staging
Wind power
The Washington State Investment Board has restructured $500 million originally committed to the Geronimo Renewable Infrastructure Partners fund into a co-investment partnership with the UKโ€™s National Grid. According to a document published on WSIBโ€™s website published online, the US pension announced the allocation shift this week. It comes after the UK utility bought out the [โ€ฆ]
Sister publication pfm puts stats to the trends this month: gender pay gaps, diversity attitudes and GP commitments.
Tim Briggs, a partner in Herbert Smith Freehillsโ€™ competition, trade and regulation practice, on why the UKโ€™s regulatory framework has been so successful, its greenfield potential and how it could all fall apart.
Natixis affiliate is establishing a Hong Kong subsidiary and expects to launch an Asia-Pacific infra debt fund by the year end.
Ralph Berg OMERS
With C$18bn in the asset class, head of infrastructure Ralph Berg says that partnering with some of the worldโ€™s most sophisticated institutions is โ€˜now a core pillarโ€™ of the pensionโ€™s strategy.
The Carlyle Group has hired a Goldman Sachs clean energy specialist to lead the firmโ€™s Renewable and Sustainable Energy Platform. Pooja Goyal left a 17-year career at the investment bank to become a partner in a division of Carlyle that the Washington, DC-based firm says is poised for growth. In a statement, Carlyle co-chief executive [โ€ฆ]
New status is expected to widen the range of US and foreign owners of Blackstoneโ€™s stock.
Euro banknotes
Firm raises more than โ‚ฌ2.5bn for its fourth vintage as it heads towards target of about โ‚ฌ5bn-โ‚ฌ6bn.
Raising Hands for Participation,Vote,
Resorting to a plebiscite to block the privatisation of airport operator ADP would not only be counterproductive, it would set a dangerous precedent whereby a minority in parliament could block legislation it didnโ€™t like.
I Squared Capitalโ€™s co-founder has told Infrastructure Investor that Asiaโ€™s natural gas sector is a more attractive opportunity than renewables, after announcing the sale of Singapore-based solar company Amplus Energy Solutions. Gautam Bhandari said he was โ€œvery happy with the resultโ€ of I Squaredโ€™s investment in Amplus, which the firm sold this month to Malaysian [โ€ฆ]
A fifth vehicle, which could secure commitments of about โ‚ฌ1bn, may follow before the end of the year.
The Sydney-based fund manager does its second deal in recent months with Japanese lenders to refinance one of its wind farms.
A preference for debt products among Chinese investors has forced the private equity firm to reduce the target size of its debut infra fund from $1bn to $600m.
The market has already reached 22.3% of last yearโ€™s total through just six funds raised.
The Operating Principles for Impact Management, published by the IFC, set a clear common market standard for what constitutes an impact investment and addresses concerns about 'impact-washing'.
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