Looking back at the historic data around UK water asset purchases shows a significant upward trajectory when it comes to premiums paid.
The return profile of the UK water sector is effectively being re-written.
.jpg "One day later, Severn Trent rejects takeover")
The UK utility said a conditional proposal from Borealis, the Kuwait Investment Authority and USS ‘completely fails to recognise the existing and potential value of Severn Trent’.
Armstrong Asset Management has added $20m from the IFC since its Armstrong South East Asia Clean Energy Fund reached a $65m first close. It is aiming for $150m.
A research paper from JP Morgan is anticipating an inflection point for the asset class.
John McCarthy headed RREEF Infrastructure since 2005. He left earlier this year.
The private equity and infrastructure fund manager will use its 91% stake in IP-Only to expand into the Swedish fiber network market through organic growth and add-on acquisitions.
.jpg "Investors eye £5.3bn takeover of UK water firm")
A consortium of Borealis, the Kuwait Investment Authority, and Universities Superannuation Scheme has until June 11 to submit a firm offer for Severn Trent.
The London-listed infrastructure investment business will focus its efforts on Europe from now on as its India portfolio continues to disappoint.
We take a look at the Pensions Infrastructure Platform’s founding members.
Sources have confirmed that fund managers Infracapital and Citi Infrastructure Investors are considering divestments of 13% and 17% respectively in the UK water company.
As it embarks on a new fundraising, Morgan Stanley Infrastructure has abandoned joint stewardship by three co-heads. One of the three - Anne Valentine Andrews - is leaving the firm.
Confusion continues to be the hallmark of the UK’s £2bn Pensions Infrastructure Platform.
The €1.1bn sale price will generate ‘no significant extraordinary earnings’ for Hochtief’s shareholders.
The Pensions Infrastructure Platform, which has raised £1bn in soft commitments from UK pension funds, is launching a process to identify a possible manager.