The combined division will look to tap into the growing demand for alternative strategies.
The move comes 18 months after the listed fund began ‘exploring the feasibility’ of co-location.
The infrastructure arm of the bank’s asset management business is financing the acquisition of Brazos Midstream’s Delaware Basin subsidiaries through its NHIP II fund.
The world’s largest wind market is requesting local authorities to have a better plan to absorb electricity generated from the country’s 168GW installed capacity and tightening regulations for future projects.
The firm, which was created from Northill’s takeover of Hastings group’s international business, has added fundraising and energy expertise to its ranks.
The managing director’s exit will leave Matt O’Connor in sole charge of the group’s power investment business.
The Swiss fund manager will partner with local developer CWP Renewables in the project, which will combine wind, solar and energy storage assets.
The single commitment to the IIF was preferred to an investment in IFM, concluding the UK pension’s search for an open-ended global infrastructure vehicle.
Deanne Stewart, current CEO of Metlife’s Australian business, will take over in November after Michael Dwyer retires.
The executive has left his senior managing director role at the Canadian pension to become CIB’s first CEO.
The acquisition from Macquarie comes roughly 10 years after MEIF2 paid €1.4bn to gain control of the German metering company.
The Australian fund manager has invested in A2Dominion on behalf of two insurance clients.
The $199bn retirement fund is looking globally to boost its infrastructure and real estate exposure to 10 percent, up from 4.06 percent currently.
From unlisted fundraising, to installed capacity, to some recent landmark deals, we bring you some key energy transition stats.
Despite a clear need and high growth potential, investors have not backed the energy storage sector in large numbers, partly due to a lack of standardised contracts, finds Jordan Stutts.