Matthieu Favas
The asset manager, run by Ashmore co-founder Jerome Booth, has launched a unit that will focus on ‘de-risking’ renewable projects.
The Dutch firm has made its third large-scale solar investment in the country shortly after launching its fifth flagship fund.
RDIF’s CEO said it is about to launch a ‘massive outreach programme to Europe’ to help fund domestic transportation PPPs.
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The private capital giant seems confident it can deploy $40bn for its debut infrastructure fund. Its announcement last weekend nevertheless raised some eyebrows.
The firm’s fourth investment from its second flagship vehicle will provide an exit to Deutsche AM, which bought Autovía del Camino in 2010.
Australia’s State Super and Sunsuper are exiting their stakes to the French firm, which made its debut Americas investments last September.
The IFC is also part of the team that will invest in broadband company CSquared alongside Convergence Partners.
In the infrastructure realm as well, the new president brings hope that France will soon be en marche. How early and how fast is largely down to domestic politics.
Frameworks are ‘mostly supportive’, but a €23bn power tariff deficit in Spain and a shorter regulatory period in Portugal remain weaknesses, says S&P.
The Spanish developer’s cornerstone investor Criteria has yet to back the bid, which would create a company with 14,000km of highways under management.