Supressed Treasury yields have created favorable conditions for financing P3s yet few deals are in the market right now. Next up after Rapid Bridges are the financial close of Portsmouth Bypass in Ohio (ACS Infrastructure/availability), SH 288 managed lanes in Texas (ACS Infrastructure/toll revenue risk), and I-77 managed lanes in North Carolina (Cintra/toll revenue risk). Developers of all three projects are seeking TIFIA loan.
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