Denver International Airport estimates Ferrovial’s initial $82m equity investment will bring a 4.8% profit, but could be closer to 10.8%.
.jpg "First Avenue adds former Meketa infra principal")
Chris Tehranian joined the London-based placement agent’s New York office as head of US project management.
Onyx Renewable Partners is building on a previous partnership with RBC Capital Markets to build small-scale solar projects in the US.
The state-owned company is seeking to raise up to $700m from the stake sale.
The Singapore-based firm will start building a 42MW portfolio of solar projects this year, with a further 337MW of solar in the pipeline under development.
CBRE chief executive Ritson Ferguson tell us how client demand for infra prompted its purchase of the Toronto-based asset manager, a deal three years in the making.
The Spanish firm’s acquisition of the 90km Ruta 160 from compatriot Acciona is its second concession in the South American country.
_open%2080(1).jpg?id=19327381669 "Developed world faces infra debt constraints, says Fitch")
Challenges remain in securing revenue streams in countries where policies are aimed at reducing consumer expenses.
In its latest earnings call, CEO Michael Sabia highlighted the pension fund’s investment in insurance company USI as an example.
The state has allocated $118m to help fund the strategic asset, in a bid to unlock 2GW of renewable energy schemes in the region.
An RFI calls for ideas to better deliver the scheme, which forms part of the $20bn-plus Gateway Program.
The project, awarded in 2015, will see three years of construction followed by 20 years of maintenance over 179km of roadway.
.jpg?id=12885362052 "GCP fund supports UK care home with £11m")
The deal adds to a recent investment in the student accommodation sector, with the manager also eyeing water investments.
The deal includes the UK’s first offshore wind farm and a project bought by JPMorgan only six months ago.
The insurer is set to join Allianz and Prudential’s Asian asset management unit, paving the way for the emerging markets-focused initiative to start investing, says head of infra Bernard Sheahan.