Tharshini Ashokan
The large-scale PPA programme aims to accelerate decarbonisation across the firms’ Australian critical infrastructure assets, including Melbourne Airport and Ausgrid.
Brookfield and Grok Ventures will no longer bid for the Australian energy giant, after the consortium's latest offer was deemed ‘well below’ the fair value of the firm.
The National Highways Authority of India’s own infrastructure investment trust is now required to bid alongside other InvITs and funds for all road projects put forward by the authority.
The launch of Ardian’s clean hydrogen infrastructure fund Hy24, which reached a first close of €1bn, placed the firm ahead of the competition.
The commitment from Grok Ventures will enable the infra debt fund manager to grow its project finance activities, Infradebt CEO Alexander Austin says.
The Australian-listed energy giant said the offer, which involves plans to speed up closure of coal power plants, “materially undervalues” it.
The Canadian asset manager’s interest extends to several countries in Asia-Pacific but stops where it does not have experience or a presence on the ground, the firm’s regional head Stewart Upson explains.
Besides energy transition, the India-focused fund will also target assets aimed at the recycling or re-use of resources, including energy, water, and waste, EverSource's CEO says.
The partnership with Keppel will help bridge the digital divide across APAC, where disparities in data centre penetration ‘are wide’, AIIB’s Sergio Perez says.
The firm’s investment in the Ginan Solar Portfolio marks ICG’s first move into operating solar assets and will further diversify its renewables portfolio.