The agreement marks the second attempt by Indian giant Reliance Communications to sell its telecom towers in a bid to reduce debt.
The developer is looking to build a 2GW concentrated solar power plant that would cost around $5bn.
The vehicle has received a €50m commitment from Pro PTB and will focus on improving energy efficiency for small-scale commercial projects.
The London-based infrastructure firm has been busy expanding its clean energy portfolio, sealing its first offshore wind deal last month.
The emerging markets firm has backed a transmission line along the country’s Atlantic coast and a stranded gas power plant.
.jpg "Exclusive: Aquila buys 148MW Swedish wind farm")
The project, backed by a PPA with Google, brings the capacity of Aquila’s wind energy portfolio to 900MW.
Recent people move
The fund manager has teamed up with EDF and developer Edison to create Italy’s second largest wind operator.
While a majority of the capital is expected to come from China, the Brazilian government is also hoping to raise money from private investors.
The utility is making its debut into the renewables sector with solar and wind also in its sights.
The project is the sixth submarine cable network backed by Google.
%2080.jpg "Exclusive: Three exit after Hastings pauses European fund")
The Australian fund manager suspended fundraising for its €1.5bn core European vehicle, releasing the €250m raised back to investors.
Recent fund commitment
GCube Insurance Services said more wind developers are choosing to insure their projects to mitigate production and weather-related risks.
%2080.jpg "Concerns raised as UK Infra Commission loses statutory promise")
Industry players fear the advisory infrastructure committee will lack teeth after Theresa May’s new government confirmed plans to shelve its statutory status.