Jordan Stutts
The deal comes more than two months after the energy buyout firm sold its infrastructure unit to BlackRock.
The group of developers will design and build a wastewater treatment facility north of Vancouver that will serve 200,000 residents.
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There’s political consensus that US infrastructure needs significant investment, and privatisation is one way to accomplish this, the Blackstone Group’s chief executive said.
A week after financing a port terminal in Florida, the New York-based firm agreed to provide a credit facility to a business installing energy efficient lighting systems.
The year-on-year drop in commitments is largely the result of a slowdown in investment in the US and China, according to Bloomberg New Energy Finance.
Anne Stewart joins the Vancouver real assets investor having worked on a range of projects including the Sea to Sky Highway, A25 and A30 highways and the Champlain Bridge in Quebec.
The author of a World Bank report said Latin American and Caribbean countries should identify how to more efficiently invest in infrastructure.
The $7bn public-private partnership attracted $2.3bn in funding from a group of local and international funders.
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The New York-based energy investor is said to be nearing a close on its inaugural infrastructure debt fund, which is targeting $750m.