A new survey by Mercer shows that asset managers in the alternatives space, including infrastructure, ‘are under pressure to negotiate fees’ as the '2 and 20' model gradually becomes '1.5 and 20'.
Separation between wholesale and retail price controls will go ahead, but Ofwat’s proposed ability to shift activities accounting for up to 40% of water firms’ total revenues outside of the current price control framework have been nixed.
They are taking notice of alternative infrastructure debt providers, as competition finally takes off.
A consortium of Enagas, Borealis, Antin Infrastructure Partners and Oman Oil Company said it will not present a binding offer for French oil company Total’s gas network on February 4. That leaves two consortia in the running.
The Amsterdam-based fund manager has acquired 11 solar PV plants capable of generating 22.6MWp. The deal was done from its third infrastructure fund, which has raised €463m.
Voting is thrillingly close for many of the categories in this year’s Infrastructure Investor Awards. But as we enter the last four days of voting, some wins may not be as straightforward as they once seemed.
New global infrastructure fundraising figures show the market has improved every year since the slump that followed the Global Financial Crisis in 2009. Last year’s figure was almost $3bn higher than the previous year at $23.5bn.
The Swedish fund manager has closed its second infrastructure fund, hitting its hard cap of €1.9bn. The fundraise attracted strong demand, with sources saying it could have raised €700m more than its €1.5bn target.
International Public Partnerships Limited raised an additional £40m yesterday from a tap issuance. The firm had set out to raise £30m but had the ability to increase this by an extra £10m if demand proved strong enough.
The French private equity firm is targeting a final close in mid-February of at least €1.3bn and perhaps in excess of €1.5bn, depending on final commitments.
International Public Partnerships Limited, the London-listed infrastructure investment firm, is today issuing ordinary shares in a £30m fundraising exercise that may be increased to as much as £40m.
Balfour Beatty Infrastructure Partners, the funds management business of UK developer Balfour Beatty, has reached a significant landlark for its debut fund which is thought to be aiming for between £500m and £750m.
The European Union-focused fund manager is part of a joint venture with Suez Environnement subsidiary SITA Polska which has been named preferred bidder for a landmark deal in the Polish city of Poznan.
The French fund manager has acquired a 55% stake in fibre optic network operator ADTiM from French companies ETDE, Axione and Eiffage. The deal was the last from InfraVia’s first infrastructure fund, with project financing from Credit Agricole.
The US private equity firm has agreed to make a common equity investment in China’s United Envirotech Limited. The latter operates a portfolio of waste water treatment plants across China.