_(2)%2080.jpg "Prudential exec to head GIIA board")
The global infrastructure association that was launched three months ago has established a 25-member board that will be chaired by Prudential’s Matthew Farnum-Schneider.
The country has awarded the CALAX project ahead of schedule and promised to deliver on its $2.4bn airport auction programme as it gears up for presidential elections next year.
Renewable energy fund manager Quercus Assets Selection is targeting a minimum of €150m to build a 300MW portfolio of wind farms.
Wendy Norris, the Australian sovereign’s new head of infrastructure, continues to see a strong role for managers within the institution’s strategy.
The partial lease of New South Wales’ electricity network will go ahead after enabling legislation squeaked through Parliament on a 19 to 17 vote.
The lender has helped Exeltium, a “virtual” power plant, secure a €1bn bank tranche and €435m from nine institutional investors.
The move comes as the Singaporean sovereign wealth fund considers restructuring itself to deploy more capital in the building of sustainable cities.
Saskatchewan has named a preferred bidder for the Regina Bypass, the first transportation project to be procured as a P3 in the Canadian province.
The Canadian firm has teamed up with KB Asset Management to raise a $180m vehicle that will invest in North American infrastructure on behalf of South Korean institutional investors.
The German asset manager, which has bought a solar park near Bristol, has described the UK as one of the strongest growing markets for photovoltaic energy.
While at home India’s central bank dictates corporate debt spreads across the institutional investor spectrum, Modi’s government looks abroad to encourage funding for the country's highway construction programme.
Valerie Mertz, the sovereign fund's CFO, will serve as acting executive director for 30 days after Mike Burns announced his retirement due to health concerns.
The liquidity will be channelled into projects in areas including logistics and connectivity, power generation, telecoms, urban development and trade finance.
The £45 million deal is the second airport financing which debt platform MIDIS has invested in this year.
While at home India’s Central Bank dictates corporate debt spread across the institutional investor spectrum, Modi’s government looks abroad for foreign Exim bank-private EPC funding.