.jpg?id=12885363847 "DEWA solar auction awards Masdar team 800MW project")
A group of renewable energy investors led by Abu Dhabi’s Masdar has won the rights to build an 800MW solar project in Dubai.
The pension has about half of its $2.98bn infrastructure portfolio invested across UK energy. CIO Claus Stampe says Brexit will not influence current projects, but would not talk about future ones.
Most of the country's hubs currently belong to a state-controlled entity, with local conglomerates also owning four international airports.
The listed utility, already one of the largest foreign investors in Indian power, has sealed a 100MW tie-up with a local turbine maker.
A bill that would terminate the P3 agreement for the North Carolina express lanes project has died in the Senate despite overwhelming support in the lower chamber.
The fund manager is buying Parkia from EQT and Mutua Madrileña for a reported €300m less than two years after a merger between the two investors’ respective car park operators.
The Bank’s president, Werner Hoyer, is sad to see the UK leave the EU but stresses there will be no immediate changes to the EIB’s engagement with the country.
.JPG "ADB to back Indian river bridge with $500m")
The project, set to be the country’s longest river bridge, is expected to serve nine million people in the region.
The Beijing-led bank has approved its first batch of investments, a significant step towards hitting its target of lending $1.2bn this year.
The UK developer is offloading its project management business to HCP Management Services as it turns its focus on greenfield projects.
The partners will develop and finance a 600MW renewable energy portfolio in sub-Saharan Africa.
The investment manager is targeting a €300 million final close for its second renewables fund in Q3.
The asset class is suffering less than the wider equities market, but investor fright takes toll on blue-chip names.
Infrastructure investors underline their portfolios are relatively insulated – but the UK’s leap in the dark leaves many deeply concerned.
_open%2080.jpg "Infra investment gap widens as low growth takes toll")
If underinvestment continues at its current pace the world will face an annual shortfall of $350bn by 2030, McKinsey warns.