Experience, expertise and AIFMD have helped ensure Luxembourg’s pre-eminence among European fund destinations, but for how long?
The two senior staff are joining the infrastructure equity team, following another appointment in New York last month.
The utility-scale energy storage system will be paired with Neoen’s 309MW wind farm to ensure stable power supply during peak hours.
The US endowment committed $90 million to infrastructure
The American investor has named a firm to re-imagine its OCIO role.
Funds provided by CDP and the EIB have financed the Italian side of the 1.2GW interconnector, the world’s longest underground power line.
The restructuring will split the Swedish developer’s wind practice into onshore and offshore units while launching a solar and battery division.
Along with the UK, the country is seen as having spearheaded a market that could soon get a boost from a handful of Asian and Latin American nations.
The landmark acquisition follows the firm’s maiden energy storage investment last month amid a £500m fundraise.
Tenders will be opened for both the construction and operation of the new terminal at Manila’s Clark International Airport.
Approved by the market regulator, the $103m offering could encourage more issuances to support renewables projects and climate-friendly initiatives in the country.
Paul Lester’s exit is the latest at the UK firm after co-founder Andrew Charlesworth left the company in May.
The Hamburg-based firm’s new subsidiary, which will focus on renewables projects in the Caribbean, will be led by Fernando Zúñiga.
The Lancashire and London pension funds are keen to draw in other UK institutions to contribute to their infrastructure war chest.
Decreased spending in Turkey, Brazil and India led total private investment to drop 37% last year, according to the World Bank.