The projects, all located in Norway, produce about 70GWh of power per year and add to the company’s growing presence in the Nordics.
LPs ‘love to focus on it’, but uncompeted deal processes do not lead to better returns, say dealmakers.
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Seeded by the IFC with $325m, the fund targeting institutional investors is looking to be fully invested in emerging markets within seven years.
With only two wind turbines standing off the coast of the North Asian island, Taiwan seems to be attracting more private investment than other markets in the region.
Pamplona Capital’s sale of Beacon Rail comes just under three years after the UK company paid $450m to acquire the firm.
The firm has already invested more than a third of the money collected for EDIF II, which has a €2bn target.
The Australian manager has committed to investing £3bn through the UK Green Investment Bank over the next three years, with around £230m of assets expected to be sold.
Samsung Life committed $250m to the vehicle, which is also backed by three other Korean institutions.
The Australian firm follows Macquarie and State Super in divesting from the utility, although it will retain a 5.3% ownership.
The Singapore-based renewables firm has hired banks to conduct a ‘strategic review’ of the pool of 102 assets in a bid to garner additional resources for growth.
KWAP, which sees the sector as a private equity play, has a 10% allocation to alternatives.
The Australian firm is currently raising MIP IV, which it launched last year with a reported target of $4bn to 5bn.
The news comes three months after the UK firm closed its mid-market fund on £400m.
The three shortlisted consortia have summited final offers to build a 9km tunnel and five stations for the $8.2bn mega-project.