The London-based investment group has added 6MW of new capacity to its solar portfolio and announced plans to raise money for an additional 20MW to 30MW this year. Amplio has spent some €33m on solar plants over the last year.
Alinda Infrastructure Fund II has reached final close at $4bn, exceeding its cover amount by $1bn while falling $1bn shy of its $5bn cap.
Colombian state-backed electricity firm ISA has signed a contract with the Colombian government that will see it design, build, finance, operate and maintain four roads worth just under $3bn. The contract will be the first time ISA signs up to build and operate a toll road.
Hydropower is Europe’s oldest renewable technology, accounting for 70% of electricity produced from renewable sources. But opportunities for investment are low nowadays and might be too small for infrastructure investors to engage with.
Editor's Letter: Where there’s a will… 2010-02-01 Andy Thomson The renewable energy sector highlights how easy it can be to get things done when governments are sufficiently motivated. Having committed themselves to meeting tough targets for producing energy from renewable sources over the next decade, Europ
Biomass may not generate as many headlines as other renewable sources of energy but those looking at it have found a sector with growth potential, an interesting revenue stream, and solid government support across Europe - especially in the UK.
HgCapital Renewable Power Partners has announced the acquisition of two Spanish solar projects and an onshore wind project in the UK. The new deals take the fund’s capital value past the €1bn mark and make 2009 its most active year since closing in late 2006. Its portfolio now comprises 19 projects with a 325-megawatt capacity.
Highly attractive feed-in tariffs make solar investments a good bet for investors in renewable energy. Market conditions have also made solar projects more cost-effective, helping to counteract a perceived disadvantage.
Alinda Infrastructure Fund II has reached final close at $4bn, exceeding its cover amount by $1bn while falling $1bn shy of its $5bn cap. The fund received first-time commitments from CalPERS’ newly created infrastructure allocation and from the Oregon Public Employees Retirement Fund totalling $500m.
Infrastructure investors find themselves in a healthy position looking forward. But the mistakes of the past mean a healthy debate about fund economics is necessary.
When governments splurge cash in the years running up to the worst global economic slump for decades, you know the adage about repenting at leisure will end up being horribly apt. But when public finance runs dry, you also know it spells opportunity for sources of private capital.
Most-read news stories from InfrastructureInvestor.com over the past month:
UK-listed 3i Infrastructure said today it has acquired a 49.9 percent stake in Elgin Infrastructure, which holds a portfolio of 16 educational and healthcare PFI projects across Scotland and northeast England. The fund paid £39m for the stake, sold by Robertson Capital Projects.
The German multiservice group said earlier this week that it plans to go ahead with an IPO of its Australian business – which includes construction units Abigroup and Baulderstone. Bilfinger Berger hopes to list its Australian subsidiary during the first half of this year, in a deal that could net the company up to A$1.5bn.
The Portuguese government has approved the concession base for the forthcoming tender of Lisbon’s new €5bn airport. The 40-year concession intends to privatise airports operator ANA and require the private sector to design, build, finance and maintain the new airport.