%2080.jpg "Southern Europe: Back with a vengeance")
After a few years of economic and regulatory turmoil, Southern European infrastructure markets are on the up again. Have investors been too quick to forgive? Matthieu Favas reports
Three out of five pre-qualified bidders have submitted their bids for the delivery of treated bulk water to Bulacan Province, north of Manila.
The Riverstone-backed power producer has completed both the purchase three natural-gas fired power plants and the divestment of its renewables business.
The Malaysian sovereign wealth fund says it is reviewing offers for Edra Global Energy that are close to its $3.7bn target.
The South Korean government will join hands with Korea Investment Corporation to launch an infrastructure fund, targeting overseas markets.
The Australian infrastructure manager deployed $36m from its existing fund and two separately managed accounts for the Waterloo Wind Farm project.
The segment fuelled much of the remarkable boost in activity recorded during the last quarter by contributing 70% of the total.
New equity investors – alongside 12 banks and the EIB – have secured funding for the £1.5bn offshore wind project after SSE pulled out last year.
The move comes six months after the telecoms firm embarked on a similar venture targeting Indian renewables.
Having collected $108m for its two pooled vehicles, the Sydney-based firm is also targeting direct investors via separate accounts.
A group of German pension funds and insurance companies has helped secure a €50m first close for the debt fund.
OPTrust, PGGM and USS have matched a rival offer by a Malaysian sovereign wealth fund to become sole owners of the concessions business.
.jpg "Ares, Kayne call off $2.55bn merger")
Despite the decision to not join forces, Ares will invest $150m in Kayne’s energy activities underscoring the mutual ‘respect and admiration’ between the two firms.
The deal adds 18 US wind farms to ArcLight's new portfolio company Leeward RE, which will serve as a platform for future renewables acquisitions.
Global Infrastructure Partners’ third fund is aiming to go from a first close by the end of this year straight to a possible $15bn final close within months.