The World Bank yesterday launched its Global Infrastructure Facility, gathering leading infrastructure investors from around the world.
Four years after advising governments to rein in expenditure, the institution has joined a growing number of international organisations calling for an “infrastructure push”.
Mumbai-based fund manager IDFC Alternatives has raised $810m from third-party LPs for its Fund II.
Institutional investors are gearing up to counter climate change threats.
The recent revamp at Kinder Morgan is an isolated case, and does not indicate that the MLP structure may be obsolete, S&P said in a note.
The Merced County Employees Retirement Association has committed a total of $20 million to two infrastructure funds.
The global investment manager is setting up a new team dedicated to the asset class.
The Atlanta Transportation Improvement Plan has got the go-ahead for a public-private partnership model to complete funding for the project.
The purchase is the first wind project in the US for the global asset manager, following three others in the UK.
The investment bank, through its private equity arm, has acquired a 49% stake in French renewable energy company EDPR France for $208m.
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Stockholm-based Infranode has €160m in initial commitments and will target small and mid-cap Nordic deals.
A write-down on portfolio company Pacific Hydro is expected to bring down the value of the firm’s Australian Infrastructure Fund by 5%.
The Ohio pension fund has allocated $50m to Fortress Investment Group’s maiden infra fund which closed on $995m in August.
The Washington State Investment Board has committed $100m to a Prostar fund and will co-invest up to another $100m with a portfolio company.
The acquisition is being made through the partnership between KKR Natural Resources and Fleur de Lis Energy.