The 57MWp portfolio will add to the 113MWp capacity the Hamburg-based firm’s photovoltaic investments already represent in the country.
An attempt to attract more private investment into infrastructure projects will take effect at the beginning of next week.
$50 billion infrastructure deals reached financial close in Q1 2015
The Russian market remains a tricky one to enter for institutional investors but some place their faith in the long-term prize.
Sydney-based listed infrastructure firm Spark Infrastructure has declared its hand in the race for electricity assets, which is tipped to exceed price expectations.
The listed infrastructure trust, now Singapore’s largest, is expected to reach $3bn in assets under management after completing the acquisition of a 1.3GW power plant later this year.
The liquidity will be used to fund local projects in sectors including energy, health, education and the maritime economy.
The investment is part of a joint venture with utility E.ON for the construction of the 400MW Rampion farm off England’s south coast.
The move, which represents the Californian pension’s first Asia-Pacific infrastructure commitment, comes as QIC pursues efforts to raise a global infrastructure fund.
The Russian Direct Investment Fund and Russia’s biggest power distribution company have teamed up to roll out smart grid technology in the country.
The Pembani Remgro Infrastructure Fund will also receive an additional commitment of up to $100m from the Overseas Private Investment Corporation.
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The UK asset manager, which recently teamed up with Canadian institutions to invest in two high-profile assets, has enlisted strong support from corporate and local government pensions.
The Vietnam-focused asset manager first invested in Tam Long Power Joint Stock Company, which is constructing the 29MW Hoa Phu hydropower project, in June 2012.
Banks will take an increasingly back-seat role in infrastructure investment as their role gradually evolves from being agents rather than owners of assets, S&P says.
The Dutch firm has acquired a 10MW plant in Ontario from developer Canadian Solar, leaving just one asset to be bought as part of their joint sale and purchase agreement.