Legal disputes, annual calls to annul it and an anniversary that sets the stage for six decades of private-sector upside make the deal a case study in the dangers of misaligned interests.
The group, which was an underbidder in EQT’s 2015 sale, has now succeeded in acquiring the transmission system operator, its second Swedish gas investment since March.
The consortium led by the toll-road operator – including Australian Super, CPPIB and Tawreed – beat competition from an IFM-led team, as Transurban gains control of 16 of the country’s 20 toll roads.
The ACCC gives the green light to a consortium led by the toll road operator acquiring a 51% stake in Sydney Motorway Corporation, but the listed firm will have to publish data from existing concessions to level the playing field.
Telecoms speciality manager Digital Colony has made its first investment in the UK market acquiring a majority stake in Stratto, a small mobile network services provider. Stratto’s existing shareholders, which include institutional investor consultant BiscayneAmericas Advisors, as well as members of the management team rolled a portion of their ownership stake into the new capital […]
The Canada Infrastructure Bank has provided its first project loan, committing C$1.28 billion ($980 million; €840 million) to help bring CDPQ Infra’s Montreal light rail development to financial close. CIB’s financing is a 15-year senior secured loan at a 1 percent rate, which rises to 3 percent over the term length. The C$35 billion federal […]
The Aussie superfund’s solo bid beat a joint offer from MIRA and Sunsuper, with Cbus dropping out of the process.
The firm has again bid €53 per share for the Hamburg-based company, despite the price being previously dismissed.
The airport will realise ‘significant’ cost savings from the deal, taking 95,000 MWh annually from Crudine Ridge Wind Farm, approximately 25% of the facility’s output.
The project in Victoria has a long-term PPA agreement in place with Origin Energy and is expected to appeal to mid-market renewables investors.
The move for BridgeTex marks the Canadian pension’s ‘re-entry’ into the US midstream sector and its third energy deal in the country this year.
The Old Mutual subsidiary’s various vehicles are now invested in about 25% of renewable energy in the country, which recently rebooted its renewables programme.
Infratil and Mercury launched a joint bid to take 100% ownership of Tilt Renewables, which holds 11% of Australia’s installed wind capacity.
The US buyout giant has agreed to acquire a majority stake in Ramky Enviro Engineers, underscoring investor confidence in India’s regulatory reforms.
Macquarie’s green infra investment arm buys the development portfolio, which contains no operational sites, in its drive to build an Asia-Pacific platform.