The US firm is planning to make its first step in Asian renewables through backing the $80m management buyout of Japan Wind Development.
The US buyout firm, which started marketing the fund in mid-2013 with a target of $1.5bn, has enlisted support from 160 investors.
Wendy Norris becomes head of infrastructure and timberland at the Australian sovereign wealth fund, following Raphael Arndt’s promotion to CIO.
The Spanish buyout firm expects to double its assets under management through the acquisition of five investment vehicles totalling €370m.
The decision to back I Squared’s maiden infra vehicle, which is on its way to meeting its $3bn hard cap, marks the pension fund’s second investment in the asset class.
Energy dominates both the global and emerging market space
The move comes after the UK defied US warnings against joining the platform by pledging to become a founding member last week.
The secondaries-focused effort, which includes a commingled strategy and separate accounts, is around twice the size of the firm’s 2009-vintage programme.
Macquarie’s infrastructure debt platform is providing three facilities to A Shade Greener, a residential housing and solar PV operator.
Borealis, AP3, Folksam and AP1 have agreed to buy the country’s second-largest power network, allowing the Finnish utility to post about €6.3bn in sales gain from the divestment of its distribution activities.
The Pennsylvania State Employees’ Retirement System total portfolio reported a net return of 6.4% in 2014, despite a ‘difficult’ second half of the year.
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Despite criticism of the move from the US, the UK has expressed its intention to be a founding member of the Asian Infrastructure Investment Bank.
The Australian fund manager has agreed to acquire ITR Concession Company, its second toll road investment in the Americas this year.
The Chinese sovereign wealth fund sees East Africa as one of the most attractive developing regions at a time of return compression in developed countries.
While the oil price drop has put pressure on renewable energy in developed markets, the story is different in emerging markets where demand is huge and growing.