H.R.L. Morrison & Co has reached the third and final close of the Morrison & Co Growth Infrastructure Fund (MGIF), raising capital to invest in infrastructure delivering essential services that support future economic activity.
This final close for MGIF, which attracted both new and existing investors, has brought the total fund size to approx. AUD580 million (US$414.42 million). Morrison & Co has identified an attractive pipeline of investments for the MGIF portfolio to help upgrade and build businesses that address fundamental societal needs for the future.
MGIF takes a long-term perspective of investments, focusing on the fundamental value of essential infrastructure services, and targets gross returns of 13-15% per annum.
Australian Rail Track Corporation (ARTC) is to issue a request for proposals (RFP) for the Inland Rail Gowrie-Kagaru PPP to the three shortlisted bidders in October 2020.
Read moreThe Transport for New South Wales in Australia has announced plans to launch a request for expression of interest for the development of Western Harbour Tunnel which will stretch from the Wa...
Read moreThe Sydney Metro in Australia is undertaking market engagement to support the NSW Government’s assessment for a potential station at Pyrmont as part of the Sydney Metro West project. The pr...
Read moreWebuild has announced a milestone for the Forrestfield-Airport Link project in Perth, Australia. The project has seen the laying of the first km of track along the metro rail transit line near th...
Read moreThe government of Victoria in Australia has announced the termination of the procurement process for the Northern and South-Eastern Public-Private Partnership packages of road upgrade projects. T...
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