This is the second infrastructure mandate awarded by the world’s largest pension, as it plans to spend more on alternative assets.
The industrial conglomerate is also planning to sell a number of ‘peripheral utilities assets’ for $380m, while looking to nearly double its renewables portfolio worldwide to 4GW by 2022.
The New Zealand fund manager beat IFM, winning the right to manage one of the oldest and largest infrastructure funds in Australia.
The Japanese bank has noted increased demand from high-net-worth players as they seek ‘growth, not just yield’ across the region.
The firm has teamed with R/GA on an initiative to boost companies offering innovative products in the transport, energy and utility space.
Treasurer Scott Morrison says all future applications will 'attract conditions' as the government moves to strengthen its control over deals for critical infrastructure.
A survey of over 200 infrastructure industry representatives by EDHECInfra shows what information they are seeking to make better informed investment decisions.
As one of the world’s fastest-growing markets in the sector, the country expects to beat the 2020 deadline for its 175GW national renewables target.
The sovereign infrastructure fund has teamed up with DP World to co-invest $3bn in the country’s logistics and transport assets.
A survey by the asset manager shows institutional investors intend to reallocate to private markets, with interest in active management strategies to help mitigate market risks.
The firm’s 2018 outlook warns that competition for investments has driven down returns and made brownfield projects less attractive.
Sumitomo Mitsui Asset Management will act as the ‘gatekeeper’ to conduct due diligence on the fund of funds manager.
The new entity will be headed by Shivanand Nimbargi and PJ Nayak to develop wind and solar projects across the region.
The target requires installation of 47.2GW of new renewable generation and $103bn of investment in the renewable energy sector.
The pension will work with the fund manager to deploy capital across the country with a long-term view.