The Chief Secretary to the UK Treasury David Gauke praised the work of the private equity industry in an address to LPs and GPs in London on Thursday.
The UK Green Investment Bank was joined by Investec, Siemens Bank and Crédit Agricole in providing debt for the £142m project.
The assets, valued at $285m, are part of the company’s plan to monetise its non-core businesses, including roads and power, and focus on other growth sectors.
Allianz will commit $500m to the emerging market platform with another $1bn potentially coming from Eastspring and AXA.
The Indian government has approved the airports development, two of which will be procured as PPPs, in Andhra Pradesh.
The pair have teamed up again to invest up to $100m in a company recently formed by First Wind’s former management team.
The loans will help the country carry out $1.4bn of rooftop solar and energy efficiency projects.
.jpg "CEFC, Commonwealth Bank bet on energy efficiency")
The A$100m programme seeks to encourage Australian businesses in the transport, agriculture and construction sectors to invest in energy efficient equipment and vehicles.
Recent people move
The asset manager has had a busy week, also agreeing to a $750m credit facility and an 80MW solar acquisition in Utah.
SL Capital and its joint venture partner Rock Rail secured debt contributions from six partners to purchase new trains for the East Anglia network.
With dry powder at an all-time high and investors increasingly worried about shrinking returns, sailing past fundraising targets is the easy bit.
.jpg "TPG, MBK to buy Hong Kong telecoms business for $1.22bn")
The two investors will acquire the entire equity interest in Wharf T&T, Hong Kong’s largest enterprise-focused telecoms service provider.
The Singapore SWF again partners with GSA to explore opportunities in Germany’s fragmented but growing student accommodation market.
United Wind has agreed with Tokyo’s electric utility to take its small-scale turbine leasing model to Japan.