The World Bank affiliate is looking to lend $50m to the project and mobilise up to $100 million from other lenders.
The agency said the Swiss firm ‘improperly allocated’ almost $1.3m of expenses to the vehicle it managed until 2014.
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MIP IV is close to meeting its $3.5bn target, as it seeks net returns of between 10% and 12%.
China Three Gorges Corporation leads consortium buying the 456MW facility.
The rail service turned again to the private sector, releasing an RFQ for the redevelopment of its third-busiest station.
The fund has bought the 5MW Vulcan Renewables facility – the first commercial biogas project to be connected to the National Grid when it was launched in 2013.
Being invested in a private equity fund, even if it produces below-benchmark returns, can be more attractive than having cash lying fallow, according to a survey by Palico.
The move comes days after proposals to allow the fund to invest up to 15% of its gross asset value in OECD countries outside the UK were approved at its AGM.
China Energy Investment Corporation could become one of the world's largest power players, accounting for close to 15% of China’s power generation.
The vehicle is already backing Tesla’s 100MW grid-scale battery project, as part of the state’s $437m energy plan.
The firm announced new hires this summer in its Vancouver, Los Angeles and Tampa Bay offices.
The report was widely expected to target renewables, but said the shift to shale gas has caused retirement of coal plants and challenges to the grid.
The Lima Metro 1 expansion is part of Peru’s plan to build out its metro system.
.jpg "HKMA seeks ‘One Belt, One Road’ partners")
The $428bn fund is interested in clubbing together with other institutional investors to invest in infrastructure projects across the Belt and Road countries.