The 288MW greenfield project will be the largest of its kind in Sweden and is the first ramp-up of HgCapital’s renewables activities in four years.
The $380m project is the latest stage of a near-$1bn effort to expand the hub, which is backed by the likes of QIC, Colonial First State and IFM.
Four-fifths of the region’s insurance companies intend to increase exposure to the asset class over the next three years, according to a survey, with infrastructure debt deemed particularly attractive.
Exclude the industry’s largest fund and first-half fundraising goes from a record-setting performance to the worst H1 since 2012.
The acquisition is the fifth tie-up for the Swedish firm’s third fund which closed on €4bn earlier this year.
The deal comes just days after the manager acquired a set of wind farms and builds on its holdings in two sizeable oil storage and pipeline assets.
The fund managers will oversee three separate vehicles intended to leverage equity and debt investments in fibre broadband across the UK.
The legal powerhouse has added Manhattan-based Chadbourne & Parke, strengthening its US presence while adding offices in Mexico City, São Paulo and Istanbul.
The team, which also includes Antarctica Capital and Silverpeak Real Estate Partners, has acquired the US’s largest parking owner and operator six years after Alinda bought the company.
.jpg "Alternatives managers ‘need seat at table’ for FCA talks")
A leading regulatory lawyer has warned that alternative asset GPs may be burdened with inappropriate rules if they don’t participate.
The Manila-based lender believes the Indian government’s commitment to reforms in the last three years has helped improve the investment climate.
Proceeds from the Korean lender’s inaugural offering will be used to finance or refinance renewable energy projects.
The consortium, also comprising Shikoku and Eiffage, acquired a project that will be built in the Atacama Desert.
After its first infrastructure investment last month, the Ohio pension has pledged up to $80m to Meridiam’s third North American fund and upped its real assets target.
The president stressed promoting coal, nuclear, petroleum and natural gas but said nothing on renewables.