Zak Bentley
Joint-venture partners will take over the contractor’s role, while the UK government will bring some public sector contracts in-house.
The deals agreed with Foresight comprise interests in UK schools and hospitals bought in 2013.
The 200MW Baynouna project will be the largest of its kind in the country and is the second investment by the Solar Wind fund.
The firm’s third fund is targeting £1.5bn with a £1.8bn hard-cap.
The French group fought off competition from compatriot Meridiam in a tender which initially attracted 27 bidders.
The 730MW project received backing from the EIB in November and will get a subsidy €4.7bn less than originally expected.
Vehicle makes its final investment, buying a stake in 14 airports that were among the first assets to be sold under the country’s privatisation programme.
The projects were among those won in Spain’s January 2016 auction, ending the moratorium on new wind farms.
The vehicle managed by Tages Capital acquired 35 plants across Italy from Maccaferri Industrial Group.
Lord Adonis’s resignation as chairman of the UK’s National Infrastructure Commission raises uncomfortable questions about the body’s relevance and future.