The Old Mutual affiliate joins project partners including Denham Capital and the ARM-Harith Infrastructure Fund.
Shawn Qu, founder and CEO of the NASDAQ-listed company, offers $18.47 each for outstanding common shares as a special committee of directors considers the move.
The Bayonne and Middletown water concessions were sold to Argo Infrastructure Partners for a combined $170m, generating a 2.8x and 3.3x gross money multiple, respectively.
The sale has netted Partners Group a 3.2x blended gross return following a $250m investment in 2014. It had invested in the Japanese platform alongside Equis Energy. The Swiss firm divested its stake in Japan Solar to a consortium led by Global Infrastructure Partners.
The ViaExpresso and ViaLitoral concession buys continue the firm’s recent Iberian ramp-up.
The 27MW project is the group’s fourth such asset in Italy, where it is also one of the largest solar owners.
The Canadian pension has bought a 6.3% share in ReNew Power, and further investment in the company is expected. Last autumn, in a filing with the Competition Commission of India, CPPIB reported that it plans to buy a 16.3% stake in ReNew Power through investments of up to $350m.
A portfolio of more than 20 projects with a capacity of 140MW have been backed in a bid to help the fledgling sector.
Emma Haight-Cheng, AMP Capital’s European head of infrastructure debt, finds the emerging infra sector is heating up.
The firm acquired a US wind portfolio investing from its inaugural fund, which is currently targeting between $1bn and $1.5bn.
The 55MW investment is the fund’s first deal in the country since November 2014.
Around 29% of PV Power will be sold to strategic investors, while 20% will be offered on the Hanoi Stock Exchange at the end of this month.
The US fund manager acquired its second oil terminal in the UAE port.
The commitment to Montreal-based eStruxture boosts its funding to $145m as it pushes to expand across the country.
The German fund manager has bought its first project in Spain, hailing the ‘free market conditions’ after sealing the 45MW subsidy-free asset.