P3 Bulletin digest: consultant searches, executive hires, and one $50 million World Bank loan

P3 Bulletin's latest digest carries three dollar figures, but only one of them arrives with both a payer and a place: $50 million from the World Bank for a sanitation P3 in Paraíba, which this publication covered on September 23. The other two are larger and thinner: Harrison Street is reported to have agreed a $2.9 billion acquisition of an energy firm — a deal that came with no target, seller or closing date when we wrote about it on September 30 — and an unnamed Florida city is weighing P3s against a $2.2 billion mobility program that stood in the file on October 1. The $50 million is a rounding error beside the $2.9 billion headline, and the only number on the page attached to a named place and a named lender.

The rest of the page is advisory traffic, running from consultants wanted for a hospital P3 in Colombia to advisers sought for a Canadian waterfront development, with further searches listed for an innovative financing framework in South Carolina and an investment roadmap in Flagstaff. Rio has opened consultation on an electric bus P3, Jamaica has tendered an agricultural logistics hub, a contractor is on board for a healthcare P3 in Peru, a concession is planned for a Colombian airport — the country's second entry here — Contra Costa Transit Authority is exploring P3s for mobility hubs, and a Miami courthouse P3 that has drawn a termination notice. Neither the hospital search nor the waterfront mandate carries a timetable in the digest.

Hiring is the liveliest column on the page: P3 Bulletin reports a former Metrolinx chief joining the Alto project, Equitix appointing a capital formation lead, and Paslay Group planning an infrastructure expansion built around an InfraStrategies co-founder. PID's records show four executive changes at Alto since September 23 and two at Equitix during September. Capital formation is fundraising work, which suggests the asset manager is building toward its next vehicle rather than its next close; a transit-agency veteran joining a named project points toward delivery instead. The personnel items sit on a page that carries a single financing.

The gap between advisory work and money has been this masthead's theme since early September, when advisers hired and roadmaps commissioned were outrunning the deal sheet. This edition does not close it. The two searches that look closest to procurement — the Colombian hospital consultants and the Canadian waterfront advisers — name no shortlist in the file, and the mobility schemes are still being weighed rather than procured. Whether a search produces a shortlist is the next thing worth watching; until then, this page's most dependable output is appointments.