.jpg "Actis’ Globeleq raises $70m for African projects")
The continent’s largest power company will use the financing provided by Standard Bank to grow its 1.2GW power asset base.
The emerging markets firm has already secured half of the shares being tendered by Cairo Medical Center, the first private sector hospital built in the country.
The oil-focused limited partnership will pay $154m for assets held by subsidiaries of its parent company, Valero Energy Corporation.
Antin’s €2 billion fundraise suggests strong investor belief in both the firm and in the European infra market
The Canadian pension will invest in the renewables producer alongside US insurer Liberty Mutual, which already owns a 16.5% stake in the business.
While most may resist change, Australia’s superannuation industry is actively seeking it through the Inverted Bid Model that would turn the existing P3 procurement process on its head.
The share issue, announced last Monday with a target of £50m, follows the completion of two transactions by the London-listed vehicle.
The purchase by Allianz’s €150m renewables fund is its third since December.
Global fundraising slumped in April and May, and surged back in June.
A Northwestern Mutual affiliate has acquired Starwood’s holding in the Neptune Regional Transmission System.
Williams Partners, a US pipeline operator, is set to gain control of the gas services business by acquiring GIP's remaining stake.
The investment management and advisory firm has recruited Elyza Daniel to lead its first forays in the asset class.
The deal is the first sealed by the French firm’s fund II, which reached a close last week on €2bn.
The closing, $500m above the vehicle’s original target, takes the capital earmarked by the firm for energy infrastructure deals to more than $4bn.
The closing, $500m above the vehicle’s original target, takes the capital earmarked by the firm for energy infrastructure deals to more than $4bn.