Home Greenfield
Greenfield
Martin Lennon, co-founder and head of Infracapital, says that greenfield projects, if managed correctly, can be a better bet for institutions than more tightly priced brownfield assets
The vehicle’s £1.25bn target is the same figure as the hard-cap of its predecessor fund, which closed in November 2017.
One of the world’s most prominent direct investors is trying to prove it can do much more than back projects with capital by developing a C$6.3bn greenfield project in Montreal.
Infrastructure has always been about long-term, sustainable cashflows. But how you get there is changing, say InfraRed’s Harry Seekings and James Hall-Smith.
Wariness of fixed-price public-private partnerships could have wider implications since ‘a healthy PPP market needs a healthy construction sector’, warns market expert.
A first close is expected in Q1 this year, with commitments from the AfDB, EIB and a South African pension fund.
Nordic manager CapMan is leading the acquisition from Macquarie’s Green Investment Group, which invested in the project in July.
Mark McComiskey, head of infrastructure at AVAIO, talks about the opportunities and challenges presented by investing in new infrastructure assets.
The two investors are sharing the equity on a 60-40 split for the 36MW facility south of Perth.