.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.
KKR has bought Calvin Capital from Infracapital, which has owned it since 2007 and helped put in place £1bn in funding for it only a year ago.
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.
The infrastructure nonprofit group has created a platform that allows governments and investors to communicate about financing infrastructure projects.
In the opening address of Infrastructure Investor’s LP Summit, Patrick Foye acknowledged that the procuring agency used to be “too swollen” but that a streamlining programme was under way.
Adebayo ‘Bayo’ Ogunlesi’s role as GIP chairman and managing partner will provide the 16-member advisory council with knowledge of private-sector infrastructure investment.
Chinese investor Envision Energy has swooped for the French wind assets of developer Velocita as well as its operational team.
The merger is taking place at a time when ‘institutional investors’ interest in renewable energy is increasing significantly’, Aquila said.
The Hong Kong investor has the listed energy firm in its sights four months after its attempt to buy Ausgrid was blocked on national security concerns.
The asset manager has invested alongside Group Five in four road concessions in Poland and Hungary and is eyeing further projects to invest in.
The pipeline includes planned mega investments such as Thames Tideway, Hinkley and the recently announced £23bn National Productivity Investment Fund.
The state government says decision will help allay security concerns, but opposition Labor party, which may take power next March, opposes state grid privatisation.
The platform will provide equity and debt financing to help export Japanese infrastructure industry.