According to public pension documents, Blackstone is seeking to raise $7.5bn of equity over a nine-month period, which will be matched with money from Saudi Arabia’s Public Investment Fund.
The UK-headquartered manager has raised €70m for its Italian Green Bond Fund, which is aiming for €200m in total.
The move comes as the firm closes its $5bn acquisition of Equis Energy alongside PSP Investments and China Investment Corporation.
A portfolio of more than 20 projects with a capacity of 140MW have been backed in a bid to help the fledgling sector.
The sovereign infrastructure fund has teamed up with DP World to co-invest $3bn in the country’s logistics and transport assets.
At a conference held by the World Bank Group Thursday, officials discussed the challenge of tapping the $2trn market for Shariah-compliant finance to boost infra.
Emma Haight-Cheng, AMP Capital’s European head of infrastructure debt, finds the emerging infra sector is heating up.
The firm acquired a US wind portfolio investing from its inaugural fund, which is currently targeting between $1bn and $1.5bn.
The 55MW investment is the fund’s first deal in the country since November 2014.
Around 29% of PV Power will be sold to strategic investors, while 20% will be offered on the Hanoi Stock Exchange at the end of this month.
The US fund manager acquired its second oil terminal in the UAE port.
The scheme has come under fire from the National Audit Office days after construction group Carillion was liquidated.
The commitment to Montreal-based eStruxture boosts its funding to $145m as it pushes to expand across the country.
Michael Huerta, an Obama appointee whose five-year term ended this month, has been appointed as a senior advisor.
A survey by the asset manager shows institutional investors intend to reallocate to private markets, with interest in active management strategies to help mitigate market risks.