The New York-based fund manager will pay $2.67bn for a 50% interest in the oil and gas company’s midstream assets in North Dakota’s Bakken Shale.
Lamido Sanusi, who last year became Emir of one Nigeria’s most influential Muslim authorities, will join the African-focused developer as chairman.
Malaysia’s northeastern states of Terrenganu and Kelantan are looking to expand onshore and offshore supply platforms in a bid to meet growing energy demand.
The $500m bond, which will mature in December 2018, offers bondholders a 2.2% annual interest rate.
While the US' WRRDA 2014 is deemed a "transformative" piece of legislation, one year after its enactment implementation guidance from the Corps of Engineers has been found disappointing.
Asia, Eastern Europe and Africa have missed out on last year's rebound in private sector spending, according to the World Bank.
Eugene Zhuchenko brings more than a decade of infrastructure experience to the Long-Term Infrastructure Investors Association, having also worked for Dubai Ports World and APM Terminals.
The Center for Alternative Finance and Procurement will evaluate proposals and advise public entities on P3 best practices.
Mukund Sapre, executive director of IL&FS’s transportation networks unit, shares his views on recent reforms aimed at unlocking private funding towards new road infrastructure.
Sponsors of the £1bn scheme, in which Prudential and InfraRed are equity investors, are now waiting to see if it will be offered subsidies by the UK government.
The pension fund expects to increase the number of external managers for its infrastructure and forestland portfolios from six to 10 over the next five years.
The energy infrastructure investment firm has already deployed most of the capital committed to Fund II, which reached its final close above its $100m target.
The last section of the E18 will be built thanks to financing from the EIB, the Nordic Investment Bank and Pohjola Bank.
Deal scarcity and greater appetite for emerging markets is pushing sovereign investors worldwide to seek tie-ups with peers.
The institution is ramping up efforts to address crippling power shortages in the country through the funding of a new 102MW hydropower project south-east of Islamabad.