An investor group led by PE firm Advent International will acquire a 22% stake in Ocensa, Colombia’s largest oil pipeline.
The toll road business, for which the Australian asset manager paid more than $3bn in 2011, could have a new owner by April next year.
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The French fund manager’s acquisition comes less than a day after Borealis and First State bought the country’s largest power distribution network for €2.55bn.
Fortum, the country’s largest utility, is now looking to sell its Swedish and Norwegian distribution units.
NET Midstream, backed by an affiliate of ArcLight Capital, has closed a $665m project financing for the construction of a natural gas pipeline system in Texas.
The transaction follows the UK firm’s investment in a 72MW plant last May.
Macquarie Infrastructure and Real Assets is leading a consortium to acquire the Severn power station from DONG Energy.
Partnerships between energy firms and institutional investors are marriages of convenience.
The deal will see the AXA spin-off become a shareholder in the Italian firm’s management company, just days after the duo jointly invested in the country’s second-largest gas utility.
The US infra investment firm has acquired a majority stake in the San Antonio midstream energy company for an undisclosed amount.
The investment manager will acquire a majority stake in a 68MW wind farm in Texas being developed by OwnEnergy.
The firm’s ACEI division, currently on the road to raise $1bn, aims to deploy up to $800m on the African continent over the next four years.
Fresh commitments by USS, PGGM and OPTrust add to the €400m the FCC-Bankia joint venture had previously raised in 2011.
As managing director, Ronnie Hawkins will lead EIG’s international investment activities.
The fund, the original target for which was $750m, is already half invested.