Representing the Inter-American Development Bank in a number of private - sector project finance transactions in various Latin American jurisdictions, including the $ 500 million Ecovias Dos Imigrantes
toll road project in the state of Sao Paulo, the largest transportation project financing in Latin America.
Surfrider Foundation has organized similar rallies in the past, including a massive demonstration of over 3,000 people at a Coastal Commission hearing in 2008 to stop a environmentally damaging
toll road project near San Onofre State Park.
Not exact matches
But the federal government would only invest a maximum of 20 % in these
projects, leaving it to the states to find other sources of revenue, like imposing higher
tolls on
roads.
Road repaving, bridge and building maintenance, school construction, and telecommunication system expansions are common
projects that may not generate revenue streams collectible through
tolls or other means.
Morneau has yet to launch his much - discussed Canada Infrastructure Bank, designed to use $ 15 billion in federal money to lure much more in private investment into profit - making
projects like
toll roads and power grids.
Moreover, private financing is primarily of use for
projects like
toll roads or airport terminals that produce revenue streams.
«Under the Trump proposal - which just passes the buck from the feds to states, cities and counties - to build a
project like I - 81, local taxes would rise and all drivers in the Syracuse area would be forced to pay a «Trump
Toll» every time they got on that
road,» Schumer said.
The design of the
project include the reconstruction and expansion of the existing carriage to three - lane Expressway on both directions, construction of two - lane Service
Road in both directions, construction of Ramp Bridge to provide a U-turn from Ajao Estate to Airport, construction of a flyover at NAHCO /
Toll Gate and drainage works.
15) Indiana: Fitch Ratings says «the bankruptcy of the Indiana
Toll Road won't remove the long - term value from the
project nor diminish the importance of public - private partnerships (PPP) to U.S.
project finance.»
The Brazoria
Project (North) will be separately procured, financed, and constructed by Brazoria County, and it includes four
toll lanes extending from the Harris / Brazoria County line south to County
Road 58 for approximately 5.0 miles.
In addition to the
road improvements, the
Project also includes: two tolled direct connect flyovers that will link eastbound SH 71 to northbound US 183 and southbound US 183 to westbound SH 71; a new 5 - foot bike lane on each side of the project, a 10 - foot shared use path, and a 6 - foot to 10 - foot si
Project also includes: two
tolled direct connect flyovers that will link eastbound SH 71 to northbound US 183 and southbound US 183 to westbound SH 71; a new 5 - foot bike lane on each side of the
project, a 10 - foot shared use path, and a 6 - foot to 10 - foot si
project, a 10 - foot shared use path, and a 6 - foot to 10 - foot sidewalk.
The Pocahontas Parkway
project is an 8.8 - mile
toll road in southeast area of Richmond, VA, linking Interstate 95 with Interstate 295 to create a southern bypass of the City of Richmond; the
project includes the Richmond Airport Connector (RAC) which links the mainline Parkway to the city's airport.
The
project spans from the Springfield Interchange (south) to just north of the Dulles
Toll Road, and includes four lanes in each direction on I - 495 with 14 miles of two new lanes in each direction.
The first
toll road developed by a Texas Regional Mobility Authority, the 183 - A Turnpike
project was the recipient of The Bond Buyer «Deal of the Year» award in 2005.
The
project is comprised of four phases: (i) Interchange with SH 183 and service
roads from North Carrier Parkway to I - 20 (opened August 2009); (ii) Two
toll lanes in each direction from SH 183 to Egyptian Way (opened August 2009); (iii) Service
roads and a third
toll lane in each direction from Conflans
Road to North Carrier Parkway (opened April 2010); and (iv) Two
toll lanes in each direction from North Carrier Parkway to I - 20 with interchanges at I - 30 and I - 20 opened in the fourth quarter 2012.
In addition to the TIFIA credit assistance, the
project is utilizing $ 335 million in GARVEE bonds, $ 272 million in
toll revenue bonds, $ 41 million Bond Anticipation Notes (premium), $ 276 million in federal funds and $ 76 million in state
road funds.
