staging
The firm said it plans to merge Wave Broadband with a company it acquired last August to make the sixth largest cable operator in the US.
The deal, agreed to by Q-Parkโ€™s management, remains subject to approval by the car park operatorโ€™s shareholders.
A group of UK local authority pension funds will acquire the stake in a planned deal which could sow the seeds for future transactions.
Bidding for the projects, estimated at $2.17bn in total, had resumed in January after being halted last year, with the airports generating โ€˜strong interestโ€™ from the private sector.
The firm has provided mezzanine debt to a portfolio of 43 assets in a sector increasingly favoured by institutional investors.
The firmโ€™s fourth investment from its second flagship vehicle will provide an exit to Deutsche AM, which bought Autovรญa del Camino in 2010.
The deal brings Luxcaraโ€™s portfolio to nearly 800MW and builds on a 111.2MW Norwegian project the firm purchased last year.
The review, funded by the US government, may pave the way for a $200m project to modernise La Aurora International Airport in Guatemala City.
The European developer won the right to build two offshore wind farms off the US East Coast that could generate up to a combined 4GW.
The projects shortlisted in the third annual Access Co-Development Facility range from a 7MW solar project in Zimbabwe to a 9.7MW hydro facility in Rwanda.
The $38bn pension fund has made commitments to two listed and two unlisted infrastructure vehicles.
Australiaโ€™s State Super and Sunsuper are exiting their stakes to the French firm, which made its debut Americas investments last September.
The $15.1bn pension is broadening a portfolio focused on timber to include infrastructure and agriculture.
The IFC is also part of the team that will invest in broadband company CSquared alongside Convergence Partners.
The Australian fund manager is taking action against the local utility for lack of disclosure during the 2015 sale process of the A$1.78bn plant.
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