staging
The proceeds of the offering, backed by a majority of fund managers, will be used to refinance renewable energy and low-carbon transport projects.
The Japanese-Chinese team backing the mega-sized solar project summited a record-low bid of 2.42 cents per kWh during the tender process last September.
The state-owned power company continues its partnership with Portugalโ€™s EDP Renovรกveis which has seen it invest in over 3GW of European wind projects.
The lenderโ€™s updated measure of Asiaโ€™s infrastructure gap is more than double the $750bn annual shortfall it had estimated eight years ago.
Sydney-based ICG has bought a 107MW wind farm in Victoria but warns of potential difficulties ahead for long-term investors.
The pair have acquired sPower, a Fir Tree Partners subsidiary that has grown in recent years into the US's largest utility-scale solar builder.
The deal is the second in the sector supported by the monoline insurer in recent months as it increases its support for student accommodation.
The acquisition, backed by a ยฃ55m revolving credit facility, is the fundโ€™s second-largest in the UK to date.
Ding Xuedong, who set up the Chinese sovereign wealth fundโ€™s direct investment unit in 2015, has left his post after close to four years with CIC.
The World Bank affiliate is considering another investment in the sector shortly after the country confirmed its 40GW solar target by 2022.
The tie-up comes as Indiaโ€™s government and central bank are stepping up efforts to solve the countryโ€™s bad-debt problem.
With some upgrades, the PJM Interconnection is capable of transmitting up to 70GW of new capacity from offshore wind.
Edward Beckley will work across the firmโ€™s existing funds to source infrastructure investments globally.
MQA, which already owns half of the Virginia toll road, is set to buy the stake it does not own from Macquarie Infrastructure Partners for $445m.
The pair have sold their respective stakes in Swedenโ€™s Vรคrmevรคrden following their initial investment in 2011.
ii
ii

Copyright PEI Media

Not for publication, email or dissemination