Matthieu Favas
The transaction, which will see the Canadian pension and the UK asset manager own a joint 40% of the rail operator, is part of the UK’s government efforts to sell £20bn of assets by 2020.
The French fund manager is eyeing a final close by the end of June.
Andreas Koettering has joined the Singapore sovereign fund as a senior vice president after six years at the Canadian pension.
Andreas Koettering has joined the Singapore sovereign fund as a senior vice president after seven years at the Canadian pension.
The UK’s PIP has made a good start at rethinking the way pensions can access infrastructure, but it remains to be seen whether it is capable of deploying a lot of money on their behalf.
The Paris-based firm will operate a 44km section of the A4 Autobahn jointly with developer Vinci.
The firm, which initially invested in the Czech gas distribution network in 2012, will own 49.96% of the business.
The French fund manager and institution have signed a 50-year concession to finance the transformation of Boulogne-sur-Mer and Calais into a single port.
The UK-listed firm’s infrastructure arm has invested in two companies owned by Germany’s Oiltanking, adding to the three terminals it initially backed in 2007.
The $6.5bn emerging markets firm has just launched its eighth clean energy platform. The strategy could give a high-voltage jolt to energy industries across many developing economies.