Macquarie Group’s investment arm has tapped Tesla veteran Greg Callman to lead its efforts in energy storage and distributed solutions, areas it predicts will have a ‘transformational role’ in the coming decade.
QIC head, Ross Israel predicted technological change would create a combat zone between incumbent owners and those looking to disrupt them with fresh models.
Discrepancies between policies and questions surrounding major projects have created confusion but will not stop renewables deployment.
The shift towards real assets is ‘here to stay’, according to survey, as infrastructure proves more popular than real estate with public pension funds and SWFs.
The vehicle, which will focus on regulated assets mostly in Europe, is targeting an initial €2.5bn.
The collection of loans to green energy projects closed with a cornerstone investment from the Clean Energy Finance Corporation.
An overnight agreement led to an initial 27% target for 2030 being increased to 32% and recommendations for member states to ‘avoid’ retroactive changes.
While the infrastructure fund manager has ruled out a second PINAI fund, it is exploring other opportunities in the country in separate discussions with the fund’s LPs.
A Cbus-First State Super partnership will take on a MIRA-Sunsuper bid for the state’s land title business.
The proposed divestment package – an attempt to satisfy FIRB and ACCC regulatory requirements – is not seen as including APA’s best assets.
Andrew Kim ‘completes the build-out’ of the senior team at JLC, which was formed by former NBA player Magic Johnson’s investment company and is raising its inaugural infrastructure fund.
The vehicle - which has invested in Europe, the US and Australia - has garnered over €400m to date but is still open to further fundraising.
Bryn Gostin, a former attorney, has joined the firm as head of product development and strategic initiatives.
Shane Swords will lead efforts to source institutional capital, as the group drives forward its electric vehicle infra plans.
With the possibility of denuclearisation and the lifting of sanctions on the Korean peninsula, could the world’s most isolated country become the next emerging market for infrastructure?