Iona Capital received a £60m investment from two English pension funds last year to fund renewable energy projects.
A majority of institutions that committed to the vehicle, which is already more than one-third deployed, are first-time investors in infrastructure debt.
The French firm has bought four solar projects in Chile and Peru for $31m after backing European greenfield wind projects in January and June.
Stephen Halliwell is taking on a newly created role at the firm, a proponent of the expansion of Gatwick Airport and the building of a great northern railway.
The $1.5bn vehicle has drawn interest from Japanese institutions and companies keen to explore co-investment opportunities.
The mid-market manager has also hired two associates in Melbourne and Sydney at a time when it is seeking to raise A$1bn to fund future deals.
The debut infrastructure debt fund targets the mid-size European market.
Jeffrey Altman, Hans Poser and Felix ab Egg, of consultancy Finadvice, take Bruno Alves on a whirlwind tour of the global power markets and draw lessons from Europe’s rapid renewables buildup.
_2013%20(1)%2080.jpg "HICL seeking to raise up to £145m")
The UK company would use part of the proceeds to fund recent acquisitions and pursue a ‘pipeline of investment opportunities’.
India’s largest integrated power company has become the largest renewables operator in the country after closing its purchase of Welspun’s portfolio.
The winning bid, also backed by Future Fund and OMERS, smashed expectations by a significant margin.
Located in southern England, the plant is the 11th project Cubico has bought from British Solar Renewables in eight months.
This will be Amazon’s fifth renewable energy project in the US and continues the trend of tech giants powering data centres with wind and solar.
The two buyout firms have purchased three natural gas plants and a coal-fired facility at a time when US power prices are low, anticipating future increases.
HICL has invested £50m in bonds issued by the UK’s A13, a rare exception for an asset class that does not generally offer ‘the appropriate balance of return, duration and inflation linkage’.