This Month
Ventura bus auction nears destination with preferred bidder in tow
The Victorian operator, which has been owned by the Cornwall family since 1924, was put up for sale earlier this year by Goldman Sachs.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November
EV biz GoZero lines up $100m financing to expand fleet
Street Talk understands the EV outfit is in talks with Commonwealth Bank of Australia and a handful of other lenders.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Flyers for EV outfit GoZero hit inboxes; 50pc margin uplift predicted
GoZero is forecasting a “strong profitable growth profile”, underpinned by government and commercial contracts.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Last stop for Ventura’s $1b sale; binding bids in
Street Talk understands sell-side adviser Goldman Sachs collected binding bids on Friday and is due to pick a preferred bidder as early as next week.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Kinetic wants to ‘shake up’ Australian transport with rail assault
The group, which runs the red SkyBuses that transfer people from airports to city centres, is entering the race for train and tram contracts.
- Jenny Wiggins
October
EV bus outfit TrueGreen Mobility preps $100m raise; MA Moelis mandated
Preparations for the capital markets trip come 2½ months after it acquired coach charter company North Sydney Bus Charters.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Pallas evokes Paris in defence of $200b rail project for Melbourne
Victorian Treasurer Tim Pallas has defended the controversial $200 billion Suburban Rail Loop, saying “we need this for the state and the future”.
- Gus McCubbing
September
Bankers board Vic bus operator Ventura; binding bids loom
It is understood Singapore-listed Keppel Infrastructure Holdings has tapped Flagstaff Partners to prepare its binding bid.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Vic bus bigwig Ventura lures offshore bidders despite contract risk
Hitherto a meek client, the Victorian Government recently changed rules for how it hands out bus contracts.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August
UBS launches Auckland Airport block trade; funds pre-empt bookbuild
It is understood $300 million of the shares on offer have been pre-allocated to a select group of industry and pension funds at a weighted average price of $8.12.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
July
Goldman coaches core-plus funds on $80m-a-year Ventura
Ventura’s expected to fetch close to $1 billion given interest from core-plus funds in similar assets.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June
Nexport leading the way in getting EV buses on the road
Australia’s largest producer of zero emission buses aspires to electrify all 8000 buses in NSW.
- Nina Hendy
Meet Transurban’s biggest competitor for $2 billion ConnectEast
An obvious angle for Abertis is its longstanding relationship with APG.
- Sarah Thompson, Kanika Sood and Emma Rapaport
April
How the Dutch mastered bike parking at train stations
Every weekday in the Netherlands, more than 400,000 people – 40 per cent of all train passengers – secure their bike at a local station on their way to work.
- David Zipper
Keolis Downer forced out of $2.1b South Australian trains contract
Bad news keeps coming for Downer, with its joint venture with French group Keolis given only a small consolation prize as a contract ends prematurely.
- Simon Evans
March
Take a closer look at the design magic in London’s majestic ‘Liz Line’
Global firm Grimshaw’s lead architect on the project reveals how the new, 118 kilometre-long tunnel system was conceived to be anything but claustrophobic.
- Stephen Todd
Kelsian deal: $487m purchase, raising at 12.6pc discount
ASX-listed transport company Kelsian Group is finally out with news of its US acquisition and associated equity raising, sending terms to investors on Wednesday night.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
February
Would-be premier vows ‘Made in NSW’ agenda will avoid missteps of past
A decade after the state paid $175 million to bail out a local train contract, Chris Minns is adamant his plan will avoid cost-overruns, defects and delays.
- Samantha Hutchinson
- Exclusive
- Aviation
Aussie flying electric vehicle start-up takes off
An ambitious plan to create a new era of flying electric vehicles at Aussie start-up AMSL Aero has passed an important landmark, with a first successful test flight.
- Paul Smith
January
National cabinet seeks to end scourge of multiple rail systems
Government leaders have declared they want an end to the lack of interoperability between Australia’s 29 highly fragmented rail networks.
- Tom Burton
