The Silvertown Tunnel project was pursued by Transport for London, rather than the UK’s central government, which last year abolished PPPs.
The $1.6bn project is being jointly developed with Thailand´s Gulf Energy Development, and has been backed by a consortium of 16 lenders.
Undertakings by ANZ Terminals to divest a facility in South Australia and to exclude a facility at Port Kembla from the deal alleviates competition concerns, the competition watchdog said.
The project marks the beginning of the Swiss fund manager’s partnership with Perth-based Starling Energy, a manager of distributed energy assets.
The firm is part of a consortium of 20 international and local lenders that will provide project financing for the Macquarie Capital-backed Formosa II.
The development bank hopes the loan will catalyse private capital into the country’s infrastructure sector which faces a gap in excess of $70bn per year.
IFM chief executive Brett Himbury says deals at such a large scale see ‘improved’ risk-return dynamics compared with others at a lower ticket.
The firm’s second infrastructure fund is targeting $1bn and has acquired a business aviation provider and a water infrastructure company servicing the midstream sector.
The London-based firm, which has long focused on Italian renewables, will pursue subsidy-free projects in Europe through ‘alternative instruments to traditional funds’.
Murra Warra’s second phase could fetch a significantly higher price than that paid by Partners Group for phase one in 2018, amid high demand for renewables assets.
The three firms have each acquired a 26.3% stake in the airport’s holding company for a total of $1bn.
The first phase of the Mexico Pacific LNG export terminal, which Tortoise is investing in through a special purpose vehicle with AVAIO, is expected to begin construction next year.
Wireless infrastructure operator Phoenix Tower International is being moved into a continuation vehicle, Secondaries Investor understands.
Fontavis, which has raised three renewables funds – two of them alongside UBS Asset Management – will operate as an established brand within Swiss Life Asset Managers.
Firms including Tetris Capital, Capella Capital and Plenary Group among shortlisted bidders for A$1.5bn Footscray Hospital PPP.