Asset manager Long-Term Asset Partners is led by directors with extensive infra and logistics experience, which suggests the acquisition is being viewed as an infrastructure play.
The 85% acquisition of the Estonian energy group means the majority of the €1.4bn raised by First State in June for EDIF II has now been deployed.
A $1.45 billion public-private partnership to modernise a portion of Interstate 75 in Detroit, Michigan has reached financial close after the state’s department of transportation issued more than $600 million in private activity bonds. Oakland Corridor Partners, a consortium of infrastructure companies leading the PPP, secured funding to rebuild, finance and maintain a 5.5-mile stretch […]
The firm is targeting more deals in the sector, to which it is aiming to commit 20%-25% of its Diversified Infrastructure Trust.
Treasurer Josh Frydenberg confirmed his ‘final decision’ that the takeover would be ‘contrary to the national interest’.
The airport is jointly held by its MEIF1 and MEIF3 funds alongside the Belgian government and OTPP, with the latter believed not to be among the bidders.
The transaction marks InfraCo Asia’s full exit from the Coc San plant in Vietnam, six years after its initial investment.
Treasurer Josh Frydenberg said the move should not be seen as an ‘adverse reflection’ on CK Group and that Australia still welcomes foreign investment that is not ‘contrary to our national interest’.
The sale of Indigo Pipelines is the first exit from Scottish Equity Partners’ Environmental Capital Fund, which raised $176m in 2014, targeting a 14% IRR.
The deal is a debut transaction for the government-backed vehicle’s Strategic Fund and comes amid growing concerns surrounding bad loans in the country’s infrastructure sector.
The Australian funds manager ups its total share in the project to 16.5 percent in a deal worth approximately $72m.
Dumfries and Galloway Royal Infirmary operates under Scotland’s Non-Profit Distributing model, an adaptation of the UK’s PFI scheme which was abolished this week.
The Carlyle Group has agreed to build a land-based oil export terminal on Harbor Island, off the coast of Texas in partnership with the Port of Corpus Christi Authority. The Washington DC-based private equity firm will have full ownership of the terminal, which Ferris Hussein, a managing director for the firm’s infrastructure group, said will […]
Commonwealth Bank of Australia is selling the asset manager in a separate transaction from the planned demerger of its wealth management businesses.
The troubled firm's large portfolio includes more than 14,000 kilometers of roads, wind energy and solar plants and maritime and logistic assets.