The Oklahoma-based MLP will increase its NGL gathering system by 60% with the acquisition of NGL pipelines and related assets from Chevron affiliates for $800m.
A third of the UK’s largest port operator, which the two investors bought alongside Borealis and GIC for £2.8bn in 2006, is now on the block.
The China-backed Asian Infrastructure Investment Bank has been officially launched with $50bn in initial capital and 21 Asian and Middle Eastern signatories.
The pledge to invest in KKR’s second infrastructure vehicle, Global Infrastructure Investors II, marks the pension fund’s first allocation to the asset class.
US Vice President Joe Biden called for an increase in infrastructure spending in the world’s largest economy during a speech in Washington DC.
The Islamic lender’s commitment, which brings its total contribution to the Egyptian project to $457m, is part of an $814m financing package approved last week.
Williams Cos. is making its transition to a pure-play GP holding company with the $50bn merger of its MLP Williams Partners and Access Midstream Partners.
The London-based fund manager’s Infracapital Partners II vehicle has raised over £1bn, plus £300m in co-investment pledges.
Listed renewable energy fund manager Greencoat UK Wind collected 25% more than its £100m target.
TRE Solar will pay more than €100m to buy Agritre, a company that will build a 25.2MW biomass power plant in Italy.
KKR has stressed that its infra and energy funds are not significantly affected by recent market volatility and steep oil prices falls.
Britain’s energy sector alone will receive £43.5bn by 2025, according to a survey from Pinsent Masons and the CEBR.
Plenary Walsh Keystone Partners has been selected as preferred bidder for Pennsylvania’s $899m Rapid Bridge Replacement project.
The Australian firm is on track to raise at least €500m for Series Five of its European Diversified Infrastructure Fund, which would bring the vehicle’s total size above its original target of €1.5bn.
Institutional investors will increasingly turn to alternatives as they seek to boost returns and reduce risk, an AMP Capital survey finds.