The ‘pioneering’ listed vehicle has already secured commitments from nine Nigerian pension funds for its initial placing.
The vehicle is now the largest of its kind in the UK after securing a further £475m.
The US firm’s latest vehicle is expected to close shortly before the possible return of ArcLight, another energy-focused firm, to the fundraising market.
Australia’s top-performing super-fund’s unique demographic gives it the luxury of patience as it goes overweight on the asset class, head of infrastructure Jordan Kraiten explains.
The $6bn vehicle has attracted sovereign wealth capital and is looking to invest in clean energy and affordable housing.
Proceeds will be used to refinance a hydroelectric portfolio and build new assets from Brookfield Asset Management’s second infrastructure fund.
The operator of a 5,550km network has been rechristened amid plans to expand into other areas of transport infrastructure.
Park24 and Development Bank of Japan to acquire NCP, which fund bought for £790m 10 years ago.
Projects of up to 50MW will be funded by the firm’s €220m second Renewable Energy and Environmental Infrastructure Fund.
A Danish infrastructure fund and a Saudi contractor have expressed interest in UK offshore transmission projects, which are also being eyed by institutional debt providers.
The $1bn 500MW energy storage facility will be built by Chinese state-owned engineer Powerchina.
The existing LP will buy the fund from the Dutch manager, helping it return a net IRR of more than 10% to investors.
The Danish renewable energy fund remains on course to reach its €3bn target by the end of the year, with another close expected in September.
The investment bolsters its position in Latin America after deals in Colombia and Aruba.
The investment is part of a string of deals targeting assets that will service the North American oil and gas industry.