Hochtief and Meridiam close on Presidio Parkway

Nossaman is mentioned in the Project Finance Magazine article "Hochtief and Meridiam close on Presidio Parkway" discussing the financial close for the $1.1 billion Presidio Parkway Project, California's first transportation public-private partnership.  A Nossaman team, led by Barney Allison, advised the California Department of Transportation on the procurement, financing and contracts for the project.  The $1.1 billion deal will be the first transportation P3 in California under the recently enacted P3 statute, Streets and Highways Code section 143, and only the third highway project developed through an availability payment structure. 

Nossaman's press release has also been posted to nearly 140 online outlets, including MSNBC, Reuters, MarketWatch, the San Francisco Chronicle, and Yahoo! Finance.