Plenary Americas’ senior management will retain a minority equity stake in the business, while CDPQ will take a near-90% interest in the PPP portfolio.
Travel restrictions and market volatility mean that neither a private sale or public listing are currently viable, but Brookfield intends to re-start the sale process at an undetermined date.
We celebrate the managers, institutional investors and advisory firms considered by their peers to have been the standard bearers of the private infrastructure asset class.
The investors participated in a $1bn-plus fundraising round alongside the UK Railway Pension Scheme and AP2, with QIC’s investment bringing its Global Infrastructure Fund close to full deployment.
The investment in a 5GW UK renewables portfolio is a first of its kind for MIDIS and it “definitely sees this as the first of more to come”, Tom van Rijsewijk tells Infrastructure Investor.
The two firms have launched the search through their Australian JV, International Power (Australia) Holdings, and will seed the platform with the newly-operational 119MW Willogoleche Wind Farm.
Sales of shares on Australian and New Zealand exchanges sees MIRA exit Oceania Healthcare completely, having listed the company via IPO in 2017.
The fund acquired a 24.1% stake in Canberra Data Centres from Commonwealth Superannuation Corporation in a move that reflects the importance of digital infrastructure assets.
Aviva’s head of infrastructure debt Darryl Murphy assesses the current state of the market.
Asterion Industrial Infra Fund I closed on its revised hard-cap and is already close to 60% invested.
The fund manager will focus on the Windlab acquisition before turning to fundraising for a new vehicle, the Sustainable Australia Real Assets Fund.
The $66bn sovereign wealth fund is inviting bids on a portfolio comprised around 40% of infrastructure funds.
MidRail claims the Swiss firm has been 'unjustly enriched' at its expense through 'exploitation of MidRail's confidential information'.
The firm booked a £66m write-down on its Australian renewable energy assets last year due to changes in marginal loss factors and halted new investment, but is now considering exiting the sector altogether.
Taiwan Life and TransGlobe Life have acquired a minority stake in the 600MW Changfang and Xidao offshore wind project, while the Danish fund manager will retain its majority stake through the construction phase.