The team has picked up the UK's second-largest regulated water-only company, serving some 3.5m people. The sale attracted attention from AXA Private Equity, Goldman Sachs, USS and iCON Infrastructure, to name a few.
The publicly listed Austrian developer’s current chief executive, Hans Peter Haselsteiner, at the end of last week announced his intention to resign – probably in June 2014 – and designated Thomas Birtel, who has been with the firm since 1996, as his successor.
The £2bn Pensions Infrastructure Platform is shaping up to be the UK’s answer to Australia’s Industry Funds Management.
The £11bn Strathclyde Pension Fund has become one of the founding investors of the £2bn Pensions Infrastructure Platform. IFM is being used as the model for the new scheme.
Aviva Special PFI LP, a fund managed by Aviva Investors, picked up a €200m portfolio of UK project finance loans from the Irish lender for 81% of its value.
The London-listed fund manager has raised £20m more than it was expecting from its most recent placement. The funds will be used primarily to fund three new investments.
René Kassis is heading a team of four at La Banque Postale’s asset management division working on a new infrastructure and real estate senior debt fund. The fund will target primary and secondary deals across Europe and is expected to reach a first close by the fall.
The private equity outfit has reached a first close on more than €200m after three years on the fundraising trail. CVC is currently teamed with Goldman Sachs and USS in the race to acquire Veolia's UK water assets.
Convergence Partners’ Africa-focused Communications Infrastructure Fund has received a welcome boost from the International Finance Corporation ahead of a planned first closing later this year. Ultimately, the fund is aiming to raise $500m.
The oversubscribed refinancing involved 17 ‘existing and new relationship banks’ from the UK, Continental Europe, the US, Canada and Australia. The new debt facilities have a five-year tenor and carry margins of between 150bps and 225bps.
The French private equity firm is on track to raise €1.5bn for its third infrastructure fund. The close is dependent on the spinning-out of AXA Private Equity, which may be announced by the end of July.
Prime Renewables will target solar PV and onshore wind across Europe with the aim of generating 400MW of power. The vehicle will be open to institutional investors through 25-year profit-participation notes.
The AMP Capital Asian Giants Infrastructure Fund, which has $161m in capital, has acquired a minority stake in Indian clean energy business Shalivahana Green Energy through an investment of almost $29m.
This year’s Infrastructure Investor 30 ranking shows there is less money to invest in the asset class among the 30 largest infrastructure investors.
We explain how we put together the II 30