Roads

Edelweiss Alternatives’ Fund: Edelweiss Alternatives’ Fund acquires L&T IDPL

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Mumbai: Edelweiss Alternatives’ Infrastructure Yield Plus acquired L&T Infrastructure Development Projects (L&TIDPL), which includes seven operational roads and one power transmission asset in India. Larsen & Toubro held a 51% stake in L&TIDPL, while the Canada Pension Plan Investment Board (CPP Investments) owned the remaining 49%. With this transaction, Edelweiss will have a total of … Read more

Calgary mayor ‘can’t believe’ comments made by federal minister about not funding new road projects

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Jyoti Gondek, Calgary’s mayor, is the latest politician to raise concerns over comments made Monday by federal Environment Minister Steven Guilbeault in which he reportedly said his government “has made the decision to stop investing in new road infrastructure.” The quotes were published by the Montreal Gazette and Guilbeault later said “of course we’re funding … Read more