The sector could be on the cusp of a private capital bonanza should revenue models firm up and costs continue to come down, champions of the technology said today.
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Notwithstanding stronger federal support for American P3s, Canada continues to provide a ‘big bright ray of light’ on how to put infrastructure projects on track, delegates heard in New York.
KKR has bought Calvin Capital from Infracapital, which has owned it since 2007 and helped put in place £1bn in funding for it only a year ago.
The firm’s infrastructure division has made a €488m swoop for Delta Comfort, a telecoms infrastructure provider, while also investing in German firm GETEC.
The Manila-based multilateral lender has recently approved loans and grants totalling $740m for two Central Asian countries to improve their energy supply and efficiency.
The infrastructure nonprofit group has created a platform that allows governments and investors to communicate about financing infrastructure projects.
In the opening address of Infrastructure Investor’s LP Summit, Patrick Foye acknowledged that the procuring agency used to be “too swollen” but that a streamlining programme was under way.
Chinese investor Envision Energy has swooped for the French wind assets of developer Velocita as well as its operational team.
The merger is taking place at a time when ‘institutional investors’ interest in renewable energy is increasing significantly’, Aquila said.
The Hong Kong investor has the listed energy firm in its sights four months after its attempt to buy Ausgrid was blocked on national security concerns.
The asset manager has invested alongside Group Five in four road concessions in Poland and Hungary and is eyeing further projects to invest in.
The state government says decision will help allay security concerns, but opposition Labor party, which may take power next March, opposes state grid privatisation.
The platform will provide equity and debt financing to help export Japanese infrastructure industry.
InfraRed Infrastructure Fund III has committed $970m of equity after its 13th investment in a Colombia road modernisation.
The partners will mostly target brownfield ports in emerging and some OECD markets, with the ports of Prince Rupert and Vancouver as their first buys.