.jpg?id=19327359657 "Bank of America helps Vivint Solar raise $303m")
Still rebounding from a botched buyout by SunEdison, the residential solar provider agreed to a $203m debt agreement and a $100m tax equity investment.
The commitments mark the pension fund’s latest vote of confidence for the asset class, which now make up nearly 2% of its assets under management.
The Speaker of the House said he backs leveraging private investments to revamp US infrastructure but rejected a Keynesian spending spree.
The UK firm, which held a £160m first close on the fund 11 months ago, is now preparing for the launch of a similar-sized Europe-focused offering.
The firm was backed by more than 50 LPs and expects to seal its next deal within the next couple of months.
The exit by Beijing Enterprises Water Group, a portfolio company of Khazanah Nasional and IFC, is a sign that further consolidation may be in the cards in China’s water sector.
The firm’s Global Infrastructure Platform attracts strong global interest.
%2080.jpg?id=19327374295 "UK government urged to halt £2bn Macquarie deal")
The Australian bank has come under intense scrutiny over its bid for the Green Investment Bank while rival bidder SDCL remains hopeful.
The state’s utility hopes to approve a number of large-scale wind projects before federal investment tax credits expire in 2019.
Highlighting his own environmental legacy, Obama writes in the journal Science about the robust economic trends pushing America towards a clean energy future.
Construction firm NDI exercised its pre-emption rights to become the largest shareholder in Poland’s A1 motorway concessionaire.
Developer Atlantis Resources, which is already backed by Equitix for its flagship tidal project, is looking to diversify into interconnectors, pumped storage and floating wind assets.
The infrastructure debt investment arm of Edmond de Rothschild Asset Management has so far collected more than €1bn across three vehicles.
The French public pension has invested in a Europe-focused vehicle.
The 1,830km project is set to be among the longest of its kind in the world, transmitting thermal and wind power across the subcontinent’s central and southern states.