The infrastructure trust, first of its kind by a grid company, will have up to 75% available for allocation to institutional investors.
MIRA has been joined by six other investors including China Investment Corporation, with questions remaining about the UK government’s policy on foreign investment in critical infrastructure.
The French firm has financed its second solar project in Senegal via its Africa fund with debt financing from Proparco and BIO.
High-profile ‘nos’ to Chinese capital have culminated in a grid sale proposal that completely excludes foreign capital. Are Australian assets the exclusive preserve of Australian investors from now on?
The sector could be on the cusp of a private capital bonanza should revenue models firm up and costs continue to come down, champions of the technology said today.
.jpg "LP Forum: US states seeking inspiration from ‘cool’ Canada")
Notwithstanding stronger federal support for American P3s, Canada continues to provide a ‘big bright ray of light’ on how to put infrastructure projects on track, delegates heard in New York.
The firm’s infrastructure division has made a €488m swoop for Delta Comfort, a telecoms infrastructure provider, while also investing in German firm GETEC.
The new director, with utility sector experience, has joined the firm’s global unlisted infrastructure investments team.
The Manila-based multilateral lender has recently approved loans and grants totalling $740m for two Central Asian countries to improve their energy supply and efficiency.
Chinese investor Envision Energy has swooped for the French wind assets of developer Velocita as well as its operational team.
The state government says decision will help allay security concerns, but opposition Labor party, which may take power next March, opposes state grid privatisation.
InfraRed Infrastructure Fund III has committed $970m of equity after its 13th investment in a Colombia road modernisation.
The partners will mostly target brownfield ports in emerging and some OECD markets, with the ports of Prince Rupert and Vancouver as their first buys.
Fund managers and auditors expect EU regulators to follow US lead and begin overseeing fund valuation processes.
The pension platform is set to make the first equity investment from its Multi-Strategy Infrastructure Fund following a tie-up with Golden Square Energy.