It was the first time such a structure was used for a transportation
project and has since become a standard provision of many TIFIA loans that have uncertain revenues pledged, such as
toll road revenue.
When completed, Grand Parkway
Project will be a four - lane, 53 - mile
toll road in Harris County and Montgomery County, Texas.
The
project is intended to deliver additional capacity along this congested corridor by adding express
tolled lanes (ETLs) and improving
road layout over approximately 11.2 miles of the highway.
The agreement will reduce the cost of the Phase 2
project by hundreds of millions of dollars and keep
tolls more affordable for Dulles
Toll Road users.
While we all understand the stability of a
toll road like a pipeline, those entities require heavy cash flow and colossal
projects to generate growth.
Examples of the types of
projects funded with revenue bonds are water and sewage plants,
toll roads, and hospitals.
A
project to upgrade Riley Fuzzel
Road between Elm Street and the Hardy
Toll Road is in the design phase.
This year White & Case advised on a number of headline - grabbing
project finance mandates, including representing Concesionaria Vial Sierra Norte in the financing for the USD200 million Longitudinal de la Sierra — Tramo 2
toll road in Peru.
Herbert Smith has advised the arrangers of one of the most innovative
project financings in the Middle East this year — the high - profile US$ 800 million dual - currency, six - year sale of future receipts from
toll roads to
Public - Private Partnerships: We have broad experience in Public - Private Partnership arrangements for
toll road, rail, port and airport
projects as well as arena and stadium
projects, water and wastewater
projects and telecommunications
projects worldwide.
Significant matters / transactions include: Advised Xstrata South Africa (Proprietary) Limited on its offer to purchase Lonmin plc's entire issued share capital, # 5 billion Advised Telkom SA Limited on its unbundling of a 35 % stake in Vodacom Group (Proprietary) Limited, R35 billion Advised Edgars Consolidated Stores Limited on its acquisition by Bain Capital, R25, 5 billion Advised The Standard Bank of South Africa Limited and FirstRand Bank Limited (acting through its Rand Merchant Bank division) on the introduction of BEE equity participation in Sasol Limited and their arranging financing therefore, R25, 4 billion Advised FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Nedbank Limited (acting through its Nedbank Capital division) as lenders to Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited, R19 billion Advised Citibank N.A. on a bridge loan granted to Turquoise Moon Trading 427 (Proprietary) Limited by Citibank N.A. and JP Morgan Chase, R10 billion Advised British American Tobacco plc on its secondary listing on the JSE, R550 billion Advised Pioneer Foods Limited on its listing on the JSE Securities Exchange, R6 billion Advised the South African National
Roads Agency Limited in respect of the Gauteng Freeway Improvement
Project involving the construction and upgrade of the Gauteng freeway and the procurement of an open
road tolling system, R44 billion Advised Absa Bank Limited (acting though its Absa Capital division), FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Vunani Capital (as co-lead arrangers) and the South Africa National
Roads Agency Limited (as issuer) on the establishment of its South African Guaranteed Domestic Medium Term Note Programme and the subsequent issue of notes thereunder, R32 billion Advised Shoprite Checkers (Proprietary) Limited on the proposed Brait Private Equity private equity buy - out (this did not proceed), R12 billion Advised Reclamation Holdings (Proprietary) Limited and various shareholders on the acquisition by Capitalworks Private Equity SP GP (Proprietary) Limited and Old Mutual Life Assurance Company South Africa Limited of a 20 % equity stake in Reclamation Holdings (Proprietary) Limited from various shareholders, R511 million Clients include: Multinationals, listed companies, financial institutions, entrepreneurs and Government
The
project allowed Tesla cars to pay
road tolls over the ethereum network.
Managed
projects addressing signage and traffic congestion issues for four
toll roads following detailed traffic impact study.
Lenders are wary about underwriting infrastructure
projects with revenue risk, or those
projects that are reliant on collecting revenue from operations, such as a
toll road.