MEIF5 is seeking to help Inlandsbanan modernise a railway in part over 100 years old, a deal that would represent Macquarie’s second Swedish rail investment after exiting Arlanda in 2014.
The fund has a broad mandate, investing globally across corporates, real estate and infrastructure.
The French firm eyes further deals in the country through a partnership with a local operator and a developer.
The investment management division of TIAA argued the infrastructure asset class is providing opportunities for institutions to create formal investment strategies.
A Macquarie-led consortium has bought the UK’s Green Investment Bank, prompting questions about the bank’s future role in financing the country’s green economy and its original mission as a catalyst of new technologies.
The state’s energy infrastructure programme will include a $112m investment in a new transmission line to unlock 2GW of renewable energy projects in the north.
The clean energy financier is more than doubling its commitment to a NAB programme providing discounted loans to buyers of clean energy equipment.
The firm expects to reach first close by year-end with the European Investment Bank among the LPs.
BlackRock will focus on deploying the remainder of First Reserve’s Fund II before eyeing the launch of a new vehicle next year.
Financed by an Assured Guaranty-wrapped bond, the transaction is the latest in a market expected to hit £5.3bn this year.
‘Challenging execution’ at a time of heightened competition is pushing sovereigns towards real estate rather than infrastructure, a survey finds.
LNG project developer Cheniere has also applied for federal authorisation for its planned 200-mile gas pipeline.
The firm’s final divestment from India’s third-largest hub follows on its previous sale of a 33% stake to a Toronto-listed company in March.
Leading pensions and insurers have made their views known in stark terms after the US president’s decision to ‘get out’ of the Paris agreement.
The company has increased its bet on Sweden, one of its top investment destinations after the US, UK and Germany.