In its second such deal, the UK pension fund is providing £95m of 20-year class B inflation-linked financing to Affinity Water, owned by Infracapital and Morgan Stanley.
Samir Palod, a partner in 3i’s infrastructure business, has been appointed managing director in India. The move coincides with the departures of 3i Asia head Anil Ahuja (pictured) and partner Girish Baliga who are leaving to ‘pursue other opportunities’.
Hamish Mackenzie and Nadir Maruf will take over leadership of the infrastructure investment arm of Deutsche Bank following the departure of former head John McCarthy. RREEF Infrastructure is this year hoping to relaunch a fundraising it postponed in 2012.
The Amsterdam-based infrastructure fund manager announced that it has raised €604m for its third infrastructure fund and is ‘well on track’ to hit its €750m hard cap. Final close is due by the end of Q1.
In an exclusive interview with Infrastructure Investor, Anthony Albanese – Australia’s Minister for Infrastructure and Transport – told of his wish to attract more superannuation fund capital to Australia’s infrastructure build-out. He hinted that further proposals are in the pipeline.
Juan Bejar, the chairman of GlobalVia, has been appointed executive vice-chairman and chief executive of Spanish infrastructure and environmental services group FCC.
The Australian fund manager managed to raise $2bn from 27 institutional investors throughout 2012 – its strongest fundraising in the region since 2009. CalSTRS ended up committing the largest single amount at $500m.
They are taking notice of alternative infrastructure debt providers, as competition finally takes off.
The New York-based alternative asset giant has launched Fisterra Energy, which will identify, develop, finance, construct and operate large-scale independent power projects. The team is led by former Iberdrola Renewables head Pedro Barriuso.
The London-based private equity and real assets adviser and manager has brought on board Joachim Suter as an investor relations partner. Suter was previously at Macquarie Infrastructure and Real Assets.
A team of Barclays Infrastructure Funds, FIDEPPP, Spie Batignolles and GEPSA have reached financial close on two lots of prison PPPs. Natixis, Societe Generale, Bank of Tokyo Mitsubishi and Sumitomo Mitsui Banking Corporation are providing debt for the deals.
The former BNP Paribas Clean Energy Partners, which is in the process of investing a €437m fund, has announced its independence from the French bank and renamed itself Glennmont Partners. The entire team moves over to the new business.
Andrea Echberg, former head of infrastructure in the principal finance team at Societe Generale, has joined the London team of private equity and infrastructure investment firm Pantheon as partner and head of European infrastructure investments.
This is it. Today is the last day you can vote in this year’s edition of the Infrastructure Investor Awards and you have until midnight London time do so, if you haven’t already.
Norway’s proposal to cut tariffs for future Gassled gas transportation contracts by 90% is a rude reminder that regulatory risk is alive and well in 2013.