North America Report
North America Report 2005
Wellsprings of tolling history: Out on the high plains a bit east of the main Front Range line of settlement that stretches between Pueblo through Colorado Springs and the Denver area up north to Fort Collins, there have been wild voices raised again plans for an investor-built Front Range Toll Road.
NY may face PPP fork
Will PPPs come to NY State? Even after massive budget deficits in the past five years cut into the state’s plans to invest, the state government, headed by a Republican friendly to privatisation efforts, did not get very far in pushing an integrated roads PPP programme to potential creditors or to the public. By Nicole Gelinas.
Tough talks for PA bonds
The Transportation Reauthorization Act has narrowly avoided expiration on several occasions, with last-minute extensions signed into law eight times. By Alison Healey.
Trends in NA project finance
The global project finance market rebounded in 2004 with an overall volume of US$144bn, according to Thomson Financial. By Ramesh Raman, director, and Scott Flippen, associate, Taylor de Jongh.
Financing a Steamboat
Calpine approached Calyon and CoBank to lead a group of underwriters (comprising HSH Nordbank, HypoVereinsbank and UFJ) for the financing of its next stand-alone power project last September. By Martin Livingstone, director, Calyon project finance.
Rocky pipe into service
Cheyenne Plains Gas Pipeline Company LLC is an interstate natural gas pipeline company that has developed and placed into service the Cheyenne Plains Pipeline. By Ralph Cho, associate director, loan and debt capital markets, WestLB Securities, and Sanjay Nayyar, director, project finance, El Paso Corporation.
