The fund’s £1bn predecessor is exhibiting a 20.6% return in the three years since it closed, reveals the insurer.
Regional finance bureaux told to filter projects from country’s $2.7bn PPP programme and impose stricter controls over approvals.
You have until close of play Tuesday, 21 November, to send us your 2017 achievements for the ninth edition of our annual global awards.
Kiewit Meridiam Partners will design, build, finance, operate and maintain a stretch of highway in Colorado.
The investment includes $600m into the firm’s third fund, which reached a first close of more than $5bn last month.
The two firms are planning a second offering following the sale to ERG. The new venture will be partly financed through recycling some of the sale capital, but will also tap the market for fundraising proceeds in excess of €100m.
More than 70 percent of the deals made by the firm’s $4bn fund III have now been invested in the telecoms and broadband sector.
The firm’s second infra fund, fresh from a $4bn-plus first close, is looking to end fundraising during the first quarter of next year.
The Tri-Pillar Infrastructure Fund will target greenfield and brownfield investments in both Europe and the US, with an expected IRR of between 8% and 10%.
Multilateral Development Banks have discussed shifting their role to de-risk infrastructure projects and draw in more institutional capital.
Panellists such as Ping An’s Dennis Chan argued direct investing is the way to go, while Sompo Japan Nipponkua Insurance’s Motoyuki Takahashi noted they need capable GPs.
EDHECinfra’s Frédéric Blanc-Brude went head-to-head with David Bentley, of GIP-backed ATLAS Infrastructure, in an Oxford-style debate.
Blackline Midstream, formed to acquire oil and gas assets, buys New Hampshire propane terminal from Houston-based Trammo.
The manager increased its midstream footprint earlier this year with the purchase of First Reserve Energy Infrastructure Funds.
The deal is the second time the pair have teamed up as BIG seeks to double its 115MW portfolio. The project has been bought from the Green Investment Group as the last transaction following BIG's acquisition of 20 assets from the revamped Green Investment Bank.