The Spanish company, together with Aveng, will build, own and operate a 135MW wind farm as well as a 74MW photovoltaic solar plant in South Africa.
The Australian fund manager has won the approval of the South Australian government to acquire a collection of schools under the South Australian Schools public-private partnership project.
The Hong Kong-based private equity real estate firm’s decision to expand its investment horizons to include private equity and infrastructure is understood to have contributed to founder and chief executive officer Rong Ren’s decision to resign.
Canadian fund manager Aquila Infrastructure Management, through its Infrastructure Coalition Program – which posted a C$105m first close last year – has backed Riverbank Power Corp’s transition from developer to independent power producer.
Traffic declined by 8.5% across Atlantia's Italian concessions network impacting on EBITDA and profit, although Atlantia's revenues managed to remain flat. In contrast, Atlantia's overseas concessions posted a healthy 6.1% traffic growth.
The OMERS-led Global Strategic Investment Alliance may have its work cut out to get close to its $20bn target – but it still poses a challenge to infrastructure fund managers.
Law firm Pillsbury Winthrop Shaw Pittman has snapped up two energy and infrastructure finance partners based out of London and Abu Dhabi from rival Dewey & LeBoeuf. The latter firm has reportedly slashed partner compensation amid disappointing profits and other troubles.
With the recent passing of its PPP law and an array of innovative financing mechanisms in its arsenal, Mexico is poised to experience a decade of extraordinary infrastructure growth.
A parliamentary committee has requested a 'radical' rethink of the procurement model which it deems 'unsustainable' and says is used mostly for its off-balance sheet benefits. MPs also accuse investors of rigging contracts for excessive profits and call for better profit-sharing mechanisms.
The London Stock Exchange-listed investment arm of German developer Bilfinger Berger has agreed to increase its stake in two Northern Irish college PPP projects. The fund raised £212m towards the end of last year.
Click on this story for the chance to download Infrastructure Investor’s intelligence report on Mexico, where we look at one of the world’s most promising emerging infrastructure markets.
The French infrastructure fund manager is gearing up to launch the follow-up to its first, €1.1bn debut vehicle – which is close to being 75% invested. Fund II will be roughly the same size as Fund I, although Antin said ‘there is room for us to increase the size of a second fund’.
Michael Dinham, head of infrastructure finance in Europe for banking group ING, believes institutional investors may be missing a trick by over-estimating the risks and difficulties of long-term lending to infrastructure.
The emerging markets private equity and infrastructure investor has purchased the UK government’s remaining 40% stake for £8m as part of a deal that will see the government take a share of Actis’s future carried interest.
The fund manager has lent £14.4m of senior debt for a 5MW solar plant and £11.25m of subordinated debt for two PFI projects. Both are long-term loans, but Gravis is actually earning more from the senior debt loan than from the subordinated debt piece.