The investment manager expects to see a second close in the first half of next year, and is aiming to raise a combined €500m for all three funds by the end of 2018.
The troubled pension was expected to approve the sale, which includes private equity and real assets stakes, on Thursday.
.jpg?id=12885338206 "Borealis, OTPP mull HS1 sale six years after £2.1bn deal")
The Canadian pensions are undertaking a ‘strategic review’ of the high-speed rail line for which they paid £2.1bn in November 2010.
Fresh from raising €413m, La Banque Postale Asset Management is eyeing a final close for the vehicle early next year and has already made seven high-profile investments.
.jpg "Australia’s CEFC invests in first university climate bond")
The $163m offering, issued by a top Australian university, received investor bids of over $671m.
The infrastructure trust, first of its kind by a grid company, will have up to 75% available for allocation to institutional investors.
The Metropolitan Transit Authority of Harris County is interested in procuring a commuter line that is estimated to cost between $400m and $500m.
CIO Walker resigns 31 December
Insufficient funding to relieve the US’ congested roads is costing the country’s economy $120bn every year, according to a senior official at the Federal Highway Administration.
MIRA has been joined by six other investors including China Investment Corporation, with questions remaining about the UK government’s policy on foreign investment in critical infrastructure.
The French firm has financed its second solar project in Senegal via its Africa fund with debt financing from Proparco and BIO.
High-profile ‘nos’ to Chinese capital have culminated in a grid sale proposal that completely excludes foreign capital. Are Australian assets the exclusive preserve of Australian investors from now on?
The US technology giant is looking to develop wind projects, following its investment in developing 200MW of solar projects in its third-largest retail market.
The New South Wales energy retailer is preparing to make its first commitment to a 42.6MW solar farm, with other negotiations in advanced stages.
OPERF intends to commit €200m to EQT Infrastructure III.