The UK firm’s investment in a 2MW Scottish power scheme, its 12th renewables deal, is expected to generate 7GWh a year from 2015.
The flotation, set to be finalised in November, could provide the investment firm with further ammunition as it seeks to raise a planned $3bn green energy fund.
The energy-focused PE firm has committed to invest in Carrier Energy Partners, a private oil and gas company.
The fund manager, in partnership with construction group Eiffage, will provide maintenance and support services to the facility for a period of 25 years.
Infrastructure Investor’s Research & Analytics team analyses the geographical focus of infrastructure funds that have closed from Q1-Q3 in 2013. 26 funds have closed in the first three quarters, raising $19.7 billion.
There are good reasons for institutional investors to embrace the project construction phase. They may be getting the message.
The disposal comes a week after the New Zealand investment fund divested Glasgow Prestwick Airport to the Scottish government.
The listed fund’s investment in Barnsley BSF comes a few days after it rounded up its largest fundraising since inception.
An ‘interesting relative value play’ has emerged, especially in Latin American markets, according to Partners Group.
.jpg "Lakewood Midstream, Energy Spectrum acquire Itero")
The midstream company and private equity firm closed their acquisition of Itero Energy, a crude oil reclamation and recycling company, for an undisclosed amount.
The institution will team up with Chinese group BCEG and UK services firm Carillion to deliver the 5m sq ft development, which is expected to be completed within the next 15 years.
.jpg "RDIF in $237m telecom deal")
The deal comes as the state-backed Russian Direct Investment Fund believes growth in the Russian economy means it’s the right time to invest in the telecom sector.
While deal numbers were up from 10 to 13 during the period, efforts to deploy dry powder remain frustrated by the shortage of assets coming to market.
Seema Hingorani, head of public equities at NYCRS, has been named interim CIO, replacing Larry Schloss.
The energy fund manager has added five plants to its existing portfolio, taking its £130m listed vehicle to over 75% committed.