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PWF Book Review: Our Lives in Their Portfolios

Christophers, Brett. Our Lives in Their Portfolios: Why Asset Managers Own the World. Verso, 2023. The infrastructure asset class, and P3s as part of it, are the subject of a new, detailed and biting survey in Brett Christophers’ Our Lives in their Portfolios: Why Asset Managers Own the World. The book’s subject is what the […]

Bids in for Puerto Rico Brownfield Toll Road Concession

Bids are in for the first US brownfield toll road concession in years. Local news The San Juan Daily Star reported that at least two of the shortlisted teams for Puerto Rico’s planned toll road concession had submitted proposals to the island’s Public-Private Partnerships Authority (P3A), which is managing the procurement.

Hawaii NASED P3 Second Pass Completes Market Sounding

In September, the project team for the New Aloha Stadium Entertainment District (NASED) announced that its market sounding process had concluded, allowing the oft-changed project to hopefully take a step forward in its newest form.

Exploring Risk Factors Affecting Sustainable Outcomes of Global Public-Private Partnership (PPP) Projects: A Stakeholder Perspective

Article by Zilin Li and Haotian Wang This paper is motivated by the recognition that the outcomes of PPP projects often fall short of expectations due to various internal and external risk factors that persist throughout the project’s lifecycle.  The paper therefore aims to examine the factors that contribute to the success or failure of […]

Brightline’s Miami-to-Orlando Extension Starts Operations

Brightline, the privately owned operator of high-speed rail technology in Florida, celebrated the inauguration of its Miami-to-Orlando service on September 22. The opening of the $6 billion project symbolized a new era of travel connectivity and convenience in the highly trafficked region. “This is an historic day for Brightline and the team that worked diligently […]

Fitch Updates LAX APM Senior Debt Rating – Outlook Negative

$1.2 billion in senior lien revenue bonds for Los Angeles Airport’s $6 billion LINXS project were moved from rating watch negative to rating outlook negative by Fitch in September. The project, also known as the LAX Automated People Mover, is expected to be completed in late 2024, and will connect the airport’s terminals to a […]