The Spanish developer will hunt for construction projects in America ex-Mexico.
The M&G Investments infrastructure arm is to acquire utility company GGE from the Grafobal Group conglomerate.
Only $168m has been allocated to Maryland's Purple Line, requiring a streamlined version of the light rail project already in procurement.
Spainโs Bankia and FCC are set to sell the infrastructure business, which concluded a โฌ750m fundraising round in 2013, for up to โฌ420m.
The Canadian asset manager, which raised the worldโs second-largest infrastructure fund, is in talks with the Australian ports operator.
The UK pension platform has topped the ยฃ630m it has already raised for its two first funds with a large co-investment.
The US pension has made a chunky investment in infrastructure despite having not found the asset class โcomparatively attractiveโ in the past.
The four projects are part of a programme to build 12 industry-scale solar parks that has been followed closely by institutional investors.
The Canadian pension will acquire the outstanding shares from ARC Financial and minority shareholders, eight months after the company raised fresh equity.
The EBRD-assisted financing of a new โฌ1bn hospital is further evidence of the countryโs ambitious infrastructure programme.
The plant, one of three projects auctioned off last September, will have a capacity of 240MW upon completion.
Liam Stewart will be replacing Todd Weintraub, who is to leave the firm at the end of the year.
The government could sell an up to 70% stake in the Green Investment Bank, netting some ยฃ1.4bn.
The $7.2bn motorway scheme stands out thanks to its phased approach to project financing, hefty budgeted cost and technical complexity.
The eight remaining legs of the 105.5km-long highway yet to be built are expected to offer sizeable investment opportunities.











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