The London-listed fund has raised £110m, to be deployed into a pipeline that includes an onshore wind farm and a battery storage project.
There is plenty of capital to be raised from Asia, managers say. But fundraising there requires a lot of legwork.
Former Ford Foundation director Clinton Stevenson will oversee the division which works across asset classes.
The $119bn pension said new investments and higher valuations were ‘partly offset’ by a strong Canadian dollar in 2016.
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The UK firm has pocketed €26.2m from the sale of its interest in the asset, which was acquired by two of the project’s existing shareholders.
The California pension's infrastructure target is now 4%.
The two sovereign wealth funds are plugging more equity into the Indian renewables developer about six months after it acquired a $392m portfolio of solar assets from SunEdison.
The lender is the latest of the country's ‘big four’ to launch a direct climate bond offering, with the proceeds earmarked to fund over A$1bn of projects.
The two Canadian pensions have created companies that will purchase and install at least 2.7 million devices to help with the UK government’s energy efficiency initiative.
Moving away from a ‘post-World War II approach’ focused on public lending is needed for multilaterals to attract private money into infrastructure projects, Laurence Carter told us.
Joseph Nnanna replaces Sarah Alade, who retired from her role as central bank governor a week ago.
The pair has acquired 10.3% of Bharti Infratel, the telecom tower subsidiary of India’s largest telecom operator.
Sponsored by two North Asian investors and the Jamaican government, the 194MW gas-fired facility has secured over $200m in project financing from domestic lenders.
The organization made a new fund commitment recently
PSP Investments, part of the consortium, said it expects returns higher than core infrastructure assets for the internet infrastructure company.