The UK-based specialist asset management firm’s fund receives support from LGPS investors.
A 50MW wind project sponsored by a North American PE-fund-turned-developer has reached financial close, bringing the country closer to its 1GW target by 2018.
In addition to the $150m commitment, the China-led multilateral has approved loans to support a road project in Georgia and a hydropower programme in Tajikistan.
The firm’s Asset Backed Income Fund is eyeing higher-yielding sectors as its traditional areas of investment see yield compression.
View the latest capital raises
The pair scooped the projects for their €467m wind fund in Russia’s latest renewables auction and may look to sell them on within the next five years.
Fitch reported growing momentum for infrastructure funding but said a dry powder build-up could result in a lack of attractive deal opportunities.
The Old Mutual subsidiary will use its latest vehicle to invest in the €125m facility, the first independent power project to feed into the West African country’s grid.
Renvico is eyeing a consolidation of its Europe-wide portfolio with the addition of both greenfield and brownfield investments.
The firm has backed an ex-Tata Communications executive eyeing data centres and digital media services in Latin America and Asia.
The US endowment committed $35 million to two infrastructure funds
View the latest capital raises
The UK firm is targeting a pipeline of deals including a 120MW ground-mounted project amid booming appetite for renewables Down Under.
In a guest post for Infrastructure Investor, World Bank Group CFO Joaquim Levy says multilaterals’ provision of hard-currency liquidity facilities could do much to catalyse private investment into emerging market infrastructure.
The benchmarks show the asset class’s resilience over the last decade and returns of nearly 15% for merchant infrastructure equity, the best performing segment in Europe.