The German-based investor said it sees the US wind market as an attractive way to grow its €16bn portfolio of alternative assets.
.jpg "Starwood passes halfway point of $1.5bn fundraise")
The investment firm has garnered about 57% of its latest energy infrastructure vehicle's target, which is larger than its two previous funds combined.
Despite ageing infrastructure and a weak pipeline of new projects, the agency believes the power source will play a significant role in cutting carbon emissions.
The acquisition boosts Equitix Fund IV’s UK solar portfolio to 60MW after it surpassed its £523m target during Q3 last year.
%2080.jpg "PIP appoints former PwC consulting chief as chair")
Tony Poulter replaces Joanne Segars in the top role as the platform continues to secure deals and capital for its £1bn Multi-Strategy Infrastructure Fund.
The financing marks the first investment by a $1.5bn joint investment vehicle set up by the ADB and Japan’s cooperation agency in March.
CIC sets to raise investment in US infrastructure.
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Conquest is hoping to draw in institutional investors in its first vehicle targeting the sector so as to chase wind and solar assets across western Europe.
The country’s finance minister said Peru would withhold Odebrecht’s revenues from any pipeline sale, according to reports.
Richard Samans, a board member of the World Economic Forum, thinks development banks would unlock more private capital for infrastructure if they focused on mitigating risks.
The fund manager said low interest rates and the current banking environment provided opportunities to raise a lump of debt for the road and bus depot PPP projects.
The $1.4trn Japanese pension fund is moving into a more dynamic selection process and integrating ESG factors in its investments as it hopes to become a role model for Japanese investors.
The team joins asset manager Patrimonium three months after the successful restructuring of its 2007-vintage fund.
The US public pension wants to add private investment capacity.