Jordan Stutts
The fund is targeting senior and mezzanine debt investments in the North American clean energy sector.
I Squared’s development subsidiary has put in operation or is developing over 1.3GW of clean energy for GE and plans to deploy $250m in equity through 2018.
The Paris-based firm paid €325m for a 10 percent stake in a Spanish oil pipeline and storage company.
The subsidiary of Japan’s ORIX Corporation says the partnership may expand past the 13 projects currently in development.
Macquarie Infrastructure Debt Investment Solutions has fully deployed its first UK infrastructure debt fund with this deal.
The $119bn pension said new investments and higher valuations were ‘partly offset’ by a strong Canadian dollar in 2016.
The firm has moved Sofia Berger from her position as managing director in Latin America and the Caribbean to senior vice president of US transportation.
The two Canadian pensions have created companies that will purchase and install at least 2.7 million devices to help with the UK government’s energy efficiency initiative.
PSP Investments, part of the consortium, said it expects returns higher than core infrastructure assets for the internet infrastructure company.
The 50MW project is the first in a $200m pipeline to develop 200MW of energy storage systems.