The $1bn corporate pension sees infrastructure debt as a fixed income product.
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The Canadian institution has teamed up with regular partner Innergex to buy three projects with a capacity of 119.5MW from a subsidiary of Riverstone.
The UK pension becomes the rural broadband provider’s latest investor alongside existing backers Infracapital and Woodford Investment Management.
Adebayo Ogunlesi sat down with us at our Berlin Global Summit to talk about GIP III’s record fundraise, the firm’s operational focus, its one significant misstep and why everything it owns is for sale.
The partnership will see the Gulf-based port operator invest a further $1bn in the country’s infrastructure as it expands its $1.2bn Indian portfolio.
Following last month's hire of Gordon Bajnai, the former Prime Minister of Hungary, the firm has recruited a veteran of Canada's third-largest public pension plan.
The Dutch pension manager says investing in the US’s largest rooftop solar provider will give it access to a 275MW portfolio and put it in ‘virtual contact’ with 38,000 households.
The listed debt fund could seek to garner a further £210m through a placing programme.
Despite the process being part suspended, the regional government of Murcia has gone ahead with the tender, shortlisting Aena, Edeis and Corporación América.
Revenue stream visibility is a key issue for battery storage projects. We look at Macquarie Capital’s recent financing of 50MW of batteries in California to find out what it says about the nascent asset class.
At the Milken Institute Global Conference, Brookfield’s Bruce Flatt and Carlyle’s David Rubenstein said US infrastructure will hold desirable investments for the next decade.
The $128bn pension manager said the greater adoption of the direct investment model globally is making the market much more competitive.
The deal ensures the company becomes one of the largest solar PV owners in the country following a deal with Riverstone and bankrupt developer SunEdison.
Infracapital and Morgan Stanley’s sale of Affinity Water is the latest in a series of transactions in the UK water sector in recent months.