Investors could reap the benefits from an infrastructure boom in the Gulf – provided local governments get their act together.
The energy-focused private equity firm has acquired an 865MW power plant in Texas from GIP and Fortistar for an undisclosed amount.
The deals mark an active start to the year for the firm, which also acquired incremental stakes in three existing investments and disposed of interests in two projects this week.
Royal London Group has confirmed it is in discussion with the UK’s National Association of Pension Funds over joining its £2bn infrastructure vehicle.
Global/multi-regional funds gathered half of the capital
The French manager has bought a stake in the country's largest independent gas distribution company, just a few weeks after snapping up a local electricity network in Finland.
The last quarter of 2013, which also saw the number of large transactions dwindle by 38%, is the slowest since Q1 2012.
The asset manager has already invested 86% of its renewables vehicle, which targets small and medium-sized wind farms in the UK.
Maryland’s DOT has selected four out of six teams to compete in the next stage of the $2.2bn light rail P3 project.
The CHF350m issue, the EIB’s first CAB transaction of 2014, comes after a record year for issuance of the green instrument.
The pledge brings the total capital raised by the Italian firm’s second fund to €740m.
The transaction is the Australian fund manager’s first debt investment in the North American power sector.
The proceeds will be used by the two facilities, which have a combined capacity of 50MW, to refinance some of their construction costs.
More than half the $32.6bn collected in 2013 went to funds with a global mandate, with four firms raising in excess of $1bn.
Unlisted infrastructure funds raised $32.6 billion in 2013