Bruno Alves
The National Pension Service is planning to buy a 12% stake in London’s Gatwick Airport from Global Infrastructure Partners.
South Korea's National Pension Service will buy a 12% stake in London’s Gatwick Airport from Global Infrastructure Partners for £100m. The UK's price correction makes property in the country a 'good buying opportunity'.
The Spanish construction group has reached financial close on a 40-year contract to build and operate a new airport in Spain.
The National Pension Service is planning to buy a 12% stake in London’s Gatwick Airport from Global Infrastructure Partners for £100m. The move is part of the pension’s aim of quadrupling its international exposure as it expands its portfolio from $240bn to $400bn by 2014.
Alinda Infrastructure Fund II has reached final close at $4bn, exceeding its cover amount by $1bn while falling $1bn shy of its $5bn cap.
Colombian state-backed electricity firm ISA has signed a contract with the Colombian government that will see it design, build, finance, operate and maintain four roads worth just under $3bn. The contract will be the first time ISA signs up to build and operate a toll road.
HgCapital Renewable Power Partners has announced the acquisition of two Spanish solar projects and an onshore wind project in the UK. The new deals take the fund’s capital value past the €1bn mark and make 2009 its most active year since closing in late 2006. Its portfolio now comprises 19 projects with a 325-megawatt capacity.
Alinda Infrastructure Fund II has reached final close at $4bn, exceeding its cover amount by $1bn while falling $1bn shy of its $5bn cap. The fund received first-time commitments from CalPERS’ newly created infrastructure allocation and from the Oregon Public Employees Retirement Fund totalling $500m.
UK-listed 3i Infrastructure said today it has acquired a 49.9 percent stake in Elgin Infrastructure, which holds a portfolio of 16 educational and healthcare PFI projects across Scotland and northeast England. The fund paid £39m for the stake, sold by Robertson Capital Projects.
The German multiservice group said earlier this week that it plans to go ahead with an IPO of its Australian business – which includes construction units Abigroup and Baulderstone. Bilfinger Berger hopes to list its Australian subsidiary during the first half of this year, in a deal that could net the company up to A$1.5bn.