Under the initial agreement, the fund and PSP-owned highway operator Roadis will invest in new opportunities on a 50:50 basis.
A merger would create country’s second-biggest superfund, behind only AustralianSuper and ahead of QSuper.
The Swiss firm funds transaction through €252m energy storage vehicle and says it will look for further opportunities in one of the sector’s ‘most mature’ markets.
MEIF6 is thought to have agreed to purchase a geothermal power company in Iceland in what would be its first deal.
Diversified Infrastructure Trust to return to the market for funds after increasing its student accommodation portfolio to more than 5,000 beds.
Mirova and MEAG are in talks with the French fund manager to acquire a 49.2% stake in Indigo, which this week agreed a deal with Sunsea Parking in China.
Firm shows continued bullishness towards India market by acquiring loss-making asset that connects gas reserves off east coast with urban centres in west.
The circa €1.1 billion deal for DCT Gdansk is IFM’s first in Poland since the government in 2017 blocked it for being a fund ‘focused on aggressive profit’.
Sister publication PEI's interactive charts paint a picture of how the two would marry together.
The consortium, which also includes Swiss Life, purchased the stake from Macquarie for an undisclosed sum. QIC will hold part of its stake in its global infrastructure fund.
The Sydney-based fund manager said the venue in Western Australia has the characteristics of an infrastructure asset, with ‘secure and predictable’ revenues.
The deal will allow Oaktree to operate independently, though Brookfield intends to build up its stake.
The infrastructure conglomerate emerged as the winner of a 50-year concession for six airports located in state capitals and densely-populated areas in the country.
Both companies and UK development finance institution CDC will jointly invest $330 million in Ayana Renewable Power.
Long-Term Asset Partner’s mysterious bid for 100% of GrainCorp faces a May 10 deadline after sale of liquid terminals to ANZ Terminals, owned by several infra fund managers.