staging
Pamplona Capital’s sale of Beacon Rail comes just under three years after the UK company paid $450m to acquire the firm.
The firm has already invested more than a third of the money collected for EDIF II, which has a €2bn target.
Several investors this month have acquired assets in oil-rich West Texas, but Macquarie has committed up to $300m to develop longer-producing wells in California.
The Australian manager has committed to investing £3bn through the UK Green Investment Bank over the next three years, with around £230m of assets expected to be sold.
The initiative, supported by the World Bank, aims to promote private financing and investments in domestic projects.
Samsung Life committed $250m to the vehicle, which is also backed by three other Korean institutions.
The credit platform for TPG invested in a company operating pipelines that supply CO2 for enhanced oil recovery drilling.
Some 11 years after an abortive deal between Europe’s toll road giants, the Italian firm has moved to try and combine the two again.
The country's power and utility schemes on average run 39% over budget and are delayed by 12 months, though US projects typically fare worse, according to an EY report.
The Singapore-based renewables firm has hired banks to conduct a ‘strategic review’ of the pool of 102 assets in a bid to garner additional resources for growth.
KWAP, which sees the sector as a private equity play, has a 10% allocation to alternatives.
The firm is the latest private equity house to spend big on assets in the US oil and gas industry this year.
The procurement process is underway for the next phase of a light rail project that will bring close to 70% of Canada’s capital within 5km of rail transit.
The Australian firm is currently raising MIP IV, which it launched last year with a reported target of $4bn to 5bn.
The news comes three months after the UK firm closed its mid-market fund on £400m.
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