Infrastructure

Puerto Rico received 12 responses from infrastructure funds, U.S. private-equity firms, Canadian pensions, and developers based in Spain and India to a request for qualifications for a privatization of up to 50 years of its principal airport, near the capital, San Juan.

The Southeastern Pennsylvania Transportation Authority sold $201.6 million of tax-exempt capital grant receipts bonds, Series 2011.

New York Gov. Andrew Cuomo named a search committee to recommend candidates for the next chairman and chief executive of the Metropolitan Transportation Authority.

Fitch Ratings upgraded Massachusetts’ special obligation highway revenue bonds to AA-plus from AA with a stable outlook. The agency said the move was part of its continuous surveillance effort.

CHICAGO - Detroit hopes to come to market in early September with up to $100 million of federal capital grant-backed bonds to finance part of a light-rail system along the city's main thoroughfare.

Cost estimates for California’s proposed high-speed rail project are starting to come in higher than expected, according to local press reports.

Los Angeles International Airport reported a 5.4% increase in passenger levels during the first half of 2011, nearly double what officials had been projecting.

DALLAS - Colorado's Regional Transportation District has received confirmation of a $1.03 billion federal grant that is a key element in financing its $6.7 billion FasTracks program.

Florida plans to advance $3 billion of transportation projects, according to Transportation Secretary Ananth Prasad.

CHICAGO - Ohio is looking for advisors to help it explore privatization options for the Ohio Turnpike.