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Disconnect on EastLink puts pressure on ConnectEast. Australia
http://business.theage.com.au/business/disconnect-on-eastlin...
Submitted by anxora
12 months, 5 days, 9 hours ago
CONNECTEAST shares will resume trading today after the toll-road operator's bid to raise up to $450 million stalled.
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Infrastructure rethink needed as PPPs burn participants. Australia
http://www.theaustralian.news.com.au/story/0,25197,24876607-...
Submitted by nachomaza
10 months, 3 weeks, 2 days, 23 hours ago
Availability payment models have been used with great success to deliver hospitals, schools and justice facilities. Given the seismic change in global economic circumstances, pressure is on government to give consideration to this model for economic infrastructure too. With highway projects, for instance, it would mean consideration of the shadow tolling option as well as direct tolling.
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Leighton shares sink on asset write down. Australia
http://news.smh.com.au/business/leighton-shares-sink-on-asse...
Submitted by anxora
10 months, 3 weeks, 16 hours ago
However, asset write downs for mining services group Macmahon Holdings, toll roads Connect East and BrisConnections, would cut its first-half net profit by $170 million after tax.
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More revenue from less traffic for Transurban. Australia
http://www.news.com.au/heraldsun/story/0,21985,24909524-664,...
Submitted by anxora
10 months, 2 weeks, 1 day, 5 hours ago
Transurban said yesterday that revenue from Melbourne's CityLink rose 8 per cent to $94.2 million for the December quarter, despite less traffic on the road.
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Infrastructure firm boosts toll road operator stake. Australia
http://www.investordaily.com/cps/rde/xchg/id/style/5576.htm?...
Submitted by anxora
10 months, 1 week, 6 days, 6 hours ago
CP2 manages about $3 billion in investments in infrastructure on behalf of pension and endowment funds, including the Harvard Management Company in the United States, the Universities Superannuation Scheme and Railpen in the United Kingdom, ATP in Denmark and the New Zealand Superannuation Fund.
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ALB Guide to Infrastructure Law 2008. Australia
http://au.legalbusinessonline.com/guides/practice-area/32203...
Submitted by anxora
10 months, 3 days, 17 hours ago
Infrastructure 2008 is the latest in an exciting series of detailed insights into specific practice areas, and the leading firms and lawyers operating within them. By combining specific new research (among client companies and peers) with the ALB database of deals and third-party market information
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$1b tunnel-bridge plan 'needs work'. Australia
http://news.theage.com.au/breaking-news-national/1b-tunnelbr...
Submitted by anxora
10 months, 1 day, 15 hours ago
The NSW government says it's considering a proposed $1 billion-plus tunnel to link Sydney's Warringah Freeway to a new, elevated Spit Bridge, but needs more information.
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Investec wins A$1 bln rail project advisory. Australia
http://uk.reuters.com/article/oilRpt/idUKSYD35133620090123
Submitted by anxora
10 months, 1 day, 15 hours ago
The project is sponsored by a consortium of investors
including Anglo American Plc-owned Anglo Coal Australia
(AAL.L), Australian Transport and Energy Corridor Pty Ltd,
Industry Funds Management, Queensland government-owned QR Pty Ltd and Xstrata Plc (XTA.L)
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Transfield first-half profit down. Australia
http://news.theage.com.au/breaking-news-business/transfield-...
Submitted by anxora
9 months, 2 weeks, 2 days, 15 hours ago
Transfield Services Infrastructure (TSI) Fund has reported a significant fall first half profit and cut its distributions as its battles the economic slowdown.
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Transurban has strong 2008H2, ups toll $s and profit despite economy. Australia
Australian/North American toller Transurban reported strong toll revenues and earnings in the second half of 2008 despite the economic slowdown. Toll revenues increased nearly ten percent from 2007H2 to US$524m/yr (A$416m for the six months with A$=63c, most subsequent numbers are A$). EBITDA was A$297m up 11.6% on the prior corresponding period (pcp) and cash flow rose 33% to A$138m, it reported to the Australian Stock Exchange. The company says it is raising capital at attractive rates.
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