Fundraising

The Munich-based renewables investment group has acquired two plants with a generating capacity of 41MW in the Visayas region.

The two UK pensions have launched a joint asset-liability management platform to generate cost savings and gain the scale needed to compete for large illiquid assets.

Ferrovial is reportedly jostling with Asian sovereign wealth funds in a process that could see the concessions business sold for about €600m.

Japan’s Mizuho Bank is establishing an infrastructure fund of up to $200m, with Mizuho itself contributing $125m of the total.

A new study has found that the issue of who should pay for infrastructure facilities is more significant than obtaining financing.

After months of debate, the San Diego County Employees Retirement Association appears poised to terminate its contract with its outsourced CIO.

A joint venture between Macquarie and Kuwait’s Wren House has bought the German utility’s Iberian businesses, with the Australian fund manager set to own a majority stake in the assets.

The Russian Direct Investment Fund has formed an agreement to invest in Russian public-private partnerships with Turkey’s Renaissance Holding.

The firm has raised a total of £979m for its inflation-linked infra debt strategy and is aiming for £1.25bn by Q2 2015.

The London-listed infrastructure investment firm is attempting to buy the public-private partnership portfolio of developer Balfour Beatty.

Freeport LNG has secured around $11bn in debt and equity, exceeding the cost estimated for the liquefaction project of $9.64bn.

A new vehicle, to be funded with €16bn from the EU budget and €5bn from the EIB, will look to invest in sectors including broadband, energy and transport.

Contenders for the Philippines’ $790m CALAX Expressway PPP are waiting on the implementing agency’s decision regarding the parameters of a re-bid.

There is a broad consensus among all main political parties in the UK about the need to invest more in infrastructure. With fiscal pressures likely to constrain the government's ability to finance new projects, Michael Wilkins, managing director, and Aurélie Hariton-Fardad, director, infrastructure finance ratings, Standard & Poor’s Ratings Services, discuss how private investors could step in to fill the void.

The InfraRed-managed vehicle has 29 portfolio investments in total following its purchase of an Irish wind farm.