February 22, 2019
Consultation underway Dumbarton Transportation P3 Project in California
San Mateo County Transit District and Cross Bay Transit Partners along with its private partners - Facebook, Inc. and Plenary Group, have launched a community consultation about the development of the...
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February 22, 2019
Pinnacle to build affordable senior housing project in Hollywood, FL
Pinnacle Housing Group will start building a US$30 million Pinnacle at Peacefield affordable senior housing project in Hollywood, Florida, USA. The property, located at Adams Street, will have 120 re...
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