Anne-Louise Stranne Petersen
Martin Bradley, head of EMEA, real assets, tells us Macquarie wanted to be ‘dominant’ in European utilities and doubts ‘anyone else will be able to build a portfolio like this’.
The European Investment Fund provided a €75m cornerstone commitment, with the fund likely to close in the next 12 months.
Jan-Willem Ruisbroek, head of Global Investment Strategy Infrastructure, tells us about APG’s ‘competitive advantage’ as it seeks to partner with ‘leading renewables developer’.
The Commission’s draft proposal might ‘halt’ German deployment for a year, in sign of unintended consequences to come.
Despite the evident need for more renewables capacity in Europe, investors are wary of ever-changing regulations and mounting costs.
Asian investors are a particularly attractive capital pool, LGIM global head of real assets Bill Hughes tells us.
The Global Unlisted Infrastructure Fund will provide access to a multi-manager portfolio targeting a CPI plus 4% return.
BlackRock veteran Teresa O'Flynn will co-lead the decarbonisation-focused firm’s infra unit alongside Churchill George Yong.
With an upper limit of €15bn and no hard-cap, CIP's Fund V, which it expects to launch in early 2023, could rival Brookfield's GTF.
Europe's hydrogen targets make it a focus for the fund, with the US on its sights following passage of the Inflation Reduction Act.