Patriot Rail adds short-line operator SLGW by Kali Persall | Jan 5, 2021 Jacksonville, Fla.–based Patriot Rail Co., a U.S. operator of short line and regional freight railroads, rail services and integrated port logistics companies, has acquired short-line operator Salt Lake Garfield & Western Railway (SLGW).
Construction industry fares better than expected in 2020 by Released | Jan 5, 2021 According to the latest Global Construction 2030 report, 2020 was a better year for construction than for many other industries.
Elizabeth River Crossings in Virginia changes hands by Kali Persall | Jan 5, 2021 A consortium consisting of Abertis and Manulife Investment Management have taken ownership of Elizabeth River Crossings (ERC), a public-private partnership (P3) with the Virginia Department of Transportation.
Hector Rail receives $63m in financing to strengthen foothold in Germany by Kali Persall | Jan 5, 2021 A group of European commercial lenders have deployed a SEK 519 million ($63 million) financing package for Hector Rail, the largest private freight train owner and operator in Scandinavia.
U.S. Government loans $250m to help close Africa’s infra gap by Kali Persall | Jan 5, 2021 Africa Finance Corp. (AFC) has secured a $250 million tier-2 capital loan from the U.S. International Development Finance Corp. (DFC) to strengthen AFC’s investment capacity and help close Africa’s infrastructure deficit.
EXCLUSIVE — Harrison Street and fifteenfortyseven Critical Systems Realty buy carrier hotel and data center in Portland, Ore. by Kali Persall | Jan 5, 2021 Harrison Street and 1547 Data Center Real Estate Fund II, an affiliate of fifteenfortyseven Critical Systems Realty, have acquired a vital carrier hotel, colocation data center and office building located in downtown Portland, Ore.
OCERS makes first-time investment with Digital Colony by Kali Persall | Jan 5, 2021 The $18.6 billion Orange County (Calif.) Employees Retirement System (OCERS) has committed $75 million to Digital Colony Partners II, a communications infrastructure fund managed by Digital Colony.
The AES Corp. to dispose of Mong Duong 2 coal-fired power plant in Vietnam by Released | Jan 4, 2021 The AES Corp. has agreed to sell its entire equity interest in the 1.242-gigawatt Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a U.S.-based investor.
Duke Energy names new vice president of investor relations by Released | Jan 4, 2021 Duke Energy has promoted Jack Sullivan vice president of investor relations, where he will oversee the company’s strategic communications with the financial community.
Canadian Pacific takes ownership of Detroit River Rail Tunnel by Kali Persall | Jan 4, 2021 Canadian Pacific, a transcontinental railway in Canada and the United States with direct links to major ports on the West and East coasts, has paid $312 million for the remaining 83.5 percent stake in the Detroit River Rail Tunnel from affiliates of OMERS.