A growing number of OECD-focused infrastructure investors is starting to head to emerging markets in what might signal a shift in the latter’s fortunes.
The firm acquired the Danskammer Station through its sophomore investment fund.
The 600MW plant will be one of the world’s largest in what is a major strategy shift for the Italian investor.
The pair has identified over 1GW of wind projects supported by favourable government initiatives.
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The move comes as its $426bn Exchange Fund eyes more investments in infrastructure.
Deal will restructure the debt of 46MW Carraig Gheal site in Scotland.
The Toronto-based mid-market investor closed its debut infrastructure fund on C$740m in June.
The deal allowed IDFC’s India Infrastructure Fund to exit Mytrah Energy, generating an 18% return.
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The deal is part of a pre-emption rights take-up by Macquarie Atlas Roads, which now has a 25% ownership of the French motorway operator.
The delay has driven up the project’s costs, but the transportation department still believes the deal will save the state time and money.
BP filed for an IPO of its midstream unit last week that could raise up to $500m.
The Middle East port operator feels disappointed by the government’s renewal terms and that its contributions in the economy are ‘not fully recognised’.
The firm has taken a majority position in a $250m instrument issued by Caprock Midstream, which invests in oil, natural gas and water infrastructure assets.
Infrastructure projects are a priority for the €10bn vehicle as it mobilises the cash raised during its first phase of fundraising.
Abu Dhabi firm is part of consortium named preferred bidder for the $320m project, which will divert 96% of Perth’s residual waste from landfills and turn it into renewable energy.