The Sydney-based developer intends to delist UGL after acquiring the 86% it does not already own in the business.
The firm says its Community Infrastructure Fund is starting to attract interest from global investors, having welcomed its first overseas LP earlier this year.
Brookfield’s third fund broke an industry record for size. Infrastructure head Sam Pollock, renewable energy CEO Sachin Shah and managing partner Justin Beber tell Joel Kranc how Brookfield built up to this point and what’s next.
The developer’s latest acquisitions were made through its €250m debut wind fund, bringing its total assets under management to 142MW.
The Chief Secretary to the UK Treasury David Gauke praised the work of the private equity industry in an address to LPs and GPs in London on Thursday.
Allianz will commit $500m to the emerging market platform with another $1bn potentially coming from Eastspring and AXA.
Aream and Greentale Capital, stocked full of ex-Quercus staff, are looking to raise ‘substantial’ amounts from institutional investors to create an industrial-scale renewable energy platform.
The loans will help the country carry out $1.4bn of rooftop solar and energy efficiency projects.
The asset manager has had a busy week, also agreeing to a $750m credit facility and an 80MW solar acquisition in Utah.
The fund, which has already invested over €115m, secured a €100m investment from a Dutch pension fund as part of the final closing.
With dry powder at an all-time high and investors increasingly worried about shrinking returns, sailing past fundraising targets is the easy bit.
.jpg "TPG, MBK to buy Hong Kong telecoms business for $1.22bn")
The two investors will acquire the entire equity interest in Wharf T&T, Hong Kong’s largest enterprise-focused telecoms service provider.
The Singapore SWF again partners with GSA to explore opportunities in Germany’s fragmented but growing student accommodation market.
The EIB is among the investors in the fund.
.jpg?id=12885372379 "IFM adds energy and infra expert to US debt team")
Matthew Wade, a former Royal Bank of Canada director, is the latest addition to IFM Investors’ North American team after hiring two directors earlier this month.