[Liz]

Interesting....thanks.

[Alberta's Child]

Driving the activity is that more of these projects are being put up for sale, Mr. Likosky said. A number of toll road public-private partnerships have declared bankruptcy or nearly went bankrupt, providing pension fund investors with potential bargains.

At the time these things were starting to gain traction here in the U.S., I predicted that their financial performance would be disastrous.

There's a reason why so many of those deals were signed by foreign buyers. U.S. institutional investors were smart enough to steer clear of them.