Having initially blocked the utility's $4.7bn sale, the state’s regulator has approved the takeover after the MIRA-led group of bidders further improved its commitments.
A group comprising Mitsubishi, Hitachi and Sumitomo will build the Red Line elevated system, which will be partly financed by Thailand’s Future Fund.
The Swedish manager has bought into local biomass district heating company Vasa Varme.
The milestone was achieved after the purchase of three Finnish wind farms from Impax Asset Management.
The Canadian pension fund has tapped Alonso García-Tamés as managing director of its Mexican unit and Latin America chief.
HB 7027 is good news for unsolicited proposals but requiring P3s to go through the State Bond Authority could slow down the process considerably.
The 1.2GW project is billed as the largest investment in northern Scotland’s power network since the region’s hydro programme in the 1950s.
The pledge comes as the Toronto-based fund manager prepares to hold a first close on its third infrastructure vehicle.
The all-cash transaction will also see the US firm pay down €145m of junior debt.
Following founder and CIO Graham Matthews’ recent move to London, the Aussie asset manager plans to expand the business from 10 to 15 separate accounts.
The US public pension fund will be making the acquisition through Gulf Power Pacific, a Harbert-managed vehicle backed by CalPERS.
Renewables slipped behind energy in terms of value, but still led by volume.
.jpg "LaGuardia project to reach commercial close in April")
The Port Authority board authorized $2.9bn for the LaGuardia redevelopment project, during a meeting that was both lengthy and episodic.
The New-York based firm has also secured A$1bn for co-investments alongside the vehicle, which it launched last year after strengthening its team Down Under.
The endowment’s second real assets investment in as many months brings the fund closer to its $1.5bn target.