PUBLIC PRIVATE PARTNERSHIP NEWS AGGREGATOR: Australia - Upcoming stories

Bilfinger Berger considers up to $1.5bn IPO of Australian assets.Australia

jsmith — Mon, 30 Nov 2009 21:44:26 GMT

BBAG, the parent company of Bilfinger Berger Australia (BBA), confirmed plans to reduce its exposure to building and civil construction and said it was considering an IPO of BBA’s assets, which also includes Bilfinger Berger Services. An IPO would also see Abigroup return to the Australian Securities Exchange after it delisted in 2004.

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Reassessing Australian infrastructure investment.Australia

jsmith — Mon, 30 Nov 2009 21:44:26 GMT

Highly geared assets are just one liability in the infrastructure space. Plagued by failed public private partnerships (PPPs), governance issues and the pressures of being overladen with debt, the infrastructure sector is in need of serious reappraisal as an investment. Quite simply, investors are often left wondering if it is a good long-term venture.

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Transurban Rejects Offer From Canada Pension Funds.Australia

jsmith — Mon, 30 Nov 2009 21:44:26 GMT

Transurban Group, owner of toll roads in Australia and Virginia, rejected an unsolicited takeover offer from Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan.

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Macquarie Infrastructure Turns To Q3 Loss .Australia

jsmith — Mon, 30 Nov 2009 21:44:26 GMT

Macquarie Infrastructure Company LLC (MIC: News ) said its net loss was $18.35 million or $0.41 per share versus a profit of $0.50 million or $0.01 per share in the year earlier quarter, primarily reflecting a net non-cash derivative-related loss of $21.4 million. On average, 3 analysts polled by Thomson Reuters expected earnings per share of $0.53 for the quarter

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Third Brisbane tunnel attracts foreign interest.Australia

jsmith — Mon, 30 Nov 2009 21:44:26 GMT

Overseas consortia include: Northern Direct including the company building the Go-Between Bridge with companies from France and the United Kingdom; Laing O'Rourke and Transfield; TransCity including Brisbane-based developers BMD Constructions plus firms from Spain and Italy; Dragados Northern Link with business interests from Spain; and Korea's Daelim and Korea Expressway Joint Venture.

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Traffic picks up on MIG toll roads. Macquarie Infrastructure Group.Australia