The State of Illinois has presented its plans for infrastructure, utilizing up to US$41.5 billion of investment for roads, bridges, schools and other facilities.
The plans will be partly funded with US$17.8 billion of bonds even as Illinois pays the biggest yield penalty among states to sell debt. Other funding sources in the draft plan include about US$7 billion in cash and US$10 billion in federal money.
The State would also raise about US$1.78 billion annually for the plan by increasing state taxes on motor fuel, nonresidential real estate transfers, and liquor, and hiking vehicle registration fees. The plan also calls for taxing ride shares, garage parking, and cable, satellite, and streaming services for the first time by the state.
Miami-Dade County in Florida, USA has issued a request for qualifications for a public-private partnership (PPP) advisory pool. The Internal Service Department of Miami-Dade County is planning to esta...
Read moreInfraRed Capital Partners and consultancy firm Navigant have formed a joint venture, Compass Energy Platform, LLC (Compass), that aims to provide an innovative platform to help cities and utiliti...
Read moreGlobal PPP infrastructure investment company, Bilfinger Berger Global Infrastructure SICAV (BBGI), has completed the purchase of another 33.3% stakes in the Ohio River Bridges - East End Crossing...
Read moreThe Seven County Infrastructure Coalition board in USA has selected Drexel Hamilton Infrastructure Partners, LP for a public-private partnership to finance and build the proposed Uinta Basin Rail...
Read moreBilfinger Berger Global Infrastructure SICAV S.A. (BBGI SICAV) has completed the acquisition of additional 33.33% stake in East End Crossing over Ohio River PPP project in the USA. BBGI SICAV acq...
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