The Vietnam-based firm is making its first move into the sector with a 129MW facility, despite industry doubts about the government’s draft PPA.
The acquisition of Hutchison’s fixed-line business is the first deal from the firm’s second global infra fund, which is targeting $5bn.
Pension manager aquires 17% of Boralex as pair eye further renewable projects together.
President Glenn Youngkin said such a move would kick PPP adoption ‘into fifth gear’ as he singled out airports as promising investment opportunities.
The British fund manager has bought a majority stake in Eteck, its second investment in the Netherlands.
The new co-COO said the firm has tackled larger debt and equity deals in Asia.
The financing will help build 11 facilities with 500MW capacity, part of a $730m project under the country’s feed-in tariff scheme.
Some LPs are concerned about managers traditionally active in the PPP/PFI space branching out into other areas of core infrastructure and renewables.
There is ongoing legal action against the Spanish government relating to the two projects sold to Cubico.
Vehicle plans to deploy its first capital, using seed money to invest across Southeast Asia.
The HK-based investors see the German company as an opportunity to gain a foothold in the European sub-metering market. But the deal comes at a time of increased government scrutiny on foreign acquisitions of critical infra.
PPPs are being increasingly considered to plug US’s $1trn funding gap, though public financing remains dominant, an S&P report found.
The bank subscribed to €28.3m in Hellenic Petroleum bonds under an issuance that will support 190MW of solar and wind projects.
The Singapore sovereign wealth fund heads consortium investing in the US solar and battery storage developer.
The AMP-managed vehicle is eyeing an expansion into Europe through the acquisition of Irish broadband provider enet.