Zak Bentley
The infrastructure vehicle could exceed its original target, depending on the manager’s ongoing talks with potential investors.
Lincoln Clean Energy is the first of the 15 portfolio companies to be fully exited by the vehicle, which is currently generating a 18.2% net IRR.
Tages Helios II is a successor to a €253m vehicle that closed in June 2017 and can also invest in wind assets.
LBBW is targeting €100m for the vehicle, the first of in a series of infrastructure-related offerings.
The buyers said they are they ‘are well placed to […] mitigate the effect of declining concession lengths’ for the 65-asset PPP and PFI portfolio.
The airport’s regulated rate of return may come under fire in a review, according to ratings agency S&P.
The firm becomes the latest to embrace Taiwan’s renewables revolution, joining the less sought-after solar market.
While the energy-focused fund is largely reserved for Europe, up to 40% could be invested outside the European Economic Area.
The UK government wants institutional capital to finance its next generation of plants, although the proposal has raised some eyebrows. Zak Bentley finds out how this might be done
Tampnet, bought by 3i Infrastructure and ATP, was also partly owned by EQT’s second fund, which has now sold four of its 11 assets.