Zak Bentley
A fifth vehicle, which could secure commitments of about €1bn, may follow before the end of the year.
The market has already reached 22.3% of last year’s total through just six funds raised.
The UK’s Department for Transport is “satisfied that no conflict of interest is present’, though the approval process remains ongoing.
Polhem Infra’s backers believe it will have a competitive advantage by investing to hold rather than to sell.
Opposition party sponsoring the move says it is ‘not protectionism, but common sense and protection of sovereignty’.
Meridiam’s second closing of its Africa infrastructure fund shows both the opportunities provided by the continent and investors’ continued perceptions of it.
MEIF6 is thought to have agreed to purchase a geothermal power company in Iceland in what would be its first deal.
UK-based manager could make its first move outside British Isles after expanding into bioenergy this year.
As renewables projects ditch subsidies, four industry participants talk about why they prefer market risk. But all acknowledge they will need to work harder than ever, not least to convince investors they are well-equipped to handle the sector’s changing risk profile
As renewables projects ditch subsidies, four industry participants talk about why they prefer market risk. But all acknowledge they will need to work harder than ever, not least to convince investors they are well-equipped to handle the sector’s changing risk profile