The Aquino government is also looking into the feasibility of project bond issuance to raise funds from the private sector for massive infrastructure projects in its growing pipeline.
The New York-based firm, along with Cogent Energy and Granite Peak, has decided to sell the Wyoming crude oil facility only two years after investing in it.
Sweden’s AMF Pensionsforsakring AB and the Strathclyde Pension Fund helped the vehicle add £355m to first close commitments.
The country has set up a dedicated $28bn fund in a bid to attract private investment in mammoth infrastructure projects.
The Chinese energy company has decided not to submit its final bid for Edra Global Energy, the Malaysian sovereign fund’s energy unit.
The Indian asset manager is already seeking controlling stakes in operating road projects through HC1, a vehicle owned by its $930m debut infrastructure fund.
Marquee names have expressed interest in participating in the delivery of Virginia’s I-66 road project should the state decide to proceed with a DBFOM model.
Continuing a years-long financial relationship, CIT acted as sole lead arranger in the North American telecom tower developer’s largest financing to date.
The French bank has launched an infrastructure practice in Sydney with Marie Vinnell at its head.
The US-based asset manager has agreed to pay $490m for a natural gas-fired power station from local utility Entergy.
BAE Systems’ pension fund achieved a high price for its stake in DeAWM-managed RREEF Pan-European Infrastructure Fund, according to a source close to the deal.
Moody’s is predicting traffic growth in sectors including toll roads, although low inflation will keep a lid on charges.
The emerging market fund manager has teamed with Indian conglomerate Aditya Birla to co-invest $1bn in India’s renewables sector.
The government of Malaysia is inviting bidders for Kuala Lumpur’s Kepong project, the incinerator of which is said to be budgeted at $190m.
The transaction is the first investment made by the Australian firm's debut infrastructure fund, which reached a A$1bn first close last August.