%2080.jpg "Korea’s NPS names new CIO")
The world’s third-largest pension fund has named Kang Myun-wook as its chief investment officer after an intense power struggle prompted a management reshuffle last year.
Nexif Energy has made its first investment by acquiring a 30MW hydro power project in Vietnam.
A process to privatise around 75% of the GIB is expected to start in about three weeks.
The deal marks the first asset sold under Origin’s A$800m divestment programme as the energy group attempts to weather low oil prices.
The world’s fourth largest port operator aims to expand its presence in India by backing potential infrastructure development in the country.
The Australian rail and ports operator is now favouring a revised proposal from the Qube consortium despite being informed that Brookfield is willing to bring in two additional investors.
After numerous false starts, the Greek government is once again trying to attract bids for the whole of Trainose.
TransEd Partners has reached financial close on Valley Line LRT, the largest infrastructure project in the Canadian city’s history.
The LEGO Group and Danish pension PKA each bought a 25% stake in a DONG-led 258MW project.
The investment was made through AIA Energy North America, the US infrastructure platform Argo launched last year with APG, CalSTRS and Crow Holdings.
The energy group is looking to raise capital from domestic institutions in a bid to develop at least 1GW of renewable generation.
Institutional investors are looking to latch themselves onto the bandwagon as the country’s infrastructure firms unveil aggressive strategies to expand abroad.
The French PE firm said the sale is part of its strategy to develop assets which it then sells to third-party investors.
The China-led multilateral lender has named five new VPs from the UK, Korea, India, Germany and Indonesia.
The plant is the 23rd renewable energy project commissioned by the Singapore-based firm over the last three years, with 61 other facilities under development and construction.