The investor group, led by Italian construction firm C.M.C. di Ravenna, will design and build an aqueduct project for Manila Water.
The asset class has generated a net return of 9.9% over the last year, with GIP II its top performing fund, returning a net 15.88%.
Financial close is expected later this year on Colorado’s second large-scale road PPP, backed by availability payments.
Phil Verster, previously the managing director of ScotRail Alliance, will helm the organisation, which saw its previous chief executive leave for a role at the Canada Infrastructure Bank.
Starwood Energy is nearing its third infrastructure fund’s $1.5bn hard-cap as it eyes longer partnership with the reinsurer.
An initial 30 sites have been acquired by the new platform, with further deals slated for later in the year.
The firm’s second fund has become a shareholder in the project majority-owned by GIP’s Competitive Power Ventures.
The insurer is keen to explore other opportunities brought by Beijing’s ‘mixed-ownership reform’ scheme, following its $3.26bn investment in China Unicom.
CIO Robert 'Vince' Smith talks about infra's strong performance and why he wants more of it to help round out the $21.5bn endowment's real return portfolio.
The state’s finance authority took control of the road project last week, which is now expected to finish two years late and $160m over budget, in what Fitch called an ‘effective solution’.
.jpg?id=12885346550 "Partners Group agrees US utility services deal")
The company operates across the electricity, gas, water sewage and telecoms sectors in the US and Canada.
A $120m deal for the 55MW Sainshand project reached financial close, with Engie, Ferrostaal and the Danish Climate Investment Fund among the project’s sponsors.
Stock price soars as government announces plans to offload controlling stake.
China’s State Council is encouraging investment in projects in the One Belt, One Road Initiative.
The state has moved to enshrine its energy targets in law, as it aims for 40% green power by 2025.