The two will partner on future projects to store excess energy as Elon Musk continues to diversify his company away from vehicles.
The $15bn Ohio Police and Fire Pension said infra will comprise up to 70% of its newly rebranded real assets portfolio.
The Chinese operator continues its global expansion, following a $1.12bn investment in Sri Lanka last month.
The two southeast Asia-focused fund managers are selling their stakes in 30MW of operating solar plants in Thailand to a local zinc producer.
.jpg "Why 2016 was a terrible year for EM infra investing")
Private investment in emerging market infrastructure dropped to $71bn in 2016, the lowest it’s been for a decade. But that lull obscures an uplift just around the corner.
The divestment to Cellnex comes six years after Infracapital paid €100m for the Dutch telecoms firm.
The vehicle is also closing in on the acquisition of six small-scale plants in Norway.
Future Super is cornerstone investor in Australia’s first fossil fuel-free super fund, which is committing $40m to an infrastructure debt facility targeting ‘ethically screened’ projects.
The multi-asset manager secured a 3.2 times return multiple and a 19% IRR from the sale of its remaining stake Sembcorp Green Infra.
The Mobile River Bridge and Bayway Project, aimed at easing congestion on the George Wallace Tunnel, would be Alabama’s first transportation PPP.
More than 4,000 businesses and households with capacity of up to 30KW are eligible to sell their excess energy production to the grid at a regulated tariff rate.
Financial close for the key trade corridor connecting Detroit, Michigan and Windsor, Ontario is expected next September.
A report from the Institute for Energy Economics and Financial Analysis comes as the fund’s CEO abandons effort to expand into unlisted infra and PE.
A separate $270m healthcare vehicle has also been set up, which is targeting infrastructure deals.
Hostplus head of infrastructure Jordan Kraiten tells us how its young member base gives it the luxury of patience, as it finds itself newly underweight on the asset class.