IFM Investors bid for Hobart Airport
IFM Investors have submitted a non-binding proposal for the acquisition of Macquarie Infrastructure and Real Assets' (MIRA) 50.1% stake in Tasmania's Hobart airport.
IFM Investors has tapped Morgan Stanley's investment banking team for the advice on the potential acquisition for the airport stake. MIRA had acquired the aiport stake from a Tasmanian pension fund Tasplan. The sale could potentially reach up to AUD500 million (US$52 million) in total.
Country updates
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July 16, 2019
Queensland govt opens funding application with Hydrogen Industry Development Fund
The State Government of Queensland has opened the application for funding with the AUD15 million (US$10.48 million) Hydrogen Industry Development Fund to support sustainable and renewable hydroge...
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July 12, 2019
MinterEllison appoints two non-legal Partners, launches new Infrastructure Consulting arm
MinterEllison has appointed two new Partners from non-legal backgrounds as part of the firm’s continued investment in its consulting offerings – Donna Worthington (Risk and Regulatory) and...
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July 08, 2019
Privatization of Adelaide public transportation systems
The government of South Australia has announced its plans to privatize the operations of Adelaide's metro trains and trams. The Government will release tenders for the privatization process. In t...
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July 03, 2019
Financial close on major rail project in Australia
CIMIC Group companies, Pacific Partnerships, CPB Contractors, and UGL, as part of the Pulse consortium, have reached contractual close with the State of Queensland to deliver the Tunnel, Stations and...
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July 03, 2019
Assured Guaranty announces co-operation agreement with DTW Capital
Assured Guaranty Ltd. announced that its financial guarantor subsidiaries Assured Guaranty Municipal Corp. (AGM) and Assured Guaranty (Europe) plc have entered into an exclusive Co-Operation Agreement...
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