The new vehicle will be used to acquire assets, including Belfast City Airport and a UK utility, from an EISER fund that is nearing the end of its life.
The firm has divested 14.3% of the business, which it originally invested in in 2005, through what it described as an ‘over-subscribed offering’.
Funding from government subsidies and BT are set to finance superfast broadband covering 90% of the UK.
Further acquisitions from NextPower II, through which the firm aims to build a £1bn portfolio, are expected early next year.
The $325m Silverton project will be the first greenfield asset backed by the Powering Australian Renewables Fund, through which the partners aim to deploy up to A$3bn.
A local utility and two international developers have their eyes set on wind and solar projects in Changhua, the latest investors to be scouting the island for large-scale renewables deals.
The close of this deal puts investments in US infrastructure assets from Allianz’s infrastructure debt platform at $2bn over the last 18 months.
View the latest capital raises
Using funds from the recently closed MEIF5, the Australian firm has made its third offshore wind investment and largest to date.
The firm is paying about €100m for OSB, a subsidiary of French utility Suez, in its third deal with the €1bn fund it closed in October.
The Swiss firm has invested in a liquefied gas plant alongside energy-focused Quanta Capital and a clutch of institutional investors.
The UK development financier is joining forces with the IFC and Clifford Capital to plug $371m into a Bangladeshi power plant.
The project, set to deliver the city-state’s fourth desalination plant, attracted 16 offers from seven local and international bidders.
Investors are waiting to see how the US President-elect fulfills his campaign promise to invest $1trn in infrastructure – and if it’s even possible. We investigate.
A US energy group is paying $852m, including debt, to buy the 252MW Ventika wind project from the private equity firm.