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

  • Cross Fraser Partnership wins BC tunnel work
    September 27, 2024
    The partnership for the tunnel work near Vancouver in Canada consists of Pomerleau BC, Bouygues Construction Canada and Fomento de Construcciones y Contratas Canada (FCC) and is supported by design and engineering consultant Arcadis.
    Read More
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More
  • India plans major infrastucture investment
    April 5, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt. After years of planning some projects were incomplete, there were health scares and a br
    Read More
  • Colombia’s key road transport projects
    May 10, 2019
    A series of major road transport projects are moving ahead in Colombia, with the country’s national infrastructure agency (ANI), handling most of the deals. In the country’s capital, Bogota, design work is now complete on the Calle 13 and Accesos Norte II road projects. The Calle 13 project will see an 11.5km section of route widened so that it features three lanes in either direction. The work will also include building new facilities for pedestrians and cyclists. This project is expected to cost US$1.15 b
    Read More

Highlighted Content