Energy Investors Funds anticipates the Connecticut power plant will be completed by 2010.
Allied shares dip in early Monday trading; Republic shares up, but downgraded by analysts.
Robert Aguallo Jr. talked to M&A last month, discussing the trends that brought him to Cardinal America Funds, a vehicle that is focused exclusively on companies that play into the burgeoning infrastructure market.
ITS Technologies & Logistics sees majority stake absorbed by Carlyles infrastructure unit.
The pending sale of the Pennsylvania Turnpike represents reflects the opportunity investors are finding in infrastructure.
CI Capital Partners has secured $700 million in new financing for its portfolio company Ply Gem Industries.
DLJ Merchant Banking Partners has agreed to acquire Deffenbaugh Industries, Inc., an integrated waste services company serving the Midwest. The purchase price was not disclosed. The transaction, which is subject to customary closing conditions, is expected to close by year-end. Headquartered in Shawnee, Kan., Deffenbaugh is one of the largest waste management companies in the Midwest and provides collection, transportation, and disposal of commercial and residential waste. The Company currently serves approximately 450,000 customers and owns the 800+ acre Johnson County Landfill, which is one of the largest privately owned landfills in the United States.