Zak Bentley
The local government rejected plans by Britain’s ninth busiest airport to grow its passenger limit from 10 million to 12 million on environmental grounds.
The firm has already raised €500m from European investors and will now pitch the vehicle to Australian LPs.
The UK-based manager believes mid-size infrastructure companies ‘have typically not received the full attention of their previous owners’.
Darryl Murphy’s promotion from head of infrastructure debt to the newly created role comes just under three years since his arrival from KPMG.
In our final Deep Dive instalment, we look at the UK, the first to emphatically reject PPPs, and find an unresolved debate on value-for-money and poorly shared refinancing gains as lessons to be learned.
The investment in a 5GW UK renewables portfolio is a first of its kind for MIDIS and it “definitely sees this as the first of more to come”, Tom van Rijsewijk tells Infrastructure Investor.
The fund, launched by the founders of Equitix, is seeking at least £200m which will also look to invest in renewable energy equity and debt.
The German manager intends to keep its third instalment at a similar size as it seeks to maintain its current strategy.
The French manager is already targeting the launch of its fifth instalment this year, with the fund 65% invested.
The fund, which could reach $1bn, will feature a $100m first-loss tranche from government institutions. It will invest in low-carbon assets, with at least 25% invested in Africa.