Alexandra Atiya
The IFC is considering coordinating $150m in senior debt for the $600m Emerging Africa Infrastructure Fund, which is managed by a division of Standard Bank. The fund supplies long-term debt to finance private infrastructure projects across Africa.
The KRW 1.7 trillion listed infrastructure fund is nearly fully invested and will use proceeds from the offering to pay down a 5-year credit facility.
A New York investment firm is busy educating investors on the opportunity in water. Alexandra Atiya meets its co-founders to find out more
The Australian state originally planned to lease Queensland Motorways to the private sector, but the government has instead transferred the 40-year concession to the state’s superannuation fund in exchange for A$3.1bn.
A combination of abundant natural resource and government support has made Latin America - and Brazil and Mexico in particular - increasingly attractive to infrastructure funds eyeing renewables. Alexandra Atiya reports
At a media gathering today, Macquarie Infrastructure Partners Chief Executive Chris Leslie said the US has plenty of reasons to be optimistic about private investment in infrastructure, even as obstacles remain to the market’s development.
The private investment arm of the World Bank group has helped mobilize $679m in loans to fund a $908m port container terminal in Brazil. The deal is the IFC’s largest port investment and its biggest syndication to date.
Despite a push for budget cuts, new legislation in the US still envisions the establishment of a national infrastructure bank – albeit with fewer powers and guarantees.
The chairman of the US House Transportation and Infrastructure Committee supports rail. Just don’t call it ‘high-speed’ to his face.
Democratic Representative Rosa DeLauro of Connecticut again sponsored legislation to create a powerful, centralised infrastructure financing institution. The legislation is similar to her 2009 infrastructure bank bill, but with a few key changes. President Barack Obama has repeatedly supported the creation of an infrastructure bank.