Peters joins infrastructure fund
Mary Peters, who advocated rules allowing more highways to be privatized and tolled during her tenure as transportation secretary in the Bush administration, has joined Zachary American Infrastructure Inc., as an advisor.
The company is an investor and developer of projects in the transportation, energy, water, aviation and port sectors. Its partner is Hastings Fund Management. (USA).
Peters will lobby states and local governments on the benefits of using private financing to structure public works projects, the company said.
‘Partnering with Zachry American and Hastings USA allows me to further the work I did as secretary of transportation, helping public entities realize value by partnering with the private sector to treat infrastructure as an asset rather than just issuing design-build and maintenance contracts,’ Peters said.
Before becoming transportation in secretary 2006, Peters was senior vice president for HDR Inc., administrator of the Federal Highway Administration and Arizona’s director of transportation.
Peters joins infrastructure fund
