PFI – Strong teams emerge on high speed link

* Two thus far

* Initial expressions of interest due Friday

By Rod Morrison

LONDON (Project Finance International) – Two teams have
emerged thus far with intention to considering bidding for the
Channel Tunnel high speed rail link – HS1- between the Channel
Tunnel and London. Initial expressions of interest are due in on
Friday. Channel Tunnel operator Eurotunnel (GETP.PA: ), Goldman
Sachs (GS: ) and M&G’s Infracapital has already emerged as one
team. And now Morgan Stanley (MS: ), a second bidder, is believed
to be talking to 3i (3IN.L: ) about forming a consortium. In May
the 3i group appointed Sir Adrian Montague as its chairman. He
was heavily involved, when a government adviser, in the original