Pamplona Capital’s sale of Beacon Rail comes just under three years after the UK company paid $450m to acquire the firm.
The groups were chosen from seven submissions to build the facility, which will treat residual solids from a nearby plant in Victoria, British Columbia.
Several investors this month have acquired assets in oil-rich West Texas, but Macquarie has committed up to $300m to develop longer-producing wells in California.
The Australian manager has committed to investing £3bn through the UK Green Investment Bank over the next three years, with around £230m of assets expected to be sold.
The initiative, supported by the World Bank, aims to promote private financing and investments in domestic projects.
Samsung Life committed $250m to the vehicle, which is also backed by three other Korean institutions.
The credit platform for TPG invested in a company operating pipelines that supply CO2 for enhanced oil recovery drilling.
The Australian firm follows Macquarie and State Super in divesting from the utility, although it will retain a 5.3% ownership.
The British solar firm is partnering with Innovative Solar Systems, a North Carolina-based developer, on a 1.8GW portfolio.
The country's power and utility schemes on average run 39% over budget and are delayed by 12 months, though US projects typically fare worse, according to an EY report.
The Singapore-based renewables firm has hired banks to conduct a ‘strategic review’ of the pool of 102 assets in a bid to garner additional resources for growth.
KWAP, which sees the sector as a private equity play, has a 10% allocation to alternatives.
The firm is the latest private equity house to spend big on assets in the US oil and gas industry this year.
The procurement process is underway for the next phase of a light rail project that will bring close to 70% of Canada’s capital within 5km of rail transit.
In its first deals in South America, Aeroportuario del Sureste has acquired a controlling interest in Airplan and Oriente, which each hold concessions for six Colombian airports for $262m.














