The vehicle has received a €50m commitment from Pro PTB and will focus on improving energy efficiency for small-scale commercial projects.
The London-based infrastructure firm has been busy expanding its clean energy portfolio, sealing its first offshore wind deal last month.
The fund manager has teamed up with EDF and developer Edison to create Italy’s second largest wind operator.
While a majority of the capital is expected to come from China, the Brazilian government is also hoping to raise money from private investors.
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The Australian fund manager suspended fundraising for its €1.5bn core European vehicle, releasing the €250m raised back to investors.
Recent fund commitment
The Singapore-based JV will initially focus on the healthcare sector in the Asia-Pacific region, including Japan and Australia.
Global Infrastructure Partners will likely close its third fund on between $15bn and $16bn, in what will become infrastructure's largest ever fundraise.
The looming conclusion of GIB’s privatisation process is expected to see the government sell off its entire stake, bar a single ‘golden’ share, for about £2bn.
The $275bn asset manager is looking to add two members to its global infrastructure debt team to start originating deals Down Under.
Set up by the Australian government in July, the vehicle is currently reviewing 14 projects with a total investment value of more than $7.5bn.
With the 300MW Tees REP struggling to get off the ground, Macquarie Capital stepped in to clinch an innovative financial close. We zoom in on how they did it.
The sovereign wealth fund will pay €495m for the stake, valuing the Spanish developer’s third-largest unit at €3.7bn.
The acquisition, which the firm will make via its Global Infrastructure Fund, will see it take over a portfolio spanning six Central and Latin American countries.
The $100m acquisition is expected to be transferred to the to-be-launched overseas infrastructure fund which will focus on mature assets in Europe.