Chris Josselyn
Private equity investor Amplio has secured €40m of funding to develop a series of solar power plants in Italy. The funds raised will go towards the development of a pipeline of around 100 megawatts of photovoltaic solar plants in the country.
BAA says it remains in talks with ‘a number of bidders’ about the potential sale of Gatwick Airport, despite press reports that the last interested party, a consortium comprising Manchester Airports Group and Borealis, has dropped out of the running.
A consortium of heavyweight investors including Allianz, RREEF and Goldman Sachs, is reportedly the sole remaining bidder in the auction to acquire the Swedish energy company’s German transmission grid.
The alternative asset manager has secured €25m in project financing for a solar project in Puglia, Italy. WestLB and Barclays acted as mandated lead arrangers on the transaction, which represents Foresight’s third deal in the sector so far this year.
Chris Josselyn explains why it’s high time that infrastructure investors take the African infrastructure proposition seriously.
The airports operator says a proposed special insolvency regime would be bad news for investors.
With $5.64bn in commitments, Global Infrastructure Partners is the largest independent first-time infrastructure fund ever organised. Three years after the firm’s launch, the bulk of the fund is yet to be invested, and with markets still in disarray, new investments are difficult to close. But Adebayo Ogunlesi, the man in charge, isn’t in a hurry. Chris Josselyn and Philip Borel find out why.
The Canadian Pension Plan Investment Board has had an improved offer for the Macquarie Communications Infrastructure Group accepted by MCG’s independent directors. The additional A$0.50 per share being offered values the group at A$1.64bn.
The financial close of the Cumbrian waste PPP project is further evidence that the UK bank lending market remains open for business after the close of the M25 deal last month. A three-bank syndicate provided £65m of debt for the £720 million transaction.
The development bank has approved a ZAR 100m commitment to the Evolution One Fund, which will be focused mainly on South Africa.