Starwood Energy is nearing its third infrastructure fund’s $1.5bn hard-cap as it eyes longer partnership with the reinsurer.
An initial 30 sites have been acquired by the new platform, with further deals slated for later in the year.
The firm’s second fund has become a shareholder in the project majority-owned by GIP’s Competitive Power Ventures.
The insurer is keen to explore other opportunities brought by Beijing’s ‘mixed-ownership reform’ scheme, following its $3.26bn investment in China Unicom.
The state’s finance authority took control of the road project last week, which is now expected to finish two years late and $160m over budget, in what Fitch called an ‘effective solution’.
.jpg?id=12885346550 "Partners Group agrees US utility services deal")
The company operates across the electricity, gas, water sewage and telecoms sectors in the US and Canada.
A $120m deal for the 55MW Sainshand project reached financial close, with Engie, Ferrostaal and the Danish Climate Investment Fund among the project’s sponsors.
Stock price soars as government announces plans to offload controlling stake.
China’s State Council is encouraging investment in projects in the One Belt, One Road Initiative.
The state has moved to enshrine its energy targets in law, as it aims for 40% green power by 2025.
Sojitz and Japan Airport Terminal agree $32m contract to help local government operate and expand the sole international airport on the South Pacific island country.
An RFQ was issued for the Davenport Diamond upgrades, while shortlisted teams were invited to submit bids to build the Hurontario Light Rail.
The investment firms bought two solar projects with long-term contracts in California.
The listed fund has spent £286m on acquisitions in the past eight days, boosting its portfolio to 617MW.
The financing will be used to fund new treatment facilities and a landfill gas plant.