PPP plan for Indiana project

Rebuilding of the Interstate 69 highway in Indiana is now going ahead. The PPP project is for the 33.6km I-69 Section 5 contract. Spanish company Isolux Infrastructure is working on the project with much of the funding coming through its agreement with Infra-PSP Canada. The deal sees Infra-PSP Canada taking 49% of the project’s equity. The deal is of note as the firm is an affiliate of Canada’s Public Pension Board and this is the first time an international public pension operation has directly invested in
July 25, 2014 Read time: 1 min

Rebuilding of the Interstate 69 highway in Indiana is now going ahead. The PPP project is for the 33.6km I-69 Section 5 contract. Spanish company 1392 Isolux Infrastructure is working on the project with much of the funding coming through its agreement with Infra-PSP Canada. The deal sees Infra-PSP Canada taking 49% of the project’s equity. The deal is of note as the firm is an affiliate of Canada’s Public Pension Board and this is the first time an international public pension operation has directly invested in a US PPP project during the construction phase. The revamp to I-69 will improve transport connections between the north and the south of the state.

Finance & Funding

For more information on companies in this article

Related Content

  • International firms compete in US bridge project tenders
    May 2, 2012
    The Spanish construction firm ACS is tendering for the construction and operation of four bridges in the US. The firm is tendering in partnership with some other US and international firms for some of the projects, which are worth a total of US$11.4 billion. The Tappan Zee project is expected to cost $5 billion and the deal will be for a design and construction contract. The bridge will be located in New York, is being developed by New York State Thruway Authority and will require two, four-carriageway brid
    Read More
  • Bulgaria signs Shipka Pass deal
    June 17, 2022
    The PSVT consortium picked up the Shipka Pass Tunnel project as part of the bypass for Gabrovo City, a town of around 50,000 situated on the Yantra River.
    Read More
  • Ramboll appointed independent engineer on Champlain Bridge Project
    September 8, 2015
    Ramboll has been appointed independent engineer for the planned Champlain Bridge Corridor project in Montreal, Canada. Ramboll, based in Denmark, will work with the Canadian consultant Stantec to review the design and construction schedule of the entire length of the bridge corridor, one of the largest infrastructure projects in North America. Stantec will review of all highway design along with site inspections for the project that will cross the St. Lawrence River and cost up to US$4.1 billion. “The ne
    Read More
  • Algerian court gives verdict on East-West motorway corruption case
    May 15, 2015
    A court in the Algerian capital Algiers has sentenced two men to 10 years in jail for their part in a money laundering scheme relating to construction of the East West Motorway.
    Read More

Highlighted Content