The 1,830km project is set to be among the longest of its kind in the world, transmitting thermal and wind power across the subcontinent’s central and southern states.
The Middle Kingdom is set to play a growing role in the South Asian country’s energy fortunes after the $1.8bn acquisition of a major utility by Shanghai Electric Power last October.
The investment manager has bought majority stakes in the first two PPPs procured in Aruba through its InfraRed Infrastructure III Fund, which it reported as 95 percent invested in December.
The team, which also includes FCC and Acciona, will be tasked with building one of the largest infrastructure projects in Latin America.
The €150m transaction, which comes two years after Amundi Transition Energétique was launched, is likely to be followed by investments in renewables and energy efficiency projects.
Former head of sales Ike Bae will take over as head of the firm’s operations in Korea.
A pair of renewable firms from the US and Japan have locked down financing for a smaller project as they look to build 1GW of green energy capacity in the Asian country.
The emerging markets firm has yet to hold a first close on the vehicle, which is backed by the likes of New York's TRS and Texas' ERS.
The second phase of the nine-mile subway extension has secured a total of $2.4bn to finance its construction.
Buyout firm Ciclad and the holdings of a French entrepreneur have also acquired the rights to run the port of Rouen, reportedly trumping a rival offer by Eiffage.
The JPMorgan-owned power producer has bought a collection of assets in Spain from Centerbridge, with an agreement to explore further deals alongside the US investment firm.
The country’s capital market watchdog is looking to pave a smoother path for domestic institutions to invest in the REIT and infra trust markets, which it says could grow to a combined $25bn in a year.
.jpg "Delta, Goldman receive approval for $4bn LGA project")
The US airline and bank will redevelop Terminals C and D at LaGuardia Airport, investing around $300m in equity and around $3.6bn of debt financing.
Walking in the footsteps of the $4bn LaGuardia modernisation project, the plan is to rebuild terminals and provide transit improvements that will increase efficiency at the US' fifth-largest hub.
Higher energy prices and lesser security threats will allow Sub-Saharan infrastructure construction to perk up in 2017, a report finds, with Nigeria singled out as a likely powerhouse.