Ventia has been notified by the Foreign Investment Review Board (FIRB) that the Australian Government has no objection to Ventia’s proposed acquisition of Broadspectrum. Under the terms of the agreement with Ferrovial, completion of the acquisition is expected to occur on June 30, 2020.
Broadspectrum (formerly Transfield Services) was founded in Australia in 1956, while Ventia combines more than 30 years of industry knowledge and was created by the merger of Leighton Contractors Services, Thiess Services and Visionstream in 2015. The transaction, financed through existing funding and acquisition debt finance, was announced on December 23, 2019.
John Laing Group has announced the start of construction at the East Rockingham Waste-to-Energy (WTE) plant in Western Australia. The project kicked off with a virtual opening on May 30, 2020, replaci...
Read moreThe New South Wales Government in Australia has announced a new AUD 3 billion (US$ 1.99 billion) acceleration fund to go towards job-creating projects, increasing the Government’s infrastructure...
Read moreMacquarie Infrastructure Partners V (MIP V) fund managed by Macquarie Infrastructure & Real Assets (MIRA) targets to raise US$ 5 billion in the capital. The fund will focus on infrastructure proje...
Read moreJohn Laing Group (John Laing) announced that the final New Generation Rollingstock (NGR) train has been accepted and entered into passenger service in Queensland, Australia. The NGR project is being...
Read moreJohn Laing Group (John Laing) has announced that the final New Generation Rollingstock (NGR) train has been accepted and entered into passenger service in Queensland, Australia.
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