Transurban has announced that it has reached financial close on the acquisition of the A25 toll road asset and concession in Montreal, Canada.
A25 is a toll road and bridge that opened to traffic in May 2011. The A25 Concession with the Ministère des Transports, de la Mobilité durable et de l'Électrification (MTQ) features hybrid toll and availability payment plus guaranteed toll income and ends in 2042. The project comprises 1.2km, 6-lane bridge over the Riviere des Prairies, total of 6.0km of 4-lane roadway on either side of the bridge.
The Minister of Innovation, Science and Economic Development of the Government of Canada has ordered China Communications Construction Company International Holding Limited (CCCI) not to implemen...
Read moreIt has been announced that the first stage of Calgary’s Green Line light rail route is set to open by the end of 2026, following the CA$1.56 billion (US$1.19 billion) funding. Request for Qualifications is expected to be released in the third quarter of 2018, followed by a Request for Proposals to be held in quarter one 2019
Grupo ACS has disclosed that the consortium secured private financing of over CAD839 million (US$650 million) through long- and medium-term bonds and a short-term construction loan. The consortium mem...
Read moreCanada Pension Plan Investment Board (CPPIB) and Allianz Capital Partners (ACP), on behalf of Allianz insurance companies, have announced that they are acting as anchor investors in the first private...
Read moreInfrastructure Ontario and Metrolinx have announced that their preferred proponent for the Finch West Light Rail Transit (LRT) project, Mosaic Transit Group, has signed a contract valued at...
Read more