Tesla is delivering the 100MW energy storage facility less than 100 days since signing the contract.
A clean energy specialist and a venture capitalist have created a business that is deploying an ‘infrastructure-as-a-service’ strategy similar to that which made residential solar a huge success.
Technology has enabled investors to learn more about how infrastructure assets work than ever before – and they’re taking advantage of this insight in different ways.
The firm’s strategy is aiming to provide an IRR of between 16% and 20% from investments in up to 15 projects.
The country’s debut core infra fund is targeting $450m, with about three-quarters to be raised at first close.
We held a Belt and Road Initiative-themed workshop at last week’s Hong Kong Summit. Here are three key takeaways.
Consortiums including the likes of Meridiam, Macquarie and Cintra responded to a RFQ for Alabama’s I-10 bridge procurement.
While no one can dispute that infrastructure, as an asset class, has arrived, the labels used to segment the market – as well as the strategies they symbolise – can spark some passionate debate.
The deal is expected to see storage provider BESS grow a portfolio of over 60MW by the end of the year. The investment is Tiger Infrastructure’s first venture into the UK market and its maiden storage commitment since its formation in 2009 by Julian Robertson and Emil Henry, former assistant secretary of the US Treasury.
The firm is investing more than $60m in an 84MW portfolio of gas-fired projects to be developed in England and Wales.
A plan passed by the House would eliminate tax-exempt private activity bonds, a popular tool for financing public-private partnerships.
The new platform targets power transmission, new energy, as well as oil and gas sectors in the countries covered by the China-led initiative.
Current commitments stand at around €110m after a second close in the summer – this followed a €66 million first close at the end of March. The Swiss vehicle has also secured its second investment, deploying C$120m into energy storage sites in Canada.
The members have been picked from the public and private sectors to oversee the new national lender, which the government plans to launch by the end of the year.
Sean Klimczak said that, while the Trump administration has made progress on regulatory reform, a legislative fix has stalled and the country should look to Australia for inspiration.