Fitch sees production estimates as the sector’s main risk driver, with the projects it analysed underperforming initial expectations by 9.7 percent over the last eight years.
The French investor’s latest joint venture follows similar partnerships with the UAE, Qatar and Russia.
As their risk appetite grows, the banks are reassessing their engagement with infrastructure lending.
The government of Canada will invest, through its P3 Canada Fund, up to $66 million to the Saskatoon North Commuter Parkway Project.
The energy-focused PE firm and US utility PPL are teaming up to launch Talen Energy, which will be one of the largest independent power producers in the country.
.jpg "AMP expands UCITS offer to Asia")
The firm expects significant demand from Hong Kong and Singapore for the platform, which was set up in April with $156m under management.
Energy continues to be a dominant sector for infrastructure fundraising
The Denver-based midstream company has appointed Poe Reed president and chief executive officer, effective June 9.
The global private equity firm has led a group of individuals to invest up to $500m in Navitas Midstream Partners, a producer-focused midstream company.
The French manager’s latest vehicle, almost double the size of its predecessor, surpassed its initial target by €500m.
The London-based fund manager has committed £4.6m to a PPP project to build a new campus for Ayrshire College in Kilmanock, Scotland.
Oaktree Capital, the Los Angeles-headquartered alternative assets manager which has more than $86 billion under management, has entered a definitive agreement to acquire infrastructure fund manager Highstar Capital for an undisclosed sum.
%2080.jpg "Lack of benchmark hinders infra investment boost")
Allocations to the asset class will rise only if capital holders have access to reliable information on long-term performance, said the EDHEC-Risk Institute.
The passage of Ohio legislation is “another great step towards building a new Brent Spence Bridge”.
KPMG’s Singapore-based infrastructure team, which advises global investors on projects in the region, has hired banker Geoffrey Seeto.