staging
The 216MW run-of-river project, expected to increase power supplies by a third, had to be redesigned after a 2015 earthquake destroyed early construction works.
The USโ€™s largest public pension made commitments to GIP and JPMorgan, committing capital equal to around a third of its current infrastructure portfolio.
Long row a very tall windmills offshore
Company cites preparatory work over the supply chain, including local content requirements, for delay over Taiwanโ€™s 640MW wind project.
Just 12% of respondents to a MinterEllison investor survey said regulatory and political uncertainty was the main barrier to investing in the sector, notwithstanding the lack of a federal energy policy.
The outlook for renewables is bright, despite the shift towards more market-based systems. But although governments might no longer need to provide subsidies, they still need to offer leadership.
Infrastructure managers are caught in a balancing act, trying to choose between more โ€˜traditionalโ€™ assets that have a track record and โ€˜non-traditionalโ€™ assets that are less pricy but less proven, Hamilton Laneโ€™s Brent Burnett says.
ESG
The ratings agency has noticed the โ€˜growing trendโ€™ of ESG-linked debt instruments as an additional variable for investors.
For the first time in nearly two decades, growth in new capacity has stalled. We examine why and look at whether the freeze is expected to last.
Investors in the vehicle, which is targeting a โ‚ฌ250m close by the year end, include French pension funds and the European Investment Bank.
diversity ESG
Just over a third of private equity managers consider diversity in their investment processes, according to LGT Capital Partners' ESG Report 2019.
The latest move marks the third time the $75bn pension fund has increased its alternatives allocation target since launching the strategy in 2011.
Groupโ€™s third fund has reached โ‚ฌ850m following its launch in 2017 and will for the first time target offshore wind assets.
The National Investment and Infrastructure Fundโ€™s managing director, Sujoy Bose, explains how the government-backed GP expects to lure investors.
Pension funds from the US and Europe make up the largest portion of LPs committed to Digital Colony Partners, which has already deployed nearly $1bn.
The portfolio, which comprises 28 largely UK-based assets, has a gross asset value of ยฃ764.4m.
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