The deal by MEIF5 comes about two weeks after MEIF2 sold its interest in National Car Parks.
The New England Clean Power Link, submitted in response to the state’s clean energy RFP, would transmit power from Quebec.
The Vietnam-based firm is making its first move into the sector with a 129MW facility, despite industry doubts about the government’s draft PPA.
The acquisition of Hutchison’s fixed-line business is the first deal from the firm’s second global infra fund, which is targeting $5bn.
The British fund manager has bought a majority stake in Eteck, its second investment in the Netherlands.
Some LPs are concerned about managers traditionally active in the PPP/PFI space branching out into other areas of core infrastructure and renewables.
There is ongoing legal action against the Spanish government relating to the two projects sold to Cubico.
Vehicle plans to deploy its first capital, using seed money to invest across Southeast Asia.
The HK-based investors see the German company as an opportunity to gain a foothold in the European sub-metering market. But the deal comes at a time of increased government scrutiny on foreign acquisitions of critical infra.
The AMP-managed vehicle is eyeing an expansion into Europe through the acquisition of Irish broadband provider enet.
The H1 Fundraising Report is out now.
Proceeds from the Kauri issue will fund projects in emerging markets.
The UK firm is looking for co-investment partners with an infrastructure background to target derisked production assets in Australia and New Zealand.
The firm has raised €800m in co-investment capital alongside the vehicle, which had a €2bn target and is targeting a net IRR of 10%.
The pursuit of a 1GW portfolio is being seeded with over 200MW of assets as part of the recently closed Global Renewable Power II fund.