The private equity firm shed the hydro assets it bought in a deal last year that also included gas and petroleum-fired power plants.
The A$2.6bn 1,700-bed PPP in NSW is backed by Serco, John Laing, John Holland and Macquarie Capital.
The NetLink NBN Trust, which runs a 76,000km fibre optic network across the island, is expected to provide an annual yield of around 5%.
The US endowment committed $50 million to infrastructure
The move brings the World Bank affiliate’s emerging market-focused infrastructure initiative to one-fifth to its $5bn fundraising target.
The company is considering selling its 10.3% stake which seeded 3i Infrastructure’s portfolio when it was set up in March 2007.
The move by the Worcestershire County Council Pension Fund, which knocked back an approach from I Squared, represents its first steps in boosting its infrastructure allocation.
Equipped with battery storage, the new facility will supply enough electricity to power a 40-hectare greenhouse.
The co-head of the firm’s infra debt strategy sees opportunities arising from the refinancing of brownfield assets and Australia’s growing renewables sector.
Our cities are increasingly challenged to accommodate rapid urbanisation and its impacts on land, resource use, city design and infrastructure quality. District energy systems are helping to solve these modern infrastructure problems, writes InstarAGF’s Gregory Smith.
The vehicle, which has a $1 billion target, counts LPs from the Netherlands, Norway, the UK and South Africa.
Launched this spring, India's first two infrastructure trusts have collected more than $1bn. We find out what's driving the appetite for them.
Financial ‘flexibility’ of the combined entity would be constrained, assuming the €16bn transaction is greenlit by regulators, Standard & Poor’s said.
The firm’s second renewable power vehicle has picked up investments from two US institutions this month, including $50m from the New Mexico State Investment Council.
Julien Gailleton joins the firm’s Paris office after spending seven years as a senior investment director at CDC Infrastructure.