The Hong Kong giant’s bid is subject to approvals from the FIRB and the ACCC regarding foreign investment and competition concerns, which could force a divestment of assets.
Lincoln Clean Energy is the first of the 15 portfolio companies to be fully exited by the vehicle, which is currently generating a 18.2% net IRR.
The group’s access to detailed traffic information is at the core of the Australian watchdog’s concerns as it vies with IFM Investors to win approval for the project.
The buyers said they are they ‘are well placed to […] mitigate the effect of declining concession lengths’ for the 65-asset PPP and PFI portfolio.
Both fund managers are investing in Canadian companies offering water heating and air conditioning leasing services.
The firm becomes the latest to embrace Taiwan’s renewables revolution, joining the less sought-after solar market.
China Southern Power Grid International will be the second-largest shareholder in Encevo after acquiring the French fund manager’s 25.5% stake.
The New York-based firm funded 60% of the deal for natural gas services company Discovery Midstream, while Williams Partners contributed 40%.
Tampnet, bought by 3i Infrastructure and ATP, was also partly owned by EQT’s second fund, which has now sold four of its 11 assets.
The 20% share in Suez Water Resources has been sold to pay down the parent company’s debt following its acquisition of GE Water last year.
The debt investment, which could reach $1bn, will support Tillman Infrastructure’s rollout of about 1,500 cell towers across the US.
The Walsh & Co-managed entity has secured a 15-year PPA for 69% of Beryl Solar Farm’s output and is considering a battery installation to enhance risk-adjusted returns.
To meet today's deadline, the Transurban-led team had to submit a conditional bid for WestConnex without knowing if it will receive clearance from the competition watchdog in September.
The US-based renewables developer, backed by NZ Super and Infratil, is also proceeding with the construction of the 238MW Rio Bravo wind farm in the same state.
The guarantee was crucial for the $375m valuation the Danish manager and the UK’s CDC were offering for Zambia’s Copperbelt Energy Corporation.