The state-owned power company continues its partnership with Portugal’s EDP Renováveis which has seen it invest in over 3GW of European wind projects.
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The €10m funding will supply only a small portion of the money needed to build the 1.4GW interconnector, on which a final investment decision is expected in 2019.
The lender’s updated measure of Asia’s infrastructure gap is more than double the $750bn annual shortfall it had estimated eight years ago.
Sydney-based ICG has bought a 107MW wind farm in Victoria but warns of potential difficulties ahead for long-term investors.
The pair have acquired sPower, a Fir Tree Partners subsidiary that has grown in recent years into the US's largest utility-scale solar builder.
The deal is the second in the sector supported by the monoline insurer in recent months as it increases its support for student accommodation.
The acquisition, backed by a £55m revolving credit facility, is the fund’s second-largest in the UK to date.
Allocation to infrastructure increased to 17 % in 2016 as the Canadian pension’s total net asset topped C$85bn.
Ding Xuedong, who set up the Chinese sovereign wealth fund’s direct investment unit in 2015, has left his post after close to four years with CIC.
The World Bank affiliate is considering another investment in the sector shortly after the country confirmed its 40GW solar target by 2022.
The tie-up comes as India’s government and central bank are stepping up efforts to solve the country’s bad-debt problem.
Edward Beckley will work across the firm’s existing funds to source infrastructure investments globally.
The pair have sold their respective stakes in Sweden’s Värmevärden following their initial investment in 2011.
After setting a record low for Africa in a previous tender last year, the country is preparing to auction projects as part of a mandate it has granted to a World Bank unit.
The placing will be used to fund investments over the coming months as well as pay for the firm’s first deal in the US agreed last year.