Matthieu Favas
Matthieu Favas is the editor of Agri Investor. He was previously the web editor of Infrastructure Investor, where he started in 2013 after a year as a reporter at Private Equity International. Prior to joining PEI he spent four years in the wine industry in London, Spain and Mongolia.
The two financiers have pooled assets including Ghana’s Kpone and Kenya’s Lake Turkana projects into a unit capable of supplying 30 million people.
IFC affiliates and two fund managers have backed the developer as it seeks to expand Lekela Power, a joint venture it launched last year alongside Actis.
The Russian sovereign fund has also raised debt from Gazprombank to undertake a healthcare project in St. Petersburg.
London-based Pension Insurance Corporation has taken a chunk of debt issued by the £4.2bn project a month after the EIB lent £700m to the winning consortium.
The European infrastructure fund manager has teamed up with real estate specialists to bid for Grandi Stazioni Retail, a subsidiary of Italy’s state-owned railway company.
The group will pay about 1.3 times the company's regulated asset base to acquire the 4,200km pipeline network.
The IFM and Manchester City Council-backed holding has raised fresh bank money as it undertakes a £1bn revamp of its flagship hub.
The US fund manager has bettered its initial bid for Scottish metering business Energy Assets by 5.5%, valuing the company at £209m.
Restricted in size and prone to short-term turbulence, the Australian market can’t be the whole answer to investors’ dealflow problems. But those who stay for the long haul stand to be rewarded.
The likes of Abertis, DIF, Globalvia, Hermes and Vinci are said to be considering a bid for the M6 Toll road, as the project's creditors attempt to recoup £1.9bn of debt.