Three new institutions have joined the Greater Manchester Pension Fund and London Pensions Fund Authority to become members of GLIL, strengthening its standing as a 'serious investor' in infrastructure.
Ireland’s N17/N18 road project sealed a €398m refinancing mid-way through construction thanks to both banks and institutional lenders. We look at what made the deal a success.
The Danish pension fund, which reaped over €134m from the exit, said it could not turn down the offer made by a Japanese consortium.
The projects had reportedly attracted 16 prospective contenders in the process’ early stages but only two teams submitted a final offer.
Ares Management’s subsidiary has raised $621.8m for its fifth energy fund and sold the recently completed Pio Pico gas facility in California.
The Dutch firm, co-shareholder in the project alongside Hochtief and Johann Bunte Bauunternehmung, secured financing from a consortium of five banks.
The German firm will invest via its €350m second renewables vehicle in a transaction that values the pool of assets at €330m.
Greencoat Capital, the manager of London-listed Greencoat UK Wind, is targeting an additional 150MW over the next six months for its unlisted fund.
The private equity firm has invested in various infrastructure assets in recent years including cell towers, a natural gas export facility and a transmission line.
The state-owned company will run a facility in the south of Sri Lanka that the current government has described as not financially viable.
The country has passed a new, investor-friendly concession law in a week that also saw a local fund manager buy the right to run a flagship bridge.
The transaction, the firm’s second in the country, sees it invest in a solar park worth more than €120m that also includes co-located storage capabilities.
The US public pension has backed a unlisted equity fund.
The Paso de Agua Negra International Tunnel, whose tender is backed by IDB, could help boost trade between Argentina and Chile.
SDIC, the largest state-owned investment holding in China, will also purchase a minority stake in the 2,229km network.