Public-private partnership

Lifting the PABs cap is a priority for transportation advocates, lawmakers from both sides of the aisle and the Trump administration.

But a toll-backed public-private partnership remains possible for the more than $1 billion project.

Tracking with the larger U.S. managed lane sector, the company enjoyed strong growth in its North American market.

With the future of U.S. public funding for infrastructure remains cloudy in terms of quantity and delivery methods, sentiment appears to be shifting towards allowing more private investment.

Stonepeak Partners will pay $2.5 billion to buy the remainder of the lease of Chicago's parking meters. The 2008 lease runs through 2084.

The agreement launches a six-month process in which the consortium will evaluate opportunities to design, build, operate, finance and maintain one or more segments of the program.

The BB-plus rated borrowing comes as high-yield supply remains strong in the muni market.

Alexandria, Va. is moving forward with a $155 million plan to convert a former power plant into a 2.5 million square feet development by leveraging tax increment financing and bond sales.

South Carolina — which just passed a law allowing tolls and public-private partnerships — won federal funding for a statewide asset scan focused on its major transportation corridors for potential P3s.

Pooling local projects and slicing up risk could open the door to more private capital, a researcher said.

On the state P3 front, PennDOT aims to complete a review of a proposed $5 billion toll lane project next year.

The six-month pre-development agreement is the first step toward a larger public-private partnership to help deliver the struggling bullet train.

Reason's latest transportation finance report lays out barriers to U.S. pension funds investing in infrastructure and the P3 pipeline.

The Trump administration and several states are leaning into public private partnerships as the idea of inviting private investment into public infrastructure gains more acceptance.

Supporters of a proposed Major League Baseball expansion team in Sacramento announced funding plans during a Thursday press briefing.

Research from The Bond Buyer finds that political will is the strongest impediment or asset to the growth of P3 activity across the U.S.

The bill promote private capital and public-private partnerships as part of the financing process.

Political opposition from Charlotte residents halted the express toll lanes expansion plan.

Municipal finance professionals surveyed by The Bond Buyer said unrealistic revenue projections were the top driver of problems for public-private partnership deals.

Huntington Securities has hired Shai Markowicz, a veteran of Citi and Morgan Stanley, as managing director and head of project finance.