Queensland is rolling ahead with the rail project despite Infrastructure Australia saying its costs are ‘likely to exceed its benefits’.
View the latest capital raises.
The US retirement plan backed an infrastructure fund.
The firm promotes Ben Morris in London and Haydn Palliser in New York as it strengthens team.
The North American firm’s third fundraise is said to be targeting $5bn, with a hard-cap of $7bn.
The Toronto-based pension fund wants to highlight its ties to its infrastructure arm, which was launched in 1999.
The US utility said it will build 700MW of solar and help modernise Florida’s electric grid after cancelling the development of a nuclear plant.
The deal agreed by Greencoat Solar is the first acquisition since the initial 108MW bought upon launching late last year.
The Australian SWF has lowered its expected return range by 0.5% for the next 10 years, as it says investors have been ‘squeezed up the risk curve’.
.jpg "China Everbright in $300m first close for overseas fund")
The Chinese asset manager is eyeing a second close on its $1bn vehicle by the end of this year.
Joe Hockey, Australia’s ambassador to the US, urged the federal government to pay states 20% of privatisation proceeds that get reinvested in new infra.
The firm continues to focus on renewables and communications infrastructure, but warns of worrying trend in core infra.
Offices in downtown Houston were closed on Monday, while shut down refineries could lead to increased costs.
The $2bn PPP, which seemed at risk of derailment earlier this year, is being built by a team led by Meridiam.
The German asset manager has completed and exited two solar projects in Japan over the past four years.