A process to privatise around 75% of the GIB is expected to start in about three weeks.
The deal marks the first asset sold under Origin’s A$800m divestment programme as the energy group attempts to weather low oil prices.
The Australian rail and ports operator is now favouring a revised proposal from the Qube consortium despite being informed that Brookfield is willing to bring in two additional investors.
TransEd Partners has reached financial close on Valley Line LRT, the largest infrastructure project in the Canadian city’s history.
The investment was made through AIA Energy North America, the US infrastructure platform Argo launched last year with APG, CalSTRS and Crow Holdings.
The energy group is looking to raise capital from domestic institutions in a bid to develop at least 1GW of renewable generation.
Institutional investors are looking to latch themselves onto the bandwagon as the country’s infrastructure firms unveil aggressive strategies to expand abroad.
The French PE firm said the sale is part of its strategy to develop assets which it then sells to third-party investors.
The plant is the 23rd renewable energy project commissioned by the Singapore-based firm over the last three years, with 61 other facilities under development and construction.
Some assets previously acquired by the London-based firm may be used to seed the vehicle, which aims to back up to 12 projects.
DJ Gribbin has joined engineering group HDR as director of strategic consulting.
The state-owned utility company wants clean energy to generate 75% of its power by 2050.
The vehicle will be raised in three series targeting €700m each.
Gregor Paterson-Jones has moved on to sit on the investment committee of the European Fund for Strategic Investment and assume a number of advisory positions.
IPIF-Core has pledged A$30m to Hastings’ UTA following the Australian manager's A$10bn purchase of TransGrid last November.