The government has invited the private sector to submit proposals for the operation of the national and regional hubs it is aiming to privatise by 2020.
Germany’s wpd has been selected to connect 1GW of capacity, while Ørsted and CIP will push forward with 900MW each.
The manager’s Community Infrastructure Fund has acquired the remaining 50 percent it did not already own of Riverland Water, a company in which it first invested in 1996.
The asset manager has acquired a 49% stake in two Scottish wind farms owned and operated by Fred Olsen Renewables.
The 286MW facility has a power-purchase agreement with a local utility that expires in 2036.
The firm is rebranding the 2.2GW portfolio of power assets as Saavi Energia.
The NY-based fund manager will acquire IDFC Alternatives’ infrastructure business, which will be rebranded as GIP India.
The firm made the commitment through Macquarie Infrastructure Partners IV, which is targeting $3.5 billion.
The successful bidder will design, build, finance, operate and maintain all rail assets, as well as lease the rolling stock to the railway operators.
The French firm has acquired the Canadian pension’s Airports Worldwide platform, growing its European portfolio in the sector and entering the US air transport sector.
Jake Lee, head of infrastructure at Hyundai Marine & Fire Insurance, is still willing to take the lower returns that come with core infra, but currency headwinds are steering the Korean insurer away from US dollar assets.
Infrastructure and real estate investors are teaming up as a wave of capital washes over the sector, fuelled by a booming digital economy.
The French fund manager has exited its concession at the London hub in a deal believed to value the site at close to £1bn.
The investors purchased the minority interest in GFL, one of the largest North American players in the sector, from another group of equity holders – valuing the business at $4bn.
The CDP-backed Italian gas utility – along with Belgium’s Fluxys and Spain’s Enagás – has emerged as the preferred bidder for a majority stake in the Greek transmission operator, agreeing to pay €535m.