The acquisition of the 226MW project from RES and Macquarie Capital for ‘more than $142m’ is the Swiss firm’s fourth major wind farm investment in the country since 2015.
Legal disputes, annual calls to annul it and an anniversary that sets the stage for six decades of private-sector upside make the deal a case study in the dangers of misaligned interests.
GIP India is focused on deploying the roughly $100m remaining in Fund II, inherited after acquiring IDFC Alternatives’ infrastructure business, before deciding on a future strategy.
The firm has already announced two deals in the power and transport sectors since being acquired by the Canadian bank.
The French firm achieved a 100% re-up rate amid growing investor appetite, particularly from North America and Asia.
I Squared, Brookfield and CPPIB are among the high-profile investors considering a bid for the 30-year concession of eight toll roads, Invest India says.
James Gordon has joined the group as an investment director, following a raft of senior staff departures earlier this year.
The FoF manager’s IPIF Core vehicle, established in 2015 and with $82.4m AUM, has achieved 9.5% returns since inception and is looking to expand.
The firm’s third vehicle is nearly two-and-a-half times larger than its $3.1bn predecessor, which was raised in 2015, and has secured two deals to date.
North American pensions have the largest appetite for alternatives while their Asia-Pacific counterparts are the least enthusiastic, according to Willis Towers Watson.
The Australian competition watchdog’s decision not to block Transurban’s offer cements the listed toll road operator’s position as the dominant player in the NSW market.
Australian fund manager IFM Investors has launched a new open-ended infrastructure debt fund that is targeting investments mostly in the US and has raised around $500 million to date. The debt fund has made two investments in midstream projects and is targeting more assets for sub-investment grade transactions. IFM Investors, which is owned by 27 […]
For all the debate it provokes, the conventional hurdle rate has remained stubbornly untouched since the ’80s.
The fund is seeking up to €500m, €50m more than its predecessor, which closed in 2014 and is performing above target.
The fund manager attracted more than double the number of LPs that had invested in its debut vehicle, while Fund II had a re-up rate of more than 80%.