Matthieu Favas
The firm, which saw 14 new investors commit to the fifth series of the vehicle, expects to be launching a successor during the first quarter of next year.
The Margam Green Energy Project is the fourth asset acquired by the French manager’s €500m Fund II.
The move follows LPFA’s creation, jointly with Lancashire County, of an asset-liability management partnership covering assets potentially worth more than £10bn.
The French insurer will invest in the asset class through Zencap Asset Management, the private debt unit of its asset management arm OFI.
The transaction will provide a lucrative exit from the UK rail leasing business for 3i, Morgan Stanley, STAR and PGGM.
The transaction will provide a lucrative exit from the UK rail leasing business for 3i, Morgan Stanley, STAR and PGGM.
The institution is partnering with Bayerische Landesbank subsidiary DKB to provide €200m of financing to a range of projects including PPPs.
Cenpower, whose backers include AIIM, Africa Finance Corporation and FMO, is expected to account for about 10% of the country’s capacity once complete.
Cenpower, whose backers include AIIM, Africa Finance Corporation and FMO, is expected to account for about 10% of the country’s capacity once complete.
Fast-growing economies no longer form a coherent category. That should help rather than deter prospective investors